October 06, 2008 - Toronto, Canada - Jennifer Fisher, Director of Sales at Speedware Ltd. will discuss the benefits and drivers for legacy modernization activities and introduce its various techniques and strategies at the 2008 Financial Services Technology Forum scheduled on October 28 & 29, 2008 at the Design Exchange in Toronto, Canada.

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Legacy Modernization for Financial Institutions - What is it? And Why do You Need it?

Legacy modernization has become an increasingly popular option for financial institutions looking to optimize their IT. This session will explore the many benefits financial institutions can expect from legacy modernization including lowered maintenance costs, increased business agility and the availability of new technologies. Critical drivers for legacy modernization activities will be examined, including the rising maintenance costs of legacy applications, the need to align IT with business objectives, the shrinking pool of qualified resources capable of understanding and maintaining these applications, and the need to upgrade to modern, more flexible systems.

An overview of the full spectrum of legacy modernization projects will be provided as well as techniques for assessing the health of legacy applications. A discussion on how to plan and execute a successful legacy modernization project will be included, along with a review of various modernization strategies and tips for staying on budget and on time. Finally, case studies will be provided highlighting success in the financial services sector.

Ms. Fisher is Speedware’s Sales Solutions Strategist and is responsible for managing the worldwide sales force for both for private and public sector organizations. Her responsibilities include expanding market reach, developing vertical markets and driving Speedware’s IT modernization market strategy by promoting a solutions-oriented approach that strives to analyze and understand specific customer requirements. Ms. Fisher has been actively developing the financial institution market and has been involved in implementing successful modernization projects for customers such as ING and Massachusetts Mutual.

2008 Financial Services Technology Forum

The 2008 Financial Services Technology Forum focuses on new, cutting-edge enterprise applications and solutions that are sustainable, flexible, and increase profitability. This year's event features over 30 interactive expositions and 20 engaging conference sessions presented to all corporate users, from service providers to small, medium and large businesses alike.

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