THE FINTECH INTERVIEW
These approaches can quietly undermine progress while competitors embrace comprehensive cloud modernisation and establish new industry benchmarks.
The longer banks delay meaningful migration, the more expensive and complex the eventual transformation becomes.
Meanwhile, organisations committed to full-scale cloud modernisation continue learning and setting new standards for the industry.
The skills shortage challenge As legacy technology expertise diminishes and demand for modern banking talent increases, banks face a critical capability gap. The retirement of legacy system experts coincides with surging demand for cloud and data streaming specialists, creating a perfect storm.
“ You can’ t leap into the future with teams or systems built for the past,” Peter explains.“ That’ s the core challenge of cloud transformation. As legacy tech pros retire or move on, and demand
26 September 2025