How to Innovate with Legacy Technology: Modernizing a Business Critical Legacy Application | WillowTree
Summary
Many FIs have centralized their digital and technology teams to support many different business units across the organization, but adjusting to this change can take time, especially at a large enterprise. Hiring a few individual contractors at a time may help get a few initiatives over the line, but it can be difficult to establish consistent engineering best practices and deliver at scale. Given the aforementioned tech talent war, it’s no surprise that companies turn to outsourcing and working with contractors to accomplish their digital goals and keep pace with demands for innovation. While most financial services companies have distinct business strategies and teams allocated internally to long-term projects, like migrating to the cloud or driving innovation initiatives, many find that there are still gaps in organizing and scaling these cross-functional resources. A Surge Squad is a very small, nimble group of technical or product specialists, led by a program director, that plugs in specifically to advance clients’ most mission-critical priorities.
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