Three Simple Ways to Modernize your Legacy Application
When your customers demand more utility from your current
system than it was originally designed to
provide due to Legacy limitations and constraints, what are some of the
options you have for giving your customers a satisfying outcome? A complete rewrite to modernize a complex
financial application with millions of lines of legacy code is not an easy
task. I have seen it attempted. And, I have seen it both succeed and fail. In
my view, the best approach is to carefully choose and replace parts of the
legacy system, reusing the main core of the application. Consider replacing the
following components as a way to
increase your system’s value and to modernize your application: a Business Rules Engine (BRE), a well-defined
list of REST APIs, and a modern Business Process Management (BPM) workflow that
provides a work allocation /
distribution engine.
Business Rules Engine
Business rules are key to your customer’s success. For most legacy applications, these rules are
embedded within the code making it very difficult to change. But adding a
parallel structure to externalize these business rules can provide a huge
benefit to your customers. You would then be able to run the rules
alongside your existing legacy rules.
This approach will provide the capability to build new rules and logic in the
externalized rules engine. A business
rules engine (BRE) is a software component that allows non-programmers to add
or change business logic. This approach eliminates a lot of risk since your
existing legacy rules remain intact and
can be replaced once your customer has
signed off on the new rule engine. This will give your customer the capability
to change their business rules without the need for programming.
APIs and API Gateway
APIs hold the key to legacy modernization and, in turn, solving
the legacy system challenges. APIs act as the main door for legacy applications
to access the data, business logic, or functionality. Adding a good API Gateway
to protect the integrity of the legacy system
enables a secure and governed access to the underlying data
without impacting the core legacy logic. This allows organizations with older
systems to adapt to modern business needs and, more importantly, quickly adopt
new technologies and platforms.
BPM and Work Allocation Engine
BPM allows you to leverage legacy
functionality with modern applications that combine business logic and your
customer’s business process data. BPM improves
collaboration between your business and IT by abstracting the business process
from the underlying code, and allowing loose coupling with the legacy code. BPM
can help you identify the human interface requirements and automate work
allocation handling through intelligent routing and tracking of human task
assignment.
In leveraging these three simple technologies – BRE, APIs and BPM
–you can easily wrap your legacy code with the modern architecture needed to
meet all the changing business requirements of your customer.
About the Author:
Vinay Bhatia is an experienced product leader, passionate
about building financial products that delight customers. He has an extensive
background in technology, cloud and agile software development.
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ReplyDeleteYour article provides clear and concise guidance on modernizing financial systems. Incorporating the three strategies you've outlined is crucial for businesses aiming to stay competitive in today's dynamic market. Embracing legacy software modernization services will undoubtedly play a pivotal role in achieving a streamlined and efficient financial operation.
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