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I recently had the opportunity to meet Romi Stein , CEO of OpenLegacy, an Israeli startup specialized in APIs dedicated to legacy systems. This is an opportunity to present their solution in more detail. Below you will find the video of the interview with Romi and Cyrille Gabory , the sales manager for France, made during the MasterClub 2019 of the Cercle Lab in Barcelona.
Value proposal of OpenLegacy
OpenLegacy makes it easy to connect legacy information system systems to more modern tools. Indeed, it is common for insurers (as in many other sectors) to find tools that are quite old and that are not planned or desirable to replace them. For connoisseurs, we are talking about the AS400 in particular. These tools are still frequently used for run-off contracts or long-term products (retirement, provident, etc.). However, if these tools are generally quite robust, two problems arise for those who use them: they are generally poorly connected to other IS tools, and skills are becoming increasingly scarce to exploit or develop them.
OpenLegacy addresses both of these issues. With teams skilled in these aging technologies, AS400, Cobol and others, OpenLegacy ensures connectivity and access to the data of these tools through more modern connections such as APIs, or webservices.
Details on Ayalon’s feedback, quoted in the video
A webinar to better understand:
The ease of deployment and use of OpenLegacy’s tools makes it possible to quickly develop connectors and guarantee the opening up of a set of data that has not yet been used. Improving knowledge of the client’s contracts or business development perspective to work on the portfolio, this type of connection opens up new perspectives.
Moreover, and this is a point that is quite dear to me, it is the opportunity to graft solutions in parallel with existing tools without the need to replace the entire IS. Thus, the software development strategy, which was still very much in the works a few years ago, is less and less necessary. It is then possible to consider a more modular IS strategy and to replace each brick when necessary and not systematically in one block.
To go further
If the value proposal of OpenLegacy fits your need and raise your interest, you should as well have a glimpse on this article.
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