Banks must modernize legacy systems to stay competitive, meet customer expectations, and harness AI’s full potential. Outdated systems cause integration challenges, siloed data, security risks, and poor user experiences. Traditional approaches like rip-and-replace or custom code are costly and inefficient. A modern strategy involves aligning IT and business goals, securely unlocking core systems through APIs, and maximizing reuse to reduce complexity. API-led integration enables composability, agility, and scalability. Case study: RBC Wealth Management accelerated onboarding and built reusable APIs to enhance service delivery threefold.

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