Technical debt remediation challenges: The way forward

10 Pages

This whitepaper explores the risks of technical debt in financial services, outlining causes like legacy systems and skill shortages. HCLTech identifies key remediation factors—clear scope definition, platform assessment, and tool-based automation. It advocates design-led modernization, iterative refactoring, and strict governance to control costs and improve resilience. The paper concludes that proactive remediation ensures agility, scalability, and compliance, empowering organizations to sustain innovation while minimizing future debt.

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Technical debt remediation challenges: The way forward

Technical debt remediation challenges: The way forward

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