"If it ain't broke, don't fix it" is a sentiment you can apply to your firm only if it doesn't use any form of technology. But because you most certainly do use technology in your business, you need to either fix it or risk falling behind.

There's a difference between tech that maintains and tech that performs. Content marketing agency Raconteur Media reports that "perhaps as many as 80 per cent of financial services organizations are sitting on core systems which are 25 to 30 years old."

Technology is constantly improving, which can quickly render older technologies obsolete. And in the last 30 years, the rate of technological innovation has accelerated. If you're processes have not been updated, there's little chance you're functioning at top capacity.

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