Stephen Lord on technology modernization
From Stephen Lord, Global CIO of Axis Capital, on modernizing while leveraging legacy with Unqork (#2) · · Unqork
“With the technology of today, we can extend and expand those investments and get most if not all of the benefit of a brand new replacement without the incredible upfront investment and disruption of tearing something out and replacing it entirely.”
On , Stephen Lord, Global Chief Information Officer at AXIS CAPITAL HOLDINGS LTD, spoke about technology modernization during Stephen Lord, Global CIO of Axis Capital, on modernizing while leveraging legacy with Unqork (#2) on Unqork.
About Stephen Lord
Stephen Lord, Global CIO of Axis Capital, has discussed the company's approach to balancing innovation with the maintenance of existing systems. He described a "twin mandate" of investing in new technologies while optimizing current infrastructure, comparing the cost of replacing legacy systems to buying a new car versus maintaining a reliable older one. Lord stated that modern technology allows the firm to extend existing investments and achieve benefits similar to a full replacement without the associated upfront cost and disruption. Lord has also highlighted the use of the Unqork platform to augment existing systems)Skip. He noted that Unqork reduces the effort needed to set up core functionality and user interfaces, allowing the team to focus on business capabilities rather than foundational architecture. In the North American business unit, Lord said the company is using Unqork to augment a system called Encor, aiming to provide a user experience that blends automation, AI, and workflow capabilities. He cited positive prior experiences with the platform as a reason for its continued use.