
The episode discusses the concept of legacy in banking with Erik Åkesson, exploring its implications and related topics such as drones and aviation safety culture.
We finally did it. We recorded an episode about legacy and somehow ended up discussing drones, artillery, aviation safety culture, and why bankers apparently don’t need pockets in their suits. In this episode of Fintech Daydreaming, we’re joined by Erik Åkesson to unpack one of the most overused and misunderstood words in banking: legacy. Is it the root of all evil? Or is it actually the thing keeping the whole system standing? Erik brings a refreshingly broad perspective (and about 20 years of banking experience) to the table, drawing parallels from: Military strategy (yes, really) Aviation and safety culture And the everyday reality of running a bank with systems older than some of its employees We explore: Why “legacy” isn’t just bad code, but the situation you’re in because of your history How banks might be underinvesting in understanding their current state (while overinvesting in PowerPoint futures) Whether AI is actually solving legacy problems… or just becoming the latest shiny object And why improving your existing systems by 3% might matter more than launching the next flashy use case Naturally, things got slightly heated towards the end as we debated what matters…
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