OpenLegacy – Bridging the gap between digital innovation and core systems through all-in-one modernization platform

The Silicon Review

Today’s complex digital ecosystem is made up of many interlinked parts. APIs play a critical role in it as gatekeepers and connectors – providing many automation opportunities and efficiencies that end-users don’t even notice. Businesses pay close attention to APIs. They’re critical to the functionality of applications, data, and all kinds of customer interactions. The primary goal of API management is to enable organizations that create their own APIs or use external APIs to monitor their activity and meet the demands of development and applications using APIs. This is how they ensure that all APIs are used in compliance with corporate policies and governed with the right levels of security.

OpenLegacy is one such company that helps various organizations quickly develop a composable enterprise by extending their core (legacy) systems to the web, mobile and cloud in days or weeks versus months. Their API software quickly reduces project backlog by automating and accelerating API creation, deployment, testing and management from core applications, mainframes and databases. Together, business and IT teams can quickly, easily and securely meet consumer, partner or employee demands for digital services without modernizing or replacing core systems, and without special programming skills or invasive changes to existing systems and architectures.

OpenLegacy (OL) Hub

To compete in a rapidly evolving landscape, enterprises must nimbly compose new digital experiences and offerings. But monolithic legacy systems that weren’t designed for the digital age are often a hurdle on the road to continuous innovation. OL Hub is built to bring the simplicity, speed, and standardization of cloud native development to enterprises with monolithic core systems. OL Hub is powered by the same patented API integration technology trusted by hundreds of global banks and insurers to create digital services from legacy systems.

Get the best out of your Core Systems without changing them. Manage services as Cloud-Native Applications or serverless functions. Generate technology agnostic digital services in days, quantum leap your DevOps strategy, and more importantly: embrace your industry’s integration standards in record time. OL Hub supports deployment to all cloud, serverless, and on-premise environments.

Offering State-of-the-Art Cloud-Based API Integration Services

Digital Innovation: Over the last few years, new digital-only banks have taken trillions of dollars in checking accounts, mortgages, and wealth management assets from traditional banks. This is when digital banking comes into the picture. Composability is the ability to rapidly assemble new products and customer experiences from cloud-native building blocks. OpenLegacy transforms the way banks innovate by finally making composable banking a reality. The company connects directly to core systems, automatically generates digital-ready code, and deploys as standard microservices or serverless functions. With OpenLegacy, banks can finally achieve the speed and resilience of the composable enterprise — harnessing legacy assets for continuous innovation.

API Integration: In order to survive, enterprises must be able to rapidly compose new offerings and customer experiences from existing technology – a challenge for organizations with monolithic core systems. The company offers these enterprises the promise of true composability. OpenLegacy’s patented technology bypasses complex ESB/SOA middleware to connect directly with mainframes and midrange systems. And it exposes data from those systems as standard microservice- and serverless-based APIs that can be nimbly composed into new digital experiences. Say goodbye to your backlog. With Automatic Code Generation, you can quickly and effortlessly generate digital services from 50+ types of back-end systems. No special skills or changes to legacy systems required. With direct-to-legacy connections, you avoid complex layers of technology and dramatically boost API performance. Automatically generate a microservice as a self-contained standard Java component.

Microservices: A Microservice is a small, self-contained piece of code thar executes a business function. It has a clear interface, and private data. Microservices can be written in many different programming languages and is one component in a service-oriented architecture. The service is decoupled and easily deployable inside a container into any environment. They are easy to continuously integrate, deploy and test - plus software teams can work on each one independent from another. It supports continuous delivery and service discovery in environments from serverless cloud computing to data centers. Create a microservice and an API automatically. OpenLegacy's platform creates APIs contained within microservices, with a built-in connection to the legacy systems. In one step, create a legacy API and expose business processes. The entire application also executes faster without middleware and ends the reliance on additional third-party software.

Romi Stein | Co-founder & CEO

As Chief Executive Officer of OpenLegacy, Romi provides strategic direction and oversees OpenLegacy’s day-to-day execution. He has proven experience in all aspects of information-technology business leadership. He has a uniquely deep understanding of how to lead in this market, gleaned from fifteen years at IBM’s global headquarters where he became intimately familiar with how one of the top corporations behind legacy systems operates. At IBM, Romi played a wide range of leadership roles in his 11 years at IBM headquarters, including managing a Country Pricing Group and being a Principal Market Development Consultant, where he contributed to the development and growth of new markets in North America and Europe and launched the first industry storage software virtualization family. Mr. Stein holds a Bachelor of Arts in Accounting and Economics and a Master of Business Administration degree, both from Tel Aviv University.