tell.talks

9 - Banks are running on systems that were built before the internet existed. Nelson Wootton on the ticking clock

tell.money Episode 9

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0:00 | 13:01

In this episode of tell.talks, we sit down with Nelson Wootton, CEO and Co-Founder of SaaScada, to unpack why banks still struggle to move at pace, and what needs to change.

Nelson shares why many banks operate weeks behind reality, how legacy core banking systems slow innovation, and why replacing them can feel like “open-heart surgery while the patient walks around.”

We also explore what true product agility looks like, why coexistence is key to modernisation, and how leadership, empowerment, and trust play a critical role in driving change.

A candid conversation on the realities of banking transformation, what’s broken, what’s fixable, and why modernisation isn’t just a technology problem.