Gartner says application modernization services address the migration of legacy to new applications or platforms, including the integration of new functionality to provide the latest functions to the business. Modernization options include re-platforming, re-hosting, recoding, rearchitecting, re-engineering, interoperability, replacement and retirement, as well as changes to the application architecture to clarify which option should be selected.Gartner advises application and software engineering leaders to take charge of reshaping their strategies, tactics and cultures to help their organizations drive business change, enable digital innovation and deliver business value. To drive business value is to deliver software that meets the functional, operational and economic needs of the business. Building the skills to take advantage of, rather than be swamped by, the relentless pace of technological change, is key to success.In today's PodChats for FutureCIO, we are joined by Praveen Kumar, vice president for Asia Pacific, Rocket Software, to talk about modernisation in the context of Asia's financial services industry.1. The financial services sector has been undergoing transformation and disruption for years now. If you compare the transformation (some call it modernisation) and disruptions before and during the pandemic, what is the same and what is different?2. Among the approaches CIOs/CTOs to lead/enable the transformation/modernisation – what has worked and what hasn't?3. What can CIOs/CTOs draw as lessons from 2020-2022?4. In 2023, what do you see will be the top priorities of FSIs in the region? 5. How do you see IT and the CIO supporting these priorities?6. There is a greater call on the CIO to show ROI for IT investments. Given this added pressure, what is a sensible approach for heads of technology?7. How do you see leadership interests around ESG impacting technology priorities and investments in the years ahead?8. Closing our podchat on modernisation, what is your advice to CIOs, CTOs and leadership as regards to how to bring forward modernisation in the context of the uncertainties that we will continue to experience in the years ahead?

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