You've been there. Maybe during an OCC exam prep meeting, or a Dodd-Frank compliance review. Your compliance team needs answers about business logic that's been accumulating in your codebase for three decades. They need it documented, traceable, and yesterday.
220 billion to 800 billion lines of COBOL still power 80% of the world's financial transactions — built by a generation now walking toward the exits. When your experts retire, they're taking the unwritten manual with them.
An estimated 220-800 billion lines of COBOL code remain actively deployed across global enterprises, processing trillions in daily transactions. Yet over 80% of organizations expect these systems will persist beyond their current workforce's tenure.
The recent spotlight on COBOL systems and the shortage of qualified COBOL programmers isn't due to a lack of qualified engineers — it's due to a lack of knowledge. That's a huge opportunity for someone that can reach all of that trapped knowledge.