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2.5 quintillion bytes of data are created each day, and that number is continuously growing. For financial organizations and services, that represents a wealth of information about existing business customers, novel business opportunities, target market audiences, and the competitive landscape. 

However, this tsunami of data acts as a roadblock for financial units because a major part of it is stored and managed in legacy systems.

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As it has been for decades, Electronic Data Interchange (EDI) continues to be a critical data-driven technology for businesses around the world. It enables companies (retail, healthcare, logistics, and other industries) to exchange data between business partners using a standardized format. 

However, companies that rely on legacy EDI systems are encountering multiple problems.