Last Updated September 29, 2008
Dealing with the headache of post-acquisition IT integration
The proliferation of legacy systems at CEE banks has proved a major challenge for many western banks that have made acquisitions in the region. But there are a number of different strategies that they can pursue to ensure IT savings, the exploitation of synergies, and a more efficient IT infrastructure, writes Liz Salecka.
Western banks acquiring banks in CEE have often found IT integration difficult for a number of reasons – not least because, as in most acquisitions, the immediate focus is put on commercial and operational issues, which fail to consider IT or systems integration challenges.
