IBS Journal Supplement 2015
in this issue
Replacing or upgrading a core banking system should never be tak- en lightly, and for many banks technology projects are viewed with extreme caution and dread. But how long can a legacy system meet future business needs, if at all? If you find your system wanting and are ready to set out on the journey to replacement, how should you go about it? What advice can others offer, and what are the pitfalls and best practices to ensure you arrive safely and successfully at your destination?
IBS Intelligence talks to a range of experienced industry participants to get their take and practical recommendations on this thorny mat- ter. They have got scars to show from previous projects and don’t mince their words, and are surely worth listening to.
Mark Paterson, Sofgen Supplement Editor 4
CONTENTS OVERVIEW:
Mistakes and masterstrokes of core conversions
...pg 4-8
CASE STUDIES: Farm Credit Bank of Texas, US
...pg 10-12
British Caribbean Bank, Turks and Caicos Islands
...pg 14-15
Premier Group, Kenya
...pg 16-17
Director, Editor in Chief Martin Whybrow Tel: +44 (0)1303 263 525 Email:
martinw@ibsintelligence.com Editor, IBS Journal Tanya Andreasyan Tel: +44 (0)1303 263 529 Email:
tanya@ibsintelligence.com Reporter Jan Metcalf Tel: +44 (0)1303 263 522 Email:
janm@ibsintelligence.com Advertising Manager Sallie Payne Tel: +44 (0)1303 263 527 Email:
salliep@ibsintelligence.com Designer Chiara Colombi Marketing Manager Elizabeth Connor Business Support Manager Ian Catley Sales Administrator Sandra Carr Data Researcher & Online Editing Assistant Claudie Sculley
IBS Intelligence is a trading name of IBS Publishing Ltd Registered Office IBS Publishing Limited, 8 Stade Street, Hythe, Kent, CT21 6BE, UK. Registered in England and Wales, Registration no 5365737 Tel: +44 (0)1303 262 636 Fax: +44 (0)1303 262 646 Email:
info@ibsintelligence.com ISSN: 0965-674X
© IBS Intelligence 2015
www.ibsintelligence.com 3
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