acquiring and retiring banking systems

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Acquiring and Retiring Banking Systems

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Acquiringand Retiring Banking Systems

600 Branchesin 9 States

$191 Billion in Assets

ACQUIRED M&I BANKIN 2010

Cost: $285,000 Each Month

Wasteful

Cumbersome

Risky

EXPENSIVE $

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70% of IT Budget

Retire Old Apps

Preserve DataFull

ComplianceAudit Trail

CHAIN OF CUSTODY

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Structured andUnstructured Data

Optimized Infrastructure

Open Standards

COMPLIANT

Extract

Transform

Load

Access

Online in 3 Months

Costs Recoveredin 1 Year

$5 MILLION A YEARIN SAVINGS

Since 1995“The right information,

at the right time,to the right people”