Untangling the Legacy Maze: Strategic Decommissioning After Bank Mergers & Acquisitions
Merger or Acquisition process often lead IT teams managing a sprawling mix of legacy systems, many of which are no longer critical to retain for daily operations. In fact, studies show that over 60% of IT costs post-M&A are spent maintaining outdated or redundant applications, systems that simply exist to retain historical data or satisfy audit requests.
Yet, only 30% of organizations have a formal decommissioning strategy in place. In banking, the challenge is even greater. Regulatory pressure, decades of historical records, and complex integrations with core systems make it incredibly difficult to shut down legacy applications safely. This webinar will dive into why these problems persist, and how banks can reduce cost and risk by rethinking their post-acquisition data strategy.
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Here’s What You’ll Walk Away With
- The Hidden Complexity: Why decommissioning is more than “turning off old systems”. Including regulatory retention, customer data access, and audit traceability.
- Balancing Compliance and Cost: How to safely retire systems without violating data retention laws or losing critical customer data.
- Integration vs. Elimination: Deciding what to consolidate, what to modernize, and what to archive.
- Tools & Frameworks: Best-in-class architectures and tools for secure archival, metadata indexing, and searchable records.
- Change Management & Culture Clash: How differing IT cultures post-M&A impact decommissioning efforts and how to overcome resistance.
- Live Q&A: Get answers to your own decommissioning dilemmas from expert practitioners.
What to Explore
When one bank buys another, the first thing they do is look at what they’ve taken over, how many systems, how much everything costs, and how many people are involved. Then, they build a plan to move the business deciding things like: Do we move customer data? Do we close old accounts and open new ones? Should we keep old records or links working to access?
The real problem begins when people with knowledge of these systems are laid off, taking critical system context with them. Without proper planning, the data becomes hard to access, interpret, or defend during audits.
In this webinar, we’ll explore the long-term risks of post-acquisition legacy systems, and more importantly, how early, intelligent archiving can simplify your infrastructure, reduce cost, and ensure compliance, without keeping every old system alive.
Who is this webinar for?
This Webinar is for,
- Data folks
- Merge and Acquisition people
- Legal department
- Governance & Compliance department
- Application/ product owners and anyone responsible for streamlining business and technology operations post-acquisition.
Speaker
Clement Merwin Joshua P
Software Development Engineer III