Your financial services organization is buying another company to increase product and service offerings. As you move forward in an uncertain environment, the upheaval caused by integrating with another organization can significantly challenge the way both conduct business. Every merger and acquisition multiplies the IT infrastructure that must be managed and maintained to support the new organization. The total data management responsibility is enormous. Without an effective enterprise data management strategy and early IT involvement, the merger or acquisition may be doomed to fail. But there’s a bright side: change is a strategic point in the business cycle to take advantage of marketplace opportunities and excellent time to look at ways to optimize across the enterprise.
- A full evaluation of all systems can determine the best course of action for all parties involved.
- Unite systems and processes and determine optimal procedures for operational efficiencies.
- Leverage the momentum of change to innovate and take services to the next level and improve controls and risk management.