IT is crucial to successful bank merger integration and supports many important integration activities. However, it is often identified as a root cause of failed M&A and divestiture efforts due to poor IT platform and organization integration, inefficient due diligence and failure of IT to enable business synergies. These same areas, however, are also key targets for significant profit opportunities in the bank.
CCG Catalyst’s IT integration experts help banks focus on the value that IT brings to a deal. We work with our clients to assess existing IT environments and capabilities, and then identify the opportunities and threats of changes in business structure through our due diligence process. We work together to develop a tailored strategic bank IT roadmap and migration plan, and to guide the IT decisions and actions required to realize the deal’s maximum value.
CCG Catalyst focuses its support on key areas of IT merger integration, including the core and ancillary application, infrastructure, IT organization, projects and vendors.