IT landscape rationalization continues...expect that in 10 years from now Banking will be made more simple, lower cost and more transparent!
NAB has decommissioned 37 legacy servers that supported its old credit risk engine, following the successful roll-out of a new analytics layer as part of the Australian bank’s NextGen programme. The decommissioning of the old credit risk engine comes as NAB completes the latest upgrade to its Information Analytics Platform, which has broadened the scope of customer and transaction data passing through its processing systems. NAB chief information officer David Boyle says: “NAB’s credit risk engine is now delivering enhanced risk weighted asset data quality to the bank and is part of a front-to-back NextGen solution, where front-end banking data will pass directly to the consolidated back-end financial, risk and analytics platform."
http://www.finextra.com/news/fullstory.aspx?newsitemid=26738