Over the past few years, the banking and financial sector has seen an increase in mergers and acquisitions (M&A), leading to a need for integration of various, disparate applications and IT systems to ensure more efficient and customer-oriented operations.

As part of their growth strategy, these financial institutions merge with or acquire companies around the world, each with its own back-office systems. Organizations are always on the lookout for ways to optimize their IT systems in order to accelerate the incorporation of new acquisitions for integrating banking & financial transactional systems into the company’s ecosystem.