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Viewing report
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Banking IT Mergers of Equals. Edition No. 1
VDM Publishing House, May 2009, Pages: 256
According to the statistics, mergers in general have
had a proven history of failures. Furthermore, as
supported by the literature, the major reasons of
failure are IT integration, cultural integration,
governance, and business process. There
is no structured process or methodology present for
managing mergers of equals from an IT perspective.
The reason for the absence of such a structured
systematic approach is that few companies go through
the process often enough to develop a pattern and
hence a systematic approach. This research is trying
to reduce the failure rate by managing the IT
variable as one of many variables in the merger
equation, by developing a systematic approach that
could be followed to reduce the failure rate. The
systematic approach is focused on the banking
industry, and mainly on mergers of equals among
other mergers, due to the large number and high
complexity of mergers within this focus area. The
systematic approach was developed based on the
background and focal literature, subject matter
experts in the field, and the researcher's own
insight being a process methodologist of IT in the
financial industry.
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