SA banks on the ERP edge
South African banks are looking to replace their expensive legacy platforms with newer architectures and packaged software. Standard Bank and Absa are first out the gates.
02 October 2006
Just ten years ago, most bankers would`ve laughed at the suggestion that they replace their custom-developed systems with packaged software from enterprise resource planning (ERP) vendors such as SAP and Oracle. How quickly times change.
Two of SA`s big four, Standard Bank and Absa, have turned to SAP for packaged software as an important part of their technology strategies for the future. Both banks are putting themselves right on the cutting edge of banking technology with their SAP implementations.
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