Mergers and Acquisitions IT Assessment

Mergers and Acquisitions (M&A) are now taking place more frequently between financial institutions and are bringing stability back to the overall banking industry. However, with information technology defined as a high-risk area in the M&A process, it is critical to have a quick, efficient and strategic consolidation process for your institution’s technology and infrastructure. By leveraging an outside technology specialist to properly organize this M&A complex process, your management team can focus on the big picture strategic initiatives for a seamless M&A transaction.

Since 1993, Safe Systems has been the leader in providing compliance-focused technology solutions exclusively to banks and credit unions. Working with over 500 institutions has provided us with the expertise necessary to assist your institution with the M&A process, by maximizing your existing technology and formulating a technology roadmap that best compliments your strategic business plan. Safe Systems delivers a comprehensive review of your institution and the acquired institution’s infrastructure, technology staff, current policies, procedures, and overall compliance posture. This is documented with a comprehensive roadmap outlining recommended changes for your proposed future growth plan. Safe Systems’ Mergers and Acquisition IT Assessment will ensure that your institution will properly address the technology, compliance and growth needs of the ever-changing banking industry.

Safe Systems’ Mergers and Acquisition IT Assessment provides the following services for both the acquiring institution and the acquired institution:

• Comprehensive evaluation of the network, IT operations, Information Security and enterprise-wide risk assessments
• Complete assessments of business continuity/disaster recovery, Business Impact Analysis (BIA), risk assessments and vendor management programs
• Detailed hardware/software inventory reporting to determine compatibility with existing and future updates/upgrades or releases
• Review of current contracts for WAN and data communications, network support and network security
• Interview of key IT operations personnel, recommendations for efficient staffing
• Detailed deliverable of implementation plan with recommended changes and potential infrastructure integration costs, and schematic to clearly depict the current and future configurations of all branch locations
• Develop a comprehensive implementation plan with a phased process for the acquiring institution

To find out more about our Mergers and Acquisitions IT Assessment, please contact Safe Systems at 877.752.0550 or info@safesystems.com.