C & P AG: often without sufficient business benefits without version change regular migrations however requires a comparison of migration cost and risk assessment Munich/Graz, March 11, 2009 – the international systems integrator focused on banking services C & P AG recommends credit institutions to give up releases for their software for cost reasons. Especially in the current economic situation in connection with the banking crisis, inexpensive strategies were required also in the field of IT. You would have to have the courage to make even long practiced habits on the test bench. This includes also the question of whether regular migrations of applications necessary after opinion of the C & P AG. Because they carried often primarily due to technological reasons, without however to bring about an appropriate increase of the business benefits, or to generate a higher economic efficiency. It is necessary that banks critically review the previous cycles of their version of Exchange and in their investment behaviour no longer so much of their suppliers can be controlled”, judge C & P Board Member Kurt Glabischnig. Normally, such an analysis leads to his experiences concludes that a waiver on individual releases is free of risks.

He even believes it is conceivable that two new versions be skipped without that have adverse consequences. Software vendors must actively support anyway always more releases”, the C & P Committee sees positive consequences tend to be first and foremost, because greater investment potential for business-IT measures to promote available would be through the substantial savings in the introduction of new versions of software. However, Glabischnig warns of flat-rate decisions. Such a step must be fused but by an accurate risk assessment and cost analysis”, he stressed. On the other hand he never sees the opportunity for a new orientation in the migration strategies on pure banking applications limited. Generally is standard software for the a wide variety of applications to check for one release each use effects such as a higher efficiency and process quality or there is a danger that the investment in technological progress becomes an end in itself.” The C & P Committee considers meaningful this possibility of cost savings not only for banks, but also companies other industries and institutions in public administration should actively discuss this topic in his opinion. About C & P AG: The C & P AG in Munich and Graz (Austria) offers highly qualified employees of consulting and development services for the IT and organisation sector by financial and other industries.