Oracle Core Replacement – Banking ITNews

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Suncorp’s technology troubles have snowballed after interim chief executive Steve Johnston refused to give a go-live date for its frozen $300 million Oracle core banking system replacement, admitting the institution was now at the mercy of other banks making it work first.

Now three years late, the troubled transactions and deposit platform, dubbed “Project Ignite” and based on Oracle Flexcube, was supposed to be up and running in 2016 to replace Suncorp’s ageing Hogan system


Source: Suncorp CEO bemoans frozen Oracle core replacement “hostage” scenario – Finance – Strategy – Software – iTnews

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