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Software Quality Rbs Case Study

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Introduction

The use of software solutions to support business-critical processes has a decisive influence on the commercial success of the banks. At present, they are faced with the challenge of selecting optimal solutions to fit their particular needs, and implementing them. Information technology is indisputably crucial to the activities of financial service providers. A considerable proportion of funds should be spent on core banking systems, which provide indispensable support for bank-specific business processes. For some years now, banking software has been the source of lively debate. The advanced age of many business-critical systems, as well as their rigidity and complexity, have proven to be a burden to banks. Concern exists that they might no longer be able to meet the demands of today’s market. The triggers of this concern have been software systems that have been in use for a number of years and have been further developed over the course of time; in many instances they have been linked up – as effectively as possible – to bolt-on applications. Many core banking systems have grown up over the years that are lacking in the necessary flexibility, which has been compensated by workarounds.

The technical problems that affected RBS Group has caused the banks to rethink their IT strategy. The transformation of the software environment is not merely giving banks the flexibility and agility they need. The use of appropriate applications also constitutes an effective means of reducing costs, optimizing processes and increasing transparency, and facilitates the further development and operation of the application. The appropriate use of applications enhances business potential, and comply with software requirements, demonstrating the vigor with which banks are modernizing their business-critical core systems at the present time. One of the most important

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