RBS continues IT transformation

RBS Bank continues to upgrade its IT infrastructure after the presentation of its multi-year modernization program for its technological platforms.

The modernization process, which will end in 2018, will include reducing the number of major banking systems used through a banking group from 50 to 10. The number of electronic payment systems will also be reduced from 80 to 10.

The bank also reported on infrastructure investments: RBS introduced the separation of batch processing systems, resulting in an increase in the continuous operation time of the systems.
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RBS had significant problems with the IT infrastructure, which in the summer of 2012 had an incident, resulting in a fine of £ 56 million imposed on the bank by the Inspectorate for the Control of Financial Organizations.

Last year it was reported that RBS will create a new IT infrastructure for William's & Glyn.