There have been some historic mergers struck in the last year or so. Just look at JPMorgan Chase-Bear Stearns, Bank of America-Countrywide, Bank of America-Merrill Lynch and Wells Fargo-Wachovia--not to mention the smaller deals. It's fair to say that technology integration will be one key to make these deals work long term. ZDNet suggests the integration at some banks will be eased by the adoption of a service oriented architecture. "The unions may go a lot more smoothly with less risk." At one level, this is SOA cheerleading, and a bit of rhetoric, but there will likely be specific migrations that will be made much simpler. Do you agree?
For more:
- here's the article [1]
Related Articles:
Merger news from FierceFinance [2]