Bank spends $221m on computer merger

TOM PULLAR-STRECKER
Last updated 05:00 17/10/2012

Relevant offers

Industries

Kiwi dollar drops following latest labour market figures Unemployment stays up at 5.8 per cent Talent pool shrinking in Christchurch James Cameron's eye on the C-prize - improving drone technology for film More Stockton Mine job cuts expected Climate Justice change position on Maui gas field consent Forman Insulation job losses in Taranaki Auckland University one of 70 affected by faulty Fletcher Building concrete Whitcoulls looks to reconfigure stores, but no new boss yet Apple keeps Buckley Systems busy

ANZ and National Bank's merger will come to a head the weekend after next when ANZ will move 2.6 million customer accounts on to the Systematics computer system that it inherited from its 2003 takeover of National Bank.

Spokesman Stefan Herrick said the bank had spent $221 million on the technology merger, which has provided work for 200 contractors in the past two years and paved the way for the scrapping of the National Bank brand, announced last month.

Chief operating officer Craig Sims said some of the bank's services, including its ATMs and eftpos, would be available as usual over the weekend of October 27-28, but there would be disruption to internet and phone banking and many branch services on Saturday and part of Sunday.

"We are working hard to ensure services are offline for as little time as possible. However, we are asking customers who usually bank with us on weekends to do their banking before October 27 and 28," he said.

ANZ will keep extra branches open over the weekend and call-centre staff will be available around the clock.

Ad Feedback

- BusinessDay.co.nz

Comments

Special offers

Featured Promotions

Sponsored Content