[LINK] > COMMONWEALTH Bank will spend $580 million over the next four years modernising its existing banking legacy systems.

[Marghanita da Cruz]

Given the discussions, on link about Government's approach to ICT, I wonder
whether CBA shareholders and customers should be satisfied or worried.

> Commonwealth Bank Core Banking Modernisation
> 28 April 2008
> 
> The Commonwealth Bank Group today announced that it is to undertake a comprehensive programme to modernise its existing banking legacy systems with a customer centric platform that enhances the way that the Group provides services to its customers and the way it does business.
<http://shareholders.commbank.com.au/group_display/0,1922,CH2071%255FTS18278,00.html>
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Marghanita da Cruz
http://www.ramin.com.au
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