Macquarie moves SAP core banking to cloud.

M2 EQUITYBITES-May 23, 2022--Macquarie moves SAP core banking to cloud

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Global Banking News - 23 May 2022

Australian bank, Macquarie's (MCQG: ASX) banking and financial services (BFS) division, are moving their core banking system to the cloud.

The firm had earlier announced the completion of a two-year project to move its SAP-based core banking system to AWS. In 2020, the firm committed itself to move 100 percent of its IT infrastructure to the cloud by the end of 2022.

The...

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