Saying Good-bye to Legacy Systems

Groenfeldt, Tom
March 2008
Securities Industry News;3/3/2008, Vol. 20 Issue 9, p1
Trade Publication
The article focuses on initiatives of the IT team at Northern Trust Corp. in Chicago, Illinois to resolve overlapping and legacy computer systems. Aside from devoting 10% of its annual budget to shutting down old technology, the IT group works with business subject matter experts to pare down life-cycle candidates. According to Nirup Krishnamurthy, CTO of Northern Trust, these changes are supported by senior executives up to the CEO.


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