UBS integration with Credit Suisse 'bang on target' in test run: IT chief

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UBS integration with Credit Suisse 'bang on target' in test run: IT chief - Business Standard

Quick Summary:

UBS shares have gained nearly 56 per cent in value since the takeover of Credit Suisse was announced in March 2023.

Credit Suisse had around 3,000 applications, 100,000 servers and 16 data centres.

So far UBS has decommissioned roughly 560 applications, 13 petabytes of data, and 40,000 servers, Dargan said."We are pretty much on target for applications and ahead on servers," he said.