May 2016 - Cost savings from core systems replacement come both from increasing the efficiency of business processes and from leaving systems that are costly to maintain. While most CIOs focus on the potential gains to be had from new core systems, it’s also important to realize the cost savings from decommissioning systems that have outlived their useful lifespan.

This brief offers a checklist of best practices for decommissioning core systems to help CIOs and their partners manage this process effectively.

The Checklist

• Write down the strategy and share it
• Assign ownership
• Communicate effectively
• Plan for retirement
• Dig deep to know your users and use cases
• Dig deeper to know what’s happening to the data
• Keep an eye on the contracts