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Next Generation Data Centers in Financial Services by Tony Bishop

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Chapter 2. Challenges in legacy architecture
“But O the truth, the truth. The many eyes that look on it! The diverse things they see.”
—George Meredith, English novelist & poet (1828–1909)
Key Points
IT and the business are not aligned in their goals. Because partnerships are strained and common ground for communication can be broken, one of the most important and expansive enterprise investments, the datacenter, impedes growth, has runaway unpredictable costs, and does not support business agility.
The past decade has witnessed unprecedented growth in Financial Services IT due to the Y2K, Internet, new regulations in light of dotcom scandals, new antiterrorism measures, and rapidly growing global and mortgage securities markets. IT has been ...

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