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Suncorp’s Oracle core finally junked, leaves $90m crater – Finance – Cloud – Software- Tempemail – Blog – Emails

Suncorp has finally junked the full rollout of its long-troubled Oracle core banking system replacement, with the beleaguered system leaving a $90 million crater on the bank’s books. The Queensland headquartered institution on Monday finally drew a financial line under the under-performing implementation, booking in a hefty impairment in an update to shareholders after struggling […]