SAP and Accenture linked to CBA legacy overhaul

CBA is engaged in talks with furthest enterprise software supplier SAP and systems integrator Accenture in a potentially "landmark upgrade" of its core transaction banking systems The Australian reported. The newspaper estimated the budget for the plan, which is yet to secure the green light, at in the order of $1 billion.

The newspaper reported that ANZ and National Australia banks were also examining similar "transformation" projects and with budgets of a similar order.