BankOnIT Insights

How Much Will the Microsoft Change Cost Your Bank?

Written by Banking Expert | May 21, 2018 1:00:00 PM

Here are tips to make it easier.

How will you replace every PC, laptop and computer in your bank that runs Windows 7? More importantly, how long will it take, and how much will it cost?

Microsoft announced that effective January of 2020, they are ending support for Windows 7, meaning your bank will need to upgrade every Windows 7 device to a machine that runs Windows 10. With new security threats occurring daily and regulatory agencies requiring banks to only use supported systems, this upgrade is not optional.

Do you have a plan? Here are some things to consider.

Start TODAY: Ever drive in rush hour traffic in a big city? No one gets anywhere fast. Availability of PCs and technical talent will be in short supply the closer you get to January 2020. Your bank should already have a plan in place to replace Windows 7 devices, and if not you need to start today.

Planning: How many machines do you have running Windows 7 and at how many branches? If you are relying on internal IT staff to get the job done, remember they still have to do all the usual work to keep your bank operating and secure and find time to install new Windows 10 machines. If you are using an outside firm it’s best to schedule early and check availability.

Compatibility: Do you know which vendor applications you’re running that are compatible with Windows 10 and which ones are not? You’ll want to know as well, prior to moving your employees to the new Windows 10 machines and finding out your employees can’t help your customers because of incompatibilities.

Budgeting: How much will the hourly support and project management fees cost you to accomplish this move? Will your vendor or IT staff be able to provide the project management, setup and installation of the machines for a minimal cost?

With a change this significant, it’s important to have the right technical expertise. BankOnIT started creating project plans in 2017 for client banks, allowing clients to be prepared and ready for the Windows 10 upgrade. With BankOnIT’s Bankers Private Cloud®, projects such as the move to Windows 10 come with expert project managers – for no additional fees. Because BankOnIT works with hundreds of different vendors and software applications every day, we also know what will and won’t be compatible with your bank’s systems. Your own, dedicated project manager will design an implementation timeline and be proactive in communicating your next steps.

If you want to take the guesswork and uncertainty out of your technology projects, hire BankOnIT. You’ll make IT easier and get better results. Contact BankOnIT at 800-498-8877, option 2, or Solutions@BankOnITUSA.com.