Case Study: Central Bank achieves a single source of truth and IT modernization with MEGA International's HOPEX

$100B Central Bank undertakes application portfolio rationalization as part of modernization and resiliency initiative

A $100B Central Bank launched an application portfolio rationalization as part of a broader modernization and resiliency initiative to cope with rapidly increasing payment volumes and velocities. The Bank needed a clear view of its IT assets, a way to share system knowledge across business and IT stakeholders, and insight into where to focus modernization efforts to reduce risk and technical debt.

The Bank selected MEGA’s HOPEX IT Portfolio Management and HOPEX Platform with MEGA Services to create a single source of truth: MEGA imported technologies (via Technopedia), configured role‑based BI dashboards, built a modernization roadmap, trained power users, and helped establish KPIs and a Change Advisory Board. The program delivered an active, consolidated inventory and a solid understanding of applications, ownership and lifecycles, enabling data‑driven KPIs that uncovered redundant, out‑of‑support and shadow technologies, improved operational efficiency and information security, and strengthened overall resiliency and governance.