Will Great-West Life's IT gamble pav off?

摘要

The two organizations creating Canada's largest insurance firm face enormous risks integrating their IT platforms, according to experts who follow the financial services industry. Last month, Great-West Lifeco. Inc. said it would acquire Canada Life Financial Corp. for $7.3 billion. Canada Life's board of directors has recommended shareholders vote in favour of the offer, which would bring the company under a conglomerate that also includes London Life. Canada Life had previously been targeted for takeover by Manulife Financial Corp.