Mr$.$ Chandy, CEO of Aluva Cooperative Bank has convened a meeting for all the

CxOs to discuss the bank$$s IT Strategy Roadmap. At this meeting Mr$.$ Vijay Kumar,

the newly appointed CIO has announced his intention to embark on an Application

Modernization Program to update all the Bank$$s Legacy $($Non$-$Core$)$ Applications.

In this regard, Mr$.$ Vijay Kumar has stated that he intends to Outsource the

Development and ongoing Maintenance & Support of these Applications to a $3$

rd

party IT Partner. Mr$.$ Moideen, the COO of the company, is skeptical and asks if Mr$.$

Vijay Kumar has considered all the issues involved.

When Mr$.$ Chandy, asked him if he had specific concerns, Mr$.$ Moideen immediately

said "I see two issues that need detailed discussion... $(1)$ How will we ensure a

Smooth Transition and Implementation and $(2)$ How will we maintain

Confidentiality of Information?"

How will Mr$.$ Vijay Kumar respond to Mr$.$ Moideen$$s queries on$...$

a$.$ Smooth Transition and Implementation?

b$.$ Confidentiality of Information