Category Archives: Program delivery

Visualization – Transforming Core Banking Process Design

Starting with the end in mind. Easier said than done when considering a Core Banking Transformation (or any transformation for that matter). Sure there are high level goals set and generic statements made related to the desired outcome but normally there is no clear vision of what the transformed processes and systems will look or… Continue Reading

Agile Banking Transformation

I was reading the agile manifesto recently: We are uncovering better ways of developing software by doing it and helping others do it. Through this work we have come to value: Individuals and interactions over processes and tools Working software over comprehensive documentation Customer collaboration over contract negotiation Responding to change over following a plan… Continue Reading

Replacing “the Legacy” with “a Legacy”

I think a lot about the preparing banks for successful transformations. Normally these transformations revolve around the replacement of some or all of the bank’s existing systems; “the Legacy” systems. Often the focus of transformation programs is on a specific timeline, a specific business case, specific software, and a specific budget. Bank’s are quick to… Continue Reading

Building the Transformation Team – A Lesson in Patience

I have always believed that the majority of challenges that are faced on any banking transformation are always human capital related. Challenges arise, remain unresolved, or are resolved too slow, due to the selection of the wrong resource for a particular position, lack of adequate training, wrong training, mistiming of training, lack of proper direction for resources, or lack of motivation for resources. Continue Reading

It’s going to be risky, get over it!

There is risk inherent in every project. Bank transformation is no different and, when all things are considered, it could probably be considered a little more risky than your run of the mill enterprise project. Banks by nature are risk adverse. They have whole departments dedicated to the management of risk within their enterprise. Algorithms… Continue Reading

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