The Bank formation process includes the following steps:

1) Analysis of the special requirements for the bank set up

  • establishment of the legal requirements (banking licence, taxes)
  • support at the contact with public authorities
  • analysis of the necessary collaboration-models (processes) within the new bank
  • interviews with all involved business units concerning the functional requirements of a IT-banksystem
  • creation of a requirement catalogue with a benchmark of importance

2) Assessment and choosing of a bank system

  • establishment of the complete score and the decisions documents
  • reviewing of the target systems in cooperation with the business units
  • choosingthe potential target systems

3) Set up of the new bank

  • support at the contact with public authorities (taxing authorities etc.)
  • definition, documentation and set up of the collaboration model (processes)
  • implementation of the IT-system
  • creation of the essential data (customer data, business data, etc.)
  • definition, development, and implementation of interfaces
  • training of employees
  • testing the new software incl. interfaces
  • day one management
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