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As ABAX Consulting has been active in the Financial Industry for many years, we are involved in different types of projects and more specifically we have had a large exposure to banking system migration projects. We are therefore quite familiar with the complexity of such projects. The present article will explore why in our view, acquiring a good understanding of your key bank processes is instrumental in making such projects a success. We also will describe a possible approach to achieve Process Improvement.
What are the drivers for replacing the legacy banking system?
When considering banking system migration projects, the first question that arises certainly is: “Why do many banks eventually face the obligation to replace their banking system?”...
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