Bank Formation

Foundation of a bank

  1. Analysis of the necessary requirements for the bank set up
    • creation of the legal requirements (banking licence, taxes)
    • support at the communication with the public authorities
    • analysis of the essential 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. Evaluation and selection of a bank system
    • selection of potential targetsystems
    • reviewing of the target systems in cooparation with the business units
    • creation of the complete score and the decissions documents
  3. Set up of the new bank
    • support at the communication with the public authorities (state supervision of banking, taxing authority)
    • 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 (vendor)
    • testing the new software incl. interfaces
    • day one management

Additional information