Project Management

See below for a list of independently written IBS Journal news and feature articles and IBS Intelligence Research vendor profiles, case studies and market analysis related to Financial Technology Project Management in order of publication date.

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Article: People's Bank in South Sudan kicks off Autobanker II deployment

08 April 2013

People's Bank in South Sudan has kicked off its implementation of Autobanker II from Pakistan-based vendor, Autosoft Dynamics. The start-up has become the vendor's fourth core banking client in the country. Go-live is scheduled for early May this...

Article: Case study: Finca – Flexible finc-ing

04 April 2013

International microfinance organisation, Finca, is well underway with its roll-out of Oracle FSS's Flexcube across its 21-country organisation. CIO at Finca, Braulio Oliveira, talks to IBS about the trials and tribulations of the project so far.

Article: Interview: Curtis Stange, ATB Financial

01 February 2013

ATB Financial in Canada has had a fraught few years implementing the SAP for Banking suite. The project, initiated in spring 2008, experienced delays and budget swelling, but is now complete and the bank is benefiting from the IT transformation in...

Article: How To Run A Core Banking Project Supplement 2013

30 January 2013

A lot has been written on a wide range of aspects of running a core banking project and these subjects have been discussed at length more than once at various banking technology events, and yet the projects still fail, costing all participants time,...

Article: Spotlight: Training – Train to gain

30 January 2013

Selecting the right training approach for a core banking implementation is a significant and challenging dimension for any project. For Ratnakar Bank, the importance of training was magnified due to the cultural diversity and vast geography of its...

Article: No magic, no waves, no hype, just facts

17 January 2013

The internet is a wonderful thing. It has transformed the research landscape forever and opened up the highly specialised financial technology and core banking market to a tidal wave of content. But if you are using data that is biased and/or...

Article: Community Bank claims progress with Jack Henry

13 December 2012

Since the deployment of Jack Henry's flagship Silverlake core banking system in 2010, New York-based Community Bank has 'not missed a beat'. It has recently acquired branches from HSBC and First Niagara, gone live with a new cheque clearing system,...

Article: Interview: Tony Prestedge, Nationwide Building Society

03 December 2012

The world's largest building society, Nationwide, has had a fraught few years implementing its new core banking system but it now looks ready to reap the benefits, which could in turn put pressure on its UK competitors. IBS talks to the society's...

Article: IT budgets

06 November 2012

This section provides the results (summary tables and data sets) to the following questions posed to respondents:How has your IT budget changed over the past 5 years?How has your IT budget changed over the past 2...

Article: Previous implementations

06 November 2012

This section provides the results (summary tables and data sets) to what have been the main challenges of respondents previous implementations from the list below:Customisation - Integration - In-house expertise - Support from the...

Article: Banking System Selection: Factors To Consider

02 October 2012

Too often system selection is based on simplistic directives – 'I want a new system which does X, and I don't want to pay a fortune for it!' If the focus of the selection is purely on replicating existing functionality and the cost of the initial ...

Article: Banking System Selection: Lessons From Actual Banking Systems Projects

02 October 2012

On an ongoing basis, IBS follows the progress of banks implementing new back office systems. We ask about the drivers for their projects, how they went about selecting the system chosen, the implementation project, the lessons, what they would...

Article: Banking System Selection: The Selection Team

02 October 2012

The size and composition of the selection team will depend on the size of the bank and the scope of the project. The important thing is to ensure that all parties that will be impacted by the new system will be given the opportunity to have...

Article: Banking System Selection: The Four-Phase Approach

02 October 2012

Selection itself is an investment in time and money; it also involves the engagement of vendors and partners, and a poorly-defined project can hinder the development of important relationships. The classic selection process consists of four...

Article: Banking System Implementation: Planning, Risks and Tips

02 October 2012

A good starting point is to identify the risks that were identified during the selection process. Indeed, a lot of knowledge and groundwork should have been completed and the more those involved in the selection can be moved seamlessly into the...

Article: Banking System Implementation: Planning – The People Aspects

02 October 2012

So, the selection has been completed, now onto the implementation. This point is a good moment to take stock and analyse the changing challenges which will now arise. Before starting out, there is also the question of who is most appropriate as...

Article: Banking System Implementation: Business Ownership, Buy-In and Communication

02 October 2012

Core banking system projects fail most often because of people issues rather than technical ones. For the project manager, it is of vital importance to gain early and sustained buy-in from senior management down to end-users, plus all other...

Article: Banking System Implementation: The Key Role of the Business Process Workstream

02 October 2012

The Business Process Workstream is an important but sometimes neglected one. It needs to be set up at the start of the project and needs to receive full attention and adequate staffing. It faces some fundamental challenges and the results of...

Article: FREE PREVIEW - Banking System Implementation: Training

02 October 2012

A core banking system replacement project is similar to an orchestra, in that all workstreams must work together and deliver to specification for the project to be successful. If training is ineffective, staff can experience problems post go-live,...

Article: Banking System Implementation: MI and Regulatory Reports

02 October 2012

Prior to starting a core banking system replacement project, a bank will have a comprehensive set of MI reports which support day-to-day operations and meet all regulatory returns. It would therefore appear that the role of the MI reports...

Article: Banking System Implementation: Data Cleansing and Migration

02 October 2012

Data migration, cleansing and enrichment is a core seam running through any core system replacement project, but it is difficult to get right and can have embarrassing consequences if it goes wrong. When talking to banks post-implementation, it is...

Article: Banking System Implementation: Managing Testing in a Core Banking System Replacement Project

02 October 2012

Testing is another area that can be underestimated and that, fundamentally, banks often get wrong. It has many dimensions to it, spanning both processes and technology. And as with quite a number of other project workstreams, testing is hindered by...

Article: Banking System Selection: Contract Negotiations

02 October 2012

The contract should have its roots in the original business case, should evolve during the selection, and should encapsulate the detail of the implementation and its associated risks. It should then not gather dust but should remain as a relevant...

Article: About the How To Select & Implement A Universal Banking System Guide, plus FREE preview

02 October 2012

This new guide offers in-depth and unbiased advice on how to plan for a successful system selection and implementation - anticipating issues, exploring potential barriers, and highlighting proven best practice along the way.

Article: Successful project management: Data migration

01 October 2012

In the latest instalment of our in-depth analysis of core system replacement project issues (following on from examining

Article: Successful project management: Testing

03 September 2012

In the fourth of our in-depth looks at core system replacement project issues (following on from our analysis of

Article: Indusind Bank pioneers cloud-based training for Finacle roll-out

22 August 2012

Indusind Bank is close to completing the latest major portion of its bank-wide transformation with the implementation of Infosys' Finacle core banking system. To handle the training challenge related to this, it has adopted a third-party tool from...

Article: Successful project management: Training

04 July 2012

A core banking system replacement project is similar to an orchestra, in that all workstreams must work together, and deliver to specification, for the project to be successful. If training is ineffective, staff can experience problems post...

Article: Successful project management: The key role of the business process workstream

01 June 2012

In the second of our in-depth looks at core system replacement project issues (following on from last month's consideration of how to handle

Article: Successful project management: Business ownership, buy-in and communication

03 May 2012

Over the next few editions of the IBS Journal, we will look in detail at a range of topics that have a crucial influence on the success or failure of major banking system projects. They will draw on the extensive experience of the authors, Eddie...

Article: Project Management: People, processes and pitfalls

01 December 2004

What are the vital ingredients when embarking on a systems project? Processes are important, people even more so.