Business Need

A medium-sized credit union had started the process of developing and launching a new commercial division of their organization. Key to the success of the launch was the implementation of a core processing system and the related ancillary and Fintech products. The implementation and launch of this technology was a key success factor in the launch of the new Commercial division. This effort was constrained by a tight timeline as well as public scrutiny, as it was a widely announced initiative involving a high visibility communication organization as their first major Commercial banking client.

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Services Provided

Project Management – Core Catalysts provided two highly skilled project managers responsible for the implementation of the core process system and ancillary products. These individuals brought decades of implementation and conversion experience to the client.

Core Processing Expertise – Core Catalysts was able to provide a senior consultant who had implementation and/or converted 100’s of core processing banking systems. The individual possessed knowledge not only associated with the information technology to be implemented but with the business processes associated with the infrastructure. This provided the client with a level of knowledge and expertise not commonly found within the industry.

Ancillary Product / Fintech Expertise – Core Catalysts was also able to provide a project management consultant with considerable background and knowledge in the implementation of banking products and services associated with commercial division banking.

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Value Provided

Through the deployment of two highly skilled project management consultants, Core Catalysts was able to support the client’s deployment of their Commercial division ahead of schedule. The core processing system and its ancillary Fintech products were fully integrated and deployed in a total of eight months which is a highly compressed timeline.