Launch of a direct bank

Dutch SME direct bank

Implementing the core banking system for the go-live of a new direct bank for the SME market in The Netherlands.

Challenge

Take over the management of the complex core banking stream of a critical programme aimed at installing a new direct bank for the SME market in The Netherlands
Short timelines given the scope, team size and status at the start of the assignment

Responsible for delivering functional specifications of products and functionality according to applicable internal and external requirements
Follow-up of system development, hosting setup, testing, acceptance and after care
Implementation of the product offering: current and savings accounts, term deposits, debit cards, credit cards, bank guarantee, loans and credit facilities
Implementation of functionality: account opening, (domestic) payments, Know Your Customer, Digipass, nostro reconciliation, BKR registration, derived identification, VIS/EVA check, Customer Due Diligence policy, AML policy, SMS alerts, Basle II data storage, treasury, funding, credit manual, internal and external reporting
Management and follow-up of diverse internal and external suppliers and stakeholders (e.g. Paysquare credit cards, Oberthur debit cards, Equens CSP, De Lage Landen credit scoring, hosting at Schuberg Philis, client identification by AMP)

Approximately 5 months after the start of the assignment, the bank went live successfully

Bank Deposits, Banking Operations Life Cycle Management, Business Development, Cards, Credits, Critical Projects and Crisis Situations, Finance - Accounting and Reporting, Financial Economic Crime, Legal and Regulatory Compliance, Operational Excellence, Payments, Systems & Data