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Successful Implementation and Integration of New Core Banking System for German Online Subsidiary
A new core banking system is implemented and seamlessly integrated into the operations of the German online subsidiary of an international universal bank.
At A Glance
Finance and tax parameterization and requirements management
IT integration with SAP
Test coordination and support during implementation (using HPQC)
Conception and implementation of organizational and process-related changes
Adaptation of bank-wide reporting
Coordination of onshore and offshore development team for finance and tax
The Story
To enhance operational efficiency and support growth, the German online subsidiary of an international universal bank embarked on the implementation of a new core banking system. LKPU was engaged to oversee the implementation process and ensure seamless integration.
- Configured and customized the core banking system to align with the finance and tax requirements of the German online subsidiary.
- Managed the documentation and validation of finance and tax-related requirements, ensuring compliance and smooth integration.
- Ensured seamless integration between the new core banking system and SAP, the bank’s enterprise resource planning system.
- Oversaw data mapping, interfaces, and connectivity between the systems to enable efficient data exchange.
- Coordinated and supported testing activities during the implementation phase, utilizing HP Quality Center (HPQC) for effective test management.
- Ensured proper test coverage, defect management, and resolution for a successful implementation.
- Designed and implemented necessary changes to organizational structures, roles, and processes to align with the new core banking system.
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