Financial Services
Following a takeover by investors, a German private bank undergoes a provider change for its payment transactions. However, the contract, including service specification and service levels, blocks the transaction. LKPU steps in to structure, consolidate, complete, and ensure the quality of the contract. After two months, successful negotiations result in the signing of the contract.
Financial Services
To support the B2B e-commerce operations of its parent company, a private bank introduced a “purchase on account” product. LKPU took charge of the project’s conception, implementation, and integration, including accounting, controlling, requirements management, selection and connection of payment service providers, decision engine parameterization and integration, connection with credit agencies and debt collection, and the setup of accounts receivable management. Additionally, LKPU handled the preparation of contracts between sister companies and service providers.
Financial Services
In the midst of an organizational reorganization at a global universal bank, the responsibility for FATCA is being redefined. To facilitate this transition, a comprehensive assessment of the implementation status and risks associated with the project is being conducted within a short timeframe.
Financial Services
Securities processing functions are outsourced to the asset management subsidiary of a leading German universal bank, headquartered in London.
Financial Services
A new core banking system is implemented and seamlessly integrated into the operations of the German online subsidiary of an international universal bank.
Financial Services
A German universal bank undertakes an optimization initiative to enhance the procurement and usage of market data.
Financial Services
A large German automotive bank undertakes an adaptation of credit processes to rectify interest calculation on returns. The project includes adjustments to the core banking system, reference interest rates, calculation algorithms, and interfaces. LKPU is responsible for project steering, technical analysis, and staffing key operational positions.
Financial Services
A German Landesbank initiates changes to inventory management systems for retail and wholesale businesses. The project also includes optimization of credit processes and the introduction of a new version of the financial mathematical software, Marzipan. LKPU assumes responsibility for project steering and requirements management, including coordination of legal advice and economic quality assurance.
Financial Services
Within the MiFID II/MiFIR implementation at a German Landesbank, LKPU takes responsibility for managing technical issues and the overall program from the program management office. This includes coordinating vendors, addressing technical concerns, and ensuring economic quality assurance.
Financial Services
Three European banks collaborate with the Federal Criminal Police Office (BKA) to establish an association dedicated to combating cyber crime. LKPU assumes project management responsibilities and successfully guides the foundation process to completion.
Financial Services
One of the largest European banks undergoes a simultaneous audit by the Bundesbank, BaFIN, ECB, and Bank of Italy. LKPU manages the BCM/ITSCM/DR project, encompassing technical conception, regulator communication, vendor management, and technical test support.