Case Study
Helping an issuer within the RFP process for the co-branding credit portfolio
A European bank/Issuer was in the process of responding to an RFP for the co-branding credit portfolio, with the intention of securing this portfolio and migrating it.
At A Glance
25% saved
delivered project under budget despite two extensions
The Story
The complexities of a Request for Proposal (RFP) process for a card portfolio can vary, but a structured RFP is essential for effective evaluation and comparison.
The LKPU team supported a European bank with a very structured approach and best practices based on previous RFX processes. Our team supported the RFP process at program management level and PMO and provided following services:
- Design and implementation of requirements and detailed roadmap
- Overall steering of the program
- Alignments with all relevant parties in order to ensure that required plans and actions are delivered according to the overall plan
- Preparation of all steering committees including decision memos
- Monitoring and tracking of desired outcomes, risks and issues
- Preparation of quarterly business review