FinTech DS+C project management services focus on four deliverables:
Core Selection and Implementation: Completing a core conversion in a financial institution is much like changing a jet’s engine while in flight. Business must go on yet a core conversion is a major project impacting all areas of the institution. With over 55 core conversions completed, we have the expertise to lighten the load on your staff and ensure a greater degree of success while typically providing savings and efficiencies, too.
Profit Systems: Whether you are selecting a profit system, interested in a reset or simply have never achieved the intended goals, we have the expertise to help. Member contribution is a key value for segmentation and action. We’ve installed Profit Stars, FIS RPS, Fiserv RPM, Profitability Analysis for DNA, and MPC. We can advise and create methods for risk weights, capital costs, and ALLL to CECL.
Business Intelligence Platform: BI should be integrated into the day-to-day operations of the financial institution. We will help drive the journey from collect to cleanse to compute to consume. There are several feedback loops along the way and the need to leverage external data and use advanced analytics will result in a competitive advantage and improved ROI. We have installed BI platforms at over 80 financial institutions – help us get to 100! These institutions include community banks and credit unions and some of the nation’s largest regional banks. The tips, short-cuts, actionable reports, best practices, opportunities and prescriptive action lists will deliver immediate benefits.
Score Cards to Incentive Programs: Based on your culture, tracking the human, branch and call center impact is important when assessing the success of actions. It may be that you have star performers who can share the secrets of their success and improve the performance of the team using learning organization. FinTechDS+C can advise on best practices based on a collection of score cards and incentive programs for the different lines of business. We will help avoid pitfalls and game-theory in the roll-out and administration.
Collaboration – Having collected key metrics and developed best practices from many financial institutions, we can provide immediate benefits for our clients. We are also working on a peer comparison product from anonymized data from many credit unions.
Contact us today to get started.