Client: The second largest bank in Latin America

  • Create a new banking system architecture to match business requirements
  • Productivity enhanced to reduce the time-to-market of new product distribution
  • Efficiency enhancements based on appropriate information and workflows (STP) within each system
  • Flexibility to make changes to the business model
  • Reliable management information
  • GFT provided support through a combination of thorough banking knowledge and state-of-the-art technologies
  • Reliability improved regarding delivery time and quality
  • Definition of a new system development methodology
  • The project lasted 5 years and involved a three step approach:
    • Phase I: analysis of the current IT architecture
    • Phase II: Definition of requirements and migration planning
    • Phase III: Implementation
  • GFT defined the new architecture in three layers:
    • Access channels (ATM, call centre, internet, branches)
    • Middleware for multi-channel access
    • New core banking system (25 functional and 14 technical projects)
  • Successful reduction in operating costs

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