Banking Projects on Track from Start to Finish

Your environment is complex. Your challenges change, sometimes daily, and multiple demands impact the direction and timelines of projects. EDGE understands what you are facing.

 “As a bank operations IT manager, I call on EDGE to help me solve real challenges, large and small. EDGE understands the business. From my client relations manager to the consultants, who walk on-site, they understand what I need, they ask questions that get to the heart of the problem, they deliver solutions, and they do all of that professionally and efficiently,” said one vice president at an EDGE client bank.

“Through several banks, I have utilized EDGE. I repeatedly draw on their expertise and experience because they are professionals who have been there and done that. They know projects and they know what needs to make them work.”

What does the EDGE difference mean for your project management?

• We understand the issues you face every day; we have been on your side of the desk.
• We understand banking systems, interfaces, and the funding and reporting processes that managers work with on each and every project.
• We have the advantage of knowing banking systems and experiencing how many other banks have addressed business requirements related to new products, functionality, regulatory policy, privacy, and other changes demanded to remain competitive.

EDGE works with banks, credit unions and financial service organizations in the delivery of many different kinds of projects, including in the areas of mergers and acquisitions, packaged software and compliance. A sampling of our work:

Mergers & Acquisitions:

• Delivered multiple M&A/integrations on a fixed-price, 16-week conversion timeline for a mid-size bank. The projects utilized from 14 to 25 resources, who were deployed on-site within 2-weeks of notification. Converted customer data included integrated Fidelity deposit and loans, in-house CIS, Safe Box Accounting, debit/credit cards, marketing mailings, and general ledger.
• Analyzed conversion time-line over an eight week period for a large bank and documented streamlined processes, resulting in capability to complete a data conversion of an acquired bank in 90 days.
• Provided 15 PM’s and BA’s on two separate bank conversions for a mid-size bank, staffing much of the core processing application needs on the projects. Both conversions were completed on time and within budget and were regarded by the bank as highly successful.

Packaged Software Projects:

• Turn-key upgrade on a fixed-price, 17-week timeline for Checkfree PEP+ and Safe Box Accounting (SBA) systems for large credit union using 1 BA and 2 technicians. Project delivered on-time and on-budget.
• Provided PM and BA expertise to a regional bank supporting a revenue enhancement project, which resulted in more than 1.5 million dollars per month increase in fee income.
• Completed initial implementation, conversion and integration of DDA, Mortgage, General Ledger and Customer Services systems. Application software was Fidelity IMPACS (IM), Real Estate (RE), Financial Management System (FMS) and Customer Service (CS).

Compliance:

• Supplied 23 resources to complete successful data scrub to mask customer identification information on test data files for Gramm-Leach-Bliley Act compliance.