Core Replacements, Mergers, Conversions And More!

Our Team Lets Your Organization Take Advantage Of Transformational Opportunities While Minimizing Cost And Risk.

Conversion Services / Strategy

For a core replacement to be successful it must be perfectly managed and seamlessly integrated with your existing systems. Core transformation initiatives often involve replacing more than just the traditional core account processing platform and extend to include the full suite of business applications used to provide the fully integrated end-to-end services your customers expect.

Why Smith Consulting Group?

We Have A Decade Worth Of Experience Guiding And Assisting Banks With Core Banking Transformations. We Pride Ourselves On Our Ability To Deliver Results At Every Step Of The Process, From Strategy/Planning To Management Of Programs And Projects Required. We Also Pride Ourselves On Our Prices.

Simply Put, We Get The Job Done Better For Less

Conversion Strategy

The journey through a successful core banking transformation starts with clearly identifying the goals and objectives for the project. Risks, critical milestones, and deliverables are identified followed by putting a risk management framework in place along with a system to track and evaluate progress. Lastly, a program structure is implemented to represent business, IT and vendor stakeholders and their responsibilities for ensuring the success of the project. This process can happen before, during, or after the core applications vendor selection process.

Conversion Services

While there are significant risks and challenges in converting data, this is often the easiest part of any conversion. A well planned and well executed data conversion takes into consideration the many factors that can affect the successful outcome, from data mapping details to testing and business process changes.

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