Replacing a core is the largest discretionary risk most banks ever take. The decisions that determine the outcome are made early, usually before a vendor is selected, and usually by people who will not be there at cutover.
Where we work
We advise retail and commercial banks at every stage of that decision, on the books that make it consequential — mortgages, deposits and payments on the retail side; SME and business lending and transaction banking on the commercial side.
- Business case and options analysis, including the case for not replacing
- Vendor selection and contract negotiation
- Target operating model and data migration strategy
- Programme leadership through build, test and cutover
- Independent assurance for boards and regulators
What we bring
This practice is founder-led. Our founding partner has done this work from inside a bank — as the chief executive who built a licensed bank from scratch. That means the plan is built around what an operations team can absorb in a weekend, what a regulator will accept as evidence, and what a board will tolerate as contingency.