Managing the implementation of banking systems for repeatable success

The successful implementation of core banking systems is dependent on more than the comprehensive definition of the current and future business and technical requirements. Each implementation requires detailed planning and accurate delivery, coupled with a focus on meeting all project objectives in the most efficient manner, to the benefit of both the client and the implementation partner. The current research is primarily concerned with the identification of those necessary strategies, processes, tools, methods and other devices which contribute towards repeatable success in the implementation of core banking systems. The outcome of this research is seen to be an improved approach towards the project management of banking system implementation projects, based upon the lessons learnt in performing the implementation of banking systems across a number of platforms and clients. The product development and project implementation process of an innovative product in certain case studies e.g. the bank environment will be discussed.