Conversion & Migration Support
Whether implementing a new Core Processing system, merging with another financial institution, or changing service providers, it’s critical to find an experienced partner you can trust.
Kenneth J. Sole & Associates, Inc. Consultants are the experts in Systems Conversions and Migrations.
We can bring organization and efficiency to an otherwise chaotic and risk-laden process. We are called on to present and implement our highly structured management process to complex initiatives. Our proven methodologies, management controls, and risk mitigation practices will eliminate operational issues and minimize adverse customer/member impact.
Core Conversion Methodology
The conversion of Core Processing systems is one of the most significant services Kenneth J. Sole & Associates, Inc., specializes in. Our team has successfully accomplished scores of Core Conversions for financial institutions, ranging in size from small community banks to multibillion dollar financial institutions. Through all of the years of experience gained from conducting such engagements, our firm has developed a precise Conversion Methodology that will be applied to your conversion effort.
“There is no such thing as a painless conversion; however, our formal conversion management framework will virtually eliminate the issues.”
– Kenneth J. Sole
Conversion & Migration Support Services:
- Project Management Structure:
- Executive Steering Committee
- Project Sponsor (Bank)
- Project Manager(s)
- Vendor Management/Representation
- Conversion Management Delivery Team
- Formal Tracking and Control
- Industry-Standard Methodologies
- Over twenty distinct Project Activity Components
- Day Two Activities:
- Process/Procedures Formalization
- Process Performance Review
- Other new System Implementations