Alpha Bank had created an IT strategy focussed on implementing new core banking platforms and developing their digital capability. We were engaged to test their IT strategy approach, sequencing and viability of the workstreams detailed in the associated plan.
The approach was based on our tried and tested audit methodology. Following a rapid review of the current systems architecture and IT systems roadmap, we applied market intelligence to assess the plan against business and IT needs and identified a number of gaps and opportunities.
We then developed options to be presented back to the executive team.
We recommended a more ambitious timeframe be adopted to meet their requirements, and provided options for consideration, with associated benefits and risks.
We also recommended that they invested in programme management capability and 3rd party delivery services to successfully meet their objectives.
