Large technology initiatives have an extremely high failure rate when not properly planned for. The tendency for banks to move from signing a contract with a vendor to execution without a discovery phase is a significant contributor to that high failure rate. Aligning project teams to business outcomes and establishing governance processes up front is critical. When it comes to the dilemma that banks face- balancing scope, time, quality, and cost–developing consensus on the top priority amongst those is critical. At Go-Live Faster we encourage banks to select the most important priority of the four- scope, time, quality or cost and then require the remaining constraints to revolve around the decision made.
At Go-Live Faster we work with bank executives to translate business outcomes to project goals. We then help you assess your planning readiness to understand your risks, their impacts, and mitigations prior to project kickoff. Right sizing effort and identifying internal bank champions is a critical part of this process. Identifying skill gaps and harmonizing bank approach with vendors is also an important part of the Go-Live Faster process. Our independent unbiased approach to this Discovery process is key to building a roadmap to bank success.
Our proprietary accelerators for Discovery include our repository of 500+ commercial banking risk and success factors. These risk and success factors help us assess Bank planning readiness upfront across product, operations, IT, QA, migration, and project management teams. The Go-Live Faster planning readiness report helps executives understand the state of a project prior to kick off and lays out a roadmap for the project.
Go-Live Faster has the ability to benchmark your commercial banking project at the discovery phase to other similar projects and predict failures up front.
Go-Live Faster teams for the Discovery phase consist of principal consultants to more than 15 years of commercial banking project experience across treasury management, payments, lending, and card lines of business.
All of these repositories are developed at the product level and can be extended to any commercial off-the-shelf application.
Go-Live Faster maintains defect repositories across the applications it supports. For each release, we have the ability to correlate past defects to the latest releases and help design intelligent testing processes.
Go-Live Faster release support teams consist of subject matter experts, manual QAs, test leads and test automation engineers across treasury management, payments, lending and, card applications.
ZenCX Conversion Solutions provides your financial institution with the most advanced suite of capabilities ensuring you’re your customers experience is optimized throughout any meaningful change events such as on-line banking re-platforms or major upgrades meeting your objectives including:
Our flagship ‘Readiness’ solutions combine our proprietary frameworks, predictive analytics and our expertise to identify and eliminate catastrophic failures before they occur. A single metric at every stage of your digital implementation strategy helps keep you on schedule, reducing time to revenue by as much as 50%.