Summary Type of financial institution: Universal bank Headquarters: The Netherlands Branches: 23 Assets: €11 billion Project scope: Payments, savings Systemreplaced:Multiple applications Vendor/systeminstalled: Oracle FSS, Flexcube
Current functionality: SEPA Credit Transfers, SEPA Direct Debits, international payments, term deposits, corporate banking, mortgages Interfaces: A large number of internal and external systems Selection team: Bank plus some third-parties, includingMcKinsey Selection time: Two years Installation team: Bank and vendor Installation time: Six months for first phase Level of satisfaction: High