BankSys Consulting Group
Serving the global financial community
Abandon the RFP process.
The outdated RFP model is not the only way forward...
A traditional RFP has a number of shortcomings:
- Requires the Development of a Comprehensive Request for Proposal
- It's difficult to incorporate all requirements into the RFP
- Vendors interpret RFP requirements to their advantage
- Scoring of vendor responses is difficult and subjective
- It is difficult to precisely identify and define gaps
- Vendors' responses to the RFP will not be contractually binding
Save 50% of the time and money normally spent during selection and dramatically improve the quality of your decision by incorporating the "Proof of Concept" methodology .
Significant benefits of the Proof of Concept methodology include:
- It is an efficient process that saves time and money
- Produces a better quality result
- Gap analysis is more complete and accurate
- Eliminates vendor interpretation of requirements
- Mitigates implementation risk
- Excellent for small, medium and large software selections
What are the benefits of working with Banksys?
- Knowledge of software offerings
- Knowledge of banking products
- Assessment of technical platforms
- Vendor liaison and mediator
- Advises on required organization change
- Facilitation skills
- Understands implementation complexity
- Understands contract issues
Specialized SWAT Teams for unique requirements
Top guns for tough jobs
BankSys Consulting Group has developed a ‘SWAT Team’ approach to addressing unique applications systems implementation questions. For example we have teams of experts who can address the unique characteristics of Globus/T24 implementations and provide assistance in resolving issues related to end-of-day processing, general ledger interfaces, customer relationship management and relationship pricing. Additional teams are prepared to work with clients in other application areas.
Proof of Concept
Save time, Save money???and get Better Results
The traditional method of system selection based on a detailed RFP process is flawed. It takes too long and the results are often suboptimal.
BankSys has introduced a new ?User Driven? methodology based on ?Proof of Concept?, which dramatically reduces the evaluation cycle, saves money and has demonstrated a much improved alignment between user requirements and system functionality.
Relationship Management
Enabling earnings growth through customer centricity
Is it enough to just have a single customer view? Banking customers expect more...
Risk Management
Nuts & Bolts
Risk management involves more than simply complying with the Basel II accord. Find out how BankSys can help you assess the many facets of risk in your organization..
Six Sigma
in financial services
Six Sigma methodologies are based on hard science and have a long history in management going back to W. Edward Deming