Successfully transforming a bank: A real life case

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Ulvi Mansurov, CEO, Bank Technique, Azerbaijan

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Successfully transforming a bank: A real life case

  1. 1. Successfully  transforming  a  bank:  A  real  life  case  Kyiv,  June  2013  
  2. 2. Bank  Technique  OJSC  •  Established  –  1993  •  Employees  –  750  •  Branches  –  32  •  Service  outlets  –  6  •  Number  of  customers  –  120,000  •  Assets  –  USD  562  million  •  Equity  –  USD  83  million  •  Loan  porIolio  –  USD  339  million  •  Deposits  –  USD  241  million  •  Exposure  to  the  upside  of  insurance  and  brokerage  via  subsidiaries  •  Rated  both  by  Fitch  and  Moody’s  Highlights  (December  2012)   Market  share  (December  2012)  Bank  Technique  3%  IBA  33%  Kapital  Bank  18%  Unibank  3%  Other  38%  Xalg  Bank  5%  
  3. 3. Bank  Technique  OJSC  Reasons  to  change  core  system  ü  Need  in  more  sophisNcated  and  mulN-­‐funcNonalized  system  ü  Need  to  meet  a  demand  of  the  Nme  ü  Need  in  development  Problems  faced  previously  ü  Narrowness  of  the  current  system  ü  Poor  funcNonality  ü  IncompaNbility  with  the  bank’s  strategy  Preliminary  Business  Requirements  ü  MulN-­‐funcNonality  ü  Strong  internal  control  system  ü  Flexibility  
  4. 4. Bank  Technique  OJSC  Scope  of  ImplementaWon  ü  Full  migraNon  from  previous  system  to  Flexcube  ü  IntegraNon  with  the  related  systems  (SWIFT,  etc.)  ü  ParameterizaNon,  CustomizaNon  &  TesNng    Project  Details  ü  ImplementaNon  &  Training  teams  ü  ‘GO  Live’  date  for  the  bank  was  01-­‐JAN-­‐2013  ü  EGAR  as  an  implementaNon  company  ü  350-­‐400  concurrent  users  ü  Support  from  Oracle’s  Bangalore  office  ü  30K  loan  contract,  20K  deposit  contracts,  120K  customer  accounts  
  5. 5. Thank  you  !  

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