By Icon Solutions ·
Overview
Why Icon?
Our approach
The Payments Technology Strategy encompassed three distinct deliverables:
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'Why': Context and Drivers
'What': Target Architecture and Guardrails
'How': Architecture Roadmap
Icon also conducted many interviews with experts and stakeholders from across the bank in order to ensure both fully complete and holistic deliverables.
Solutions and benefits
Some of the key outcomes from this engagement included:
- Defined a target architecture, that enhanced the ability to react to industry changes whilst leveraging
both legacy and cloud-based platforms in a hybrid model. - Defined the trajectory of the payments application portfolio using a Buy/Hold/Sell analysis, including recommendations for a migration to the ISO 20022 data standard.
- Produced a five year roadmap, with coherent transition states aligned to business and industry drivers.
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Presented a summary of the key messages to an executive audience from across the organisation, outlining key actions the bank needed to take to deliver the payments architecture to realise it's business strategy.
Our unique contribution
Icon have successfully delivered similar projects for other banks, and were therefore in an ideal position to provide subject matter expertise to the bank. Icon provided a bespoke roadmap tailored to the banks individual needs, expediting their payments transformation journey.
