ICI Consulting – Bank and Credit Union Core System Advisors
The ICI Approach
The ICI Process
Assessment >>ICI takes a holistic view to assessing the financial institution's operations at the executive and operational level. The ICI survey produces a comprehensive analysis on the institution's application and technology systems that identifies gaps, strengths, weaknesses. An actionable report on strategic recommendations is presented to management.
Evaluation >>ICI consultants analyze RFP (Request For Proposal) responses from vendors, compare product information gathered during many parallel evaluations and prepare executive level reports that summarize complex technical and financial data. The review focuses on software features and functionality that are most important to the financial institution and incorporates longer term strategic considerations related to selecting a true vendor partner for the bank or credit union.
Negotiation >>On behalf of its clients, ICI pursues cooperation with vendors on the principle that “you don't get what you deserve, you get what you negotiate”. In addition to price negotiations, ICI crafts Additional Terms and Conditions, Service Level Agreements and related Financial Penalties that are measurable and appropriate for the financial institution.
Results >>ICI is practiced at the business of delivering results for our clients. These results come in many forms – better pricing, advantageous contract terms and enhanced service level agreements to name a few. The results are often summarized that the financial institution secured a superior deal, and in turn, can serve its customers and members more efficiently.
How to Negotiate the Best Core Processing Agreement
March 10 & 12view webcast
EVP, Chief Operating Officer
“The Business Case and Total Cost of Ownership Report (TCO) that you drafted on our behalf assisted... »view testimonial
How to Slash Core Processing Costs
April 7 & 9view webcast