Core Conversion

ICI Consulting is well known for recognizing the opportunities that will make your implementation not only a smooth streamlined event but also one that shows return on your investment.

Client challenges
Solutions Benefits
Our Experience

Client challenges

Selecting the appropriate core processing solution is only part of the challenge. Implementing the solution and maximizing the technology’s effectiveness is perhaps the most important step. Banks and credit unions need to get the most out of their investments. After working with hundreds of financial institutions, ICI Consulting realizes that all clients have unique requirements that demand a  custom strategy. Whether you have been through a core conversation implementation or not, you need a strong integration partner that will see the challenges in advance and know the workarounds to getting the system up and running in a timely manner. You also need a partner that will share best practices around project and disaster recovery plans, user training, documentation live installation and the post conversion issues list.

Solutions Benefits

With ICI acting in the role of mentor, advisor and best practice provider, you are ensured that all aspects of the conversion are more than adequately covered. We take the guesswork out of implementing new solutions and are your dedicated contact throughout the conversion. ICI Consulting’s value comes from our ability to offer advice from a broader perspective. It also comes from our organized proprietary process. Our consultants provide knowledge and understanding to a core conversion or implementation engagement that is practical, realistic, easily understood by all parties (client and vendor) and, most importantly, executable. ICI will also identify areas where integration between systems may be improved in order to maintain that the conversion is focused on Customer or Member Service Excellence initiatives. Having conducted hundreds of successful implementations across America, keeping the overall business goals of the core conversion top of mind is ICI Consulting’s main objective.

Our Experience

“We have enjoyed the relationship we have built with ICI both during our Core Outsourcing study and Ancillary Systems evaluations and conversions. I am sure there will be future projects for which we will need your assistance.” Sherri Marstiller Senior Vice President and COO, Citizens Bank
Here are just a few examples of Conversion and Implementation engagements that ICI Consulting has delivered:
  • Indiana Bank ($500 Million): Core Processing ROI (In-House vs. Outsourcing) Vendor Evaluation, Contract Negotiation and Conversion
  • Northwest Bank Holding Company ($3 Billion): Core and Check Processing Conversion, Consolidated Five Core and Check Platforms into One Operation
  • Florida Bank Holding Company ($1.2 Billion): Branch Capture and Check Image Exchange Business Case, Contract Negotiation and Implementation
  • Mid-Atlantic Bank ($175 Million): Core Processing Vendor Evaluation, Contract Negotiation and Conversion from In-House to Outsourcing
  • Pennsylvania Bank ($2 Billion): Payment Processing Strategic Recommendations, Vendor Evaluation and Implementation
  • New England Bank ($160 Billion): Lockbox Business Case (In-House vs. Outsourcing), Vendor Evaluation and Conversion
  • Southern Bank ($9 Billion): Online Banking Strategic Recommendations, Vendor Evaluation and Implementation
  • Illinois Bank ($1 Billion): Core Processing Vendor Evaluation, Contract Negotiation and Conversion
  • Mid-Atlantic Credit Union ($125 Million): Branch Capture and Check Image Exchange Implementation
  • Southern Bank ($17 Billion): Remote/Merchant Capture Marketing and Software Implementation Assistance
  • Maryland Bank ($350 Million): Core Processing Vendor Evaluation, Contract Negotiation and Conversion
  • Southwest Credit Union ($3 Billion): Branch Capture and Check Image Exchange Implementation
  • Massachusetts Bank ($1.3 Billion): Core Processing Vendor Evaluation, Contract Negotiation and Conversion
  • Southern Bank ($21 Billion): Check Processing Business Case, Vendor Selection and Online Banking Implementation Assistance
  • Washington Credit Union ($900 Million): Check Image Exchange and Remote Capture Business Case, Vendor Selection and Implementation Assistance
  • Virginia Bank ($1.8 Billion): Core Processing Vendor Evaluation, Contract Negotiation and Conversion
  • Mid-Atlantic Data Center: Consolidation of Multiple Core Processing and Check Processing Centers to One Central Location
  • Southern Corporate Credit Union: Check Processing Conversion