ICI Consulting – Bank and Credit Union Core System Advisors

Free Core Pricing Analysis

Free Core Strategy Discussion

Founded in 1994, ICI Consulting is a nationwide leading bank and credit union consultant. Serving over 700 financial institutions including more than 1,100 consulting engagements, ICI supports clients by providing core processing assessments, vendor evaluations, contract negotiation and conversion services.

ICI saves clients significant time and money during core processing and ancillary systems evaluations as well as during negotiations with providers of these mission-critical in-house and outsourced fintech solutions. Our goal is to supply superior bank consulting advice to help our clients make sound strategic decisions.

We have assembled a team of successful former core processing vendor graduates and bank executives who share a passion to assist clients in achieving their corporate goals. The ICI team is professional, ethical, and completely objective regarding vendor decisions. Clients find our seasoned firm to be experienced and nimble, with consulting experts located across the United States.

Complimentary Core Pricing Analysis

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.

The ICI Solution

CONSULTING SERVICES OFFERED

  • Assessment & Strategic Recommendation
  • Core Vendor Evaluation
  • Core Processing Contract Negotiations
  • ATM Hardware & Maintenance Negotiations
  • Core Conversion
  • Ancillary System Evaluation
 KEY BENEFITS TO YOUR FINANCIAL INSTITUTION

  • Consulting Team with wealth of knowledge and experience in the field
  • Deep understanding of vendor landscape
  • Product agnostic guidance
  • Significant cost reduction on core expenses
  • Enhanced SLAs and other contract terms
  • Time savings for FIs executives and staff
Your No-Cost Strategic Consultation Starts Here ▶
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