Core Conversion: Best Practices & Pitfalls

  • Aug

    8  & 9

    Core Conversion: Best Practices & Pitfalls

    Register Today
    Description

    “Core Conversion” may be the two scariest words amongst bank and credit union executives and staff members. When Core Conversions go awry, customer or member service can suffer, clients often depart, employees quit and a financial institution’s reputation can be damaged for years.

    Our webcast will explore how to successfully convert to a new core provider and avoid a potential conversion meltdown. ICI leadership will talk about strategies and tactics that other banks and credit unions are utilizing to cost effectively implement a new Core Processing solution and ancillary systems. The webcast will assist the audience in implementing best practices, while identifying the pitfalls before they become huge problems. Additionally, we hope to ease, or alleviate, fears and concerns associated with core conversions.

    Tangible benefits for attendees:
    - Identify the best practices other financial institutions are using in successful core conversions.
    - Recognize the common problems that cause implementation time frames to become elongated or even trigger conversion failures.
    - Help ensure your staff members are properly trained and prepared for the core conversion.

    Webcast Attendees will learn:
    • What strategies will guarantee your financial institution can cost-effectively convert to a new core platform?
    • What common problems will cause implementation timeframes to become elongated or even trigger conversion failures?
    • What strategies will help to make sure your staff members are properly trained and prepared for the core conversion?
    • What is needed to develop maintenance and technical support procedures in preparation for conversion?
    • Where do some banks and credit unions fail when converting to a new core provider?
    Audience

    This session is appropriate for Bank and Credit Union Executives who are responsible for their organization’s Core Conversion projects and overall strategy.

    Speaker
    Sharon Brown, SVP, Project Manager sharon.brown@ici-consulting.com 800-729-8237

    Sharon Brown has over 30 years experience in the financial services industry. She has been a Banker, Business Analyst, IT Consultant, and Project/Program manager during those 30+ years. Sharon has managed small projects to large programs related to system conversions, upgrades, and new system implementations. In the M & A and system conversion arenas, Sharon also managed all aspects of the program: project kickoff, requirements, data mapping, training, implementation, internal and external communications, testing, and go-live support. Sharon also has extensive experience working with organizations to ensure Compliance, Risk, and Legal requirements and procedures are implemented and updated during major transformational projects.


css.php