Banking and Financial Services

The Banking and Financial Services industry is one that is characterised by complexity, constant change, and a requirement for strong security and risk management. While diverse requirements exist across the various parts of the sector, the market perceptions and strategic differentiators rely heavily on the systems and processes. Banking and financial services companies require constant focus on areas such as; information security, risk, and interoperability, while maintaining structure through the application of sound architectural principles.

Participants in this industry are constantly seeking fresh thinking on ways of approaching the challenges being faced as they evolve, and Business Aspect has been a significant player in delivery of such thinking. Business Aspect’s ability to leverage well-refined methodologies in the development of strategy and effective architectural frameworks, combined with proven capability in areas such as information security and risk, provides a strong foundation for the delivery of effective results across the banking and financial services sector.

Business Aspect’s performance in the Banking and Financial Services industry is reflected in the following case studies:

  • Case Study: An assessment of ICT Capability Benchmark and Baseline

    Business Situation This large Financial Services organisation was embarking on a significant program of transformation to meet the demands of a digital market environment. They needed to understand their current ICT capabilities and establish what, if...

  • Case Study: Business and Systems Analysis

    Based on the extensive advisory work undertaken with a key financial sector client Business Aspect was engaged to provide a senior resource to undertake business analysis work as part of a key program of work. Key capability requirements included:...

  • Case Study: Business Continuity Planning

    Business Aspect developed an organisation-wide business continuity plan for this investment corporation. The plan was based on a Business Impact Assessment (BIA) which drove the strategy outcomes and recommendations for the organisation. The purpose of...

  • Case Study: Client Management Systems Strategy

    Business Aspect was engaged to develop a renewed approach to the way this stockbroking firm managed their client-base. The work required: significant analysis of business processes examination of existing requirements, and development and documentation of...

  • Case Study: Finance Document Generation

    Business Aspect led the requirements elicitation and solution design for an internal software development project. The requirements and solution design related to automating the generation of a series of complex loan documents. The work involved...

  • Case Study: IT Risk, Information Security and Business Continuity Advisory Services

    For over 7 years, Business Aspect has fulfilled the roles of IT Risk Manager and Information Security Advisor to a Banking and Financial Services corporation and continues to be engaged in these roles today. The work of providing specialist business risk...

  • Case Study: Payment Switch Business Case

    Business Aspect was engaged by a financial services provider to develop a business case for moving their electronic financial transaction processing service in-house. These services support payment methods such as EFTPOS and ATMs. The services under...