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 consideration required extensive levels of security and regulatory compliance as well as high performance technical solutions that are continuously available.
In the lead up to the end of the service contract, Business Aspect developed a business case that determined the feasibility of providing the service internally; designed and documented the architecture of a solution; discussed the initial selection of software; provided an implementation project plan; and included a risk assessment.
Business Aspect was able to combine business, industry and IT expertise to deliver a business case that resulted in a renegotiation of the service contract at rates that were on average a third lower for this client.