THE PROJECT
A major Swiss bank needed to replace its 20-year-old software for managing listed real estate funds. The client decided to work with an established vendor to develop the new software and then licence it as a SaaS construct.
The client defined three objectives:
- All functionalities of the current software must be available on the new platform.
- The existing processes and external interfaces must remain unchanged.
- The project should be completed within two and a half years and the costs must be limited with a fixed price model.
OUR CONTRIBUTION
During the project lifecycle, abaQon supported the bank in various roles. Initially, abaQon specified all processes and functionalities of the legacy software and created an approach for agile software development combined with a fixed price model. During the implementation phase, abaQon took the lead in test management, data migration and changeover management. Following the successful implementation of the new software, abaQon provided intensive support during the post-go-live phase, ensuring a smooth system changeover.
REALISED ADDED VALUE
The high complexity of the project and the large number of stakeholders involved required a well-managed and structured organisation. abaQon supported the bank by precisely controlling the scope of the project in order to meet the time and budget requirements.
abaQon supported the implementation of a new platform that includes all functionalities for real estate management. With state-of-the-art system architecture, interactive dashboards and APIs, the client can easily extend the current software and implement new business requirements.
Project Responsibility
Martin Gruchow, Partner
Co-Author
