As the U.S. banking industry continues to consolidate de novo banks have enjoyed sustained and profitable growth, preserving competition and providing credit in local markets. However, institutions in the process of becoming newly chartered banks struggle like other new business ventures, navigating the complexities of obtaining capital, application and compliance, staffing & technology infrastructure.
Catalyst understands the over-whelming responsibility of establishing a new bank – long task lists and minimal staff to make it happen. Imagine professionals on your team - experienced in opening a bank quickly and efficiently.
We bring you immediate benefits:
- Systems Review, Selection, Contract Negotiation
- Project Planning and Management
- Stand-in Responsibility for Unfilled Positions
- Alignment of Operational Requirements and Operational Workflows
- Vendor Coordination and Management
In critical areas:
- Key Personnel Review and Selection
- Operational Policies and Procedures
- Establishing System Parameters
- Product Development
- e-Banking Channels
- Testing – Systems and Delivery Channels
We bring you a proven Project Methodology tailored to your requirements; an organized approach, greater control, cost containment, and the means to keep vendors and bank personnel on task. Catalyst will assist in a number of areas as you organize, from hiring staff through setup and launch of your institution.
Vendor Selection
- Vendor Comparative Analysis
- Configuration Requirements
- Projected Cost of Ownership
Contract Negotiation
- Pricing and Terms
- Performance Measurement
- Issues – Management and Resolution
Recommendation Report
- Summary for Board of Directors
- Comparison Metrics / Charts
Project Plan Development
- Comprehensive – All tasks identified
- Covers vendor responsibilities / timing
Requirements Review / Assistance
- Personnel Review / Selection
- Site Preparation / Workflow Design
- Hardware & Software Parameters
- Test Plans / Vendor Coordination
Catalyst Delivers Benefits
- Experienced “hands on” Resources
- Minimizes Management Distraction
- Documentation of the Decision Process
- Profitable Pricing Negotiation
- Negotiated Terms and Conditions
- Satisfies Due Diligence Requirements
