Latest News


more news »


Search
"Catalyst Consulting Group engagement provided excellent service and the ability to deliver."

-Jerry Keenan, Senior Vice President
Georgia Credit Union Affiliates

Testimonials

What people are saying


Catalyst’s sound systematic approach as well as knowledge of both the products and vendors allowed Old National to focus on what was important to the Bank rather than what those trying to sell us thought were significant. Your ability to manage the complete process from developing the Request for Proposal, meetings with the executive committee, assisting with the development of vendor selection criteria, preparing in-depth financial analysis of true vendor cost through contract negotiations saved both management and the evaluation team countless numbers of hours. Just as importantly, your services permitted Bank involvement and making the vendor selection. Old National's goal was to engage a consultant to assist the Bank make a decision based upon facts, not make the selection. Your commitment to remaining vendor neutral throughout the process and keeping the team focused on what the Bank deemed important were invaluable. The outcome is a solution that continues to meet Old National's requirements, at a fair price and contract protections. In fact we continue to use the negotiated terms to "remind" the vendor, when necessary, of commitments made years ago. Also, thank you for your participation in our recent Check 21 internal analysis. Your knowledge and insight as to what is occurring within the industry was most beneficial in developing our strategy to prepare for the new requirements to accommodate the aftermath of Check 21.

Mark Neidig, Senior Vice President
Old National Bank



I worked extensively with Jim Godish of Catalyst Consulting Group, on a Check Image Archive vendor selection process at Allfirst Bank in Baltimore, Maryland. Jim brought both a clear process and a great deal of product and vendor insight to the selection effort. He worked with us through the selection of the initial group of potential vendors, the RFP preparation, the presentations and follow-up questioning, the site visits, the down selection to the final group, and then through the scoring and final selection. Along the way he prepared Statements of Understanding and 5 Year Total Cost of Ownership analyses. Jim was clearly vendor neutral throughout the process, and focused all his efforts on helping Allfirst make the selection that would fit it best. He was also very professional in working with me and with the rest of the staff involved in the process at Allfirst, as well as with the vendors. To cover image capture, hand-off from Check to the Archive and the Archive itself, Allfirst actually had to make three separate vendor selections. We made use of Jim’s guidance in all three, and selected a combination that worked out very well for the bank. In the course of working with Jim, it was clear that he has a broad knowledge of best practices and many, many contacts at banks and with vendors across the country. I was, and Allfrist bank was, very happy with the results of working with Jim. In addition to the knowledge, process and professionalism he brought to our project, he is a great person with whom to work.

Don Ter Avest, Vice President
AllFirst Bank



Please accept this as Banknorth’s endorsement for the work that Catalyst Consulting Group has performed for us for over the past 6 years. In the time that we have worked with Catalyst specifically Jim Godish, we have found him to be professional, responsive and an expert in the field of Bank Technology. We highly recommend Catalyst Consulting Group.

Joseph W. Hanson, Executive Vice President
TD Banknorth



Our search for a long-range solution to our Core Processing operation was streamlined and greatly enhanced through the highly professional efforts of Catalyst Consulting Group, in particular Paul Schaus. Catalyst’s knowledge and insight of the Core Processing industry and vendors enabled us to identify the best solution to meet our long-term needs while saving us countless hours of investigation. In short, we would highly recommend Catalyst Consulting Group to any financial institution.

George V MacDonald, CCUE, President & CEO
Waterbury CT Teachers Federal Credit Union



On behalf of the Allfirst Bank decision team, I would like to thank Catalyst Consulting Group for your assistance on our check imaging evaluation. Selecting the correct vendors to meet our imaging needs was critical to our success in addressing our long-term processing, operations and cash management product issues. By utilizing Catalyst Consulting Group we realized substantial savings on hardware, software and maintenance services. Your knowledge of and insight into the industry and its vendors enabled us to build a very realistic business case, identify the best solution to meet our long term needs, and saved us countless hours of investigation.

William Fitting, Senior Vice President
AllFirst Bank



“….we hired Catalyst Consulting Group when we recognized what we did not know…"

William Fitting, Senior Vice President
AllFirst  Bank
 


Over the past 2 years, the Catalyst Consulting Group scope of project management included:
  • Business case, vendor evaluation, selection and implementation of check image archive and POD system with remote branch image capture
  • Build-out, relocated, expanded operational facility
  • Five bank consolidation/conversion efforts to one core processing system
  • Conversion from an online real time workflow to a POD workflow
  • Vendor evaluation of our loan origination system
You stated benefits that Catalyst Consulting Group would “Manage the entire evaluation process and streamline the implementation” were an understatement. Your team often went above and beyond the call of duty.  Additionally, your expertise in project management and system implementation fulfilled the Bank’s requirements for “overall” project management by directly working with our internal project management leads. Our objective of completing our consolidation efforts in as limited an impact, timely and cost-effective manner was enhanced due to the partnership formed with Catalyst Consulting Group. We found your firm to be professional, responsive and an expert in the field of Bank Technology and would highly recommend your services to any financial institution.   

Patrick M. Fahey, President and Chief Executive Officer
Pacific Northwest Bank



Catalyst Consulting Group realistic and factual driven Business Case was crucial to our efforts to show our Board of Directors the direction we should be moving to provide services to our member organizations. Your assistance to CSI during our vendor evaluation proved to be extremely beneficial. Catalyst Consulting Group understanding of our specific business requirements translated into insightful questions, which enabled CSI to better understand the manner in which competing vendors planned to address our unique requirements.  Your partnership approach allowed CSI to evaluate what the vendors were actually offering and in turn make an objective decision that best met our strategy. In summary, Catalyst Consulting Group engagement provided excellent service and the ability to deliver.

Jerry Keenan, Senior Vice President
Georgia Credit Union Affiliates



"The consultant professionals from Catalyst Consulting Group were able to meet our aggressive timelines without disrupting our day-to-day operations. In fact, as a result of our decision to retain Catalyst Consulting Group, your team has developed valuable one-on-one relationships with our own employees and become part of our everyday corporate landscape."

Top 20 Bank



We have used other consultants in the past; however, the quality of work provided by Catalyst Consulting Group is by far the best that we have seen. Their team consistently works to evaluate our needs and solve our unique issues, rather than using an 'off-the-shelf' approach as other consultants do

Mid-size Community bank


Our experience with Catalyst Consulting Group has been very rewarding. Their consultants are top-notch professionals, extremely capable technically and exceptionally responsive to our concerns. We were impressed with the manner your team was able to work with management and the board of our bank to construct a program that provided important elements to our business and technology plan while providing an increase to our earnings. We remain extremely pleased

Regional Community Bank


"I was very pleased with the cooperation I personally received from Catalyst Consulting Group. I was also impressed by their knowledge and technical expertise. This project was successful to a great extent on the Catalyst team members. I would welcome any future opportunity to work with Catalyst Consulting Group."

Corporate Credit Union



"Catalyst Consulting Group was a natural choice for our bank. The company's in-depth knowledge of the financial services arena was apparent and the consultants appointed to the project were considered part of our team due to the added business value they provided. One year from the start of the project, we have delivered what we set out to and on budget, thanks to the flexibility and quality of resources from Catalyst Consulting Group."

2.3 Billion Savings Bank


"It was a pleasure working with Catalyst Consulting Group. Their understanding of the product, technical expertise and overall commitment to task were instrumental in making the project a success."

Credit Union



"Catalyst Consulting Group was able to focus on our business requirements, select the appropriate technical and data architectures, develop a web-enabled infrastructure and modify industry templates to match our unique business requirements."

Colonial Bank

4