The newly formed client required a new system to replace a number of older legacy systems that had been in place prior to the establishment of the new organisation. Trying to utilise the older system was not cost effective and wasn’t going to support the level of transformation desired by the client.
The new project represented an opportunity for the selected vendor to come in and work with the client to reengineer operations and assist the client to become more data driven and risk based. This included greater levels of integration between business and corporate functions.
In addition the client wanted to increase data collection and subsequent analytical capacity in the areas of data mining, statistical and predictive analysis.