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Denovo Package

Product / Service Description

Consult4IT will provide an executive level information technology expert that is experienced in all roles and functions typically required from a Chief Information Officer during the bank opening process. The specific requirements of the institution’s management will dictate the responsibilities and initiatives undertaken by this position.

 

Benefit

·         Determine the best banking application solution to meet the business plan
·         Complete an IT compliant application for charter
·         Develop a project plan that addresses scope and manpower
·         Develop a 3 year IT budget and strategic plan
·         Provide all IT services necessary to run a temporary office
·         Provide all IT services to build the bank primary location
·         Build all policies and procedures required of a denovo
·         Provide a process for establishing the IT services required after the opening

 

Qualifying Questions

 

·         Do you have the IT expertise to open a bank?
·         Does your technical expert also have a banking background?
·         Does your IT manager know what needs to be included in the application for charter process?

 

Scope of Work

Phase I – Application for charter

Phase II – Core Evaluation

Phase III – Strategic Planning

Phase IV – Interim Network

Phase V – Bank Main Location set up

Phase VI – Technology Policies and Procedures

Phase VII – Post Bank Opening tasks



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