Aligning a new IT platform with new business priorities

Client Results Story

Opportunity
A consortium of mortgage banks had decided to join forces within an integrated holding company, Mortgage Holding. The consortium expected significant synergies as a joint nationwide player. However, the individual mortgage banks within Mortgage Holding all had different IT platforms (e.g. custom vs. standard software) without any standardization for non-differentiating IT functions.  Further, none of the legacy IT-platforms would cover Mortgage Holding's requirements.  Bain was asked to advise on the following issues: 
  • What IT strategy best fits Mortgage Holding's business strategy (both now and in the future)? 
  • How do we align different stakeholders to one common IT vision? 
  • What should be the design of the functional IT architecture? How should we select the systems selection?
  • Can standard software be leveraged? 
  • How can we ensure that our IT strategy is properly implemented?

Next Approach

Approach
Bain created a three-phase approach to develope and support the implementation of IT strategy.

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Next Recommendations

Recommendations
Through full alignment of business objectives with new IT architecture and IT governance structure, Mortgage Holding can better integrate bank processes, thus achieving efficiency and synergy.

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Next Results

Results
Design, agreement and successful implementation of business aligned IT strategy will generate approximately 40 million Euros in benefits.

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  • Business Alignment
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