Alliance & Leicester has announced plans replace
many of its core banking systems with Accenture’s Alnova Financial
Solutions banking platform under a three-year IT-led business
transformation programme.
The programme is intended to bring major back-office
efficiencies and give the bank a single customer view.
The bank will spend the first year of the programme working
closely with Accenture to align the system and its business
processes before beginning to roll out the platform across all
business units.
Ian Buchanan, A&L’s director of technology, said the new
platform would enable the bank to increase its flexibilty and to
simplify operations by removing duplication and complexity in its
use of technology.
“This programme will change how the bank operates and enable us
to become even more customer-focused,” he said.
“Once the Alnova platform is in place, we will be able to bring
new products to market more quickly and be more agile.”
The change programme will see the bank move to a more
component-based infrastructure and to shift its internal resources
away from maintaining legacy systems such as mainframe technologies
and towards web- and Java-based technologies.
Buchanan said the programme was not just needs-driven but had a
clear return on investment built into it, centred around the
benefits brought by a business transformation that will see A&L
retire some of the nine technology platforms it currently runs and
trim its systems portfolio made up of 300 applications.