Context

A German financial institution wanted to benefit from the enhanced functionality and operating possibilities offered by significantly upgrading its existing Summit technology – version 5.5, already in place.

Business Objectives

Adopt version 6.0, with its clear advantages. Avoid upgrading incrementally with risk of decreasing vendor support of the older technology.

In Scope

Fully operational usage of Summit Version 6.0 – the FIRST in Europe and only the FIFTH in the whole world at the end of 2016.

Our Solution

Our Phi team successfully resolved every challenge the project faced them with.

• Dealt with more than 550 bugs and requests for investigation.
• Collaborated constantly with other specialist external teams.
• Leveraged relationship with technology vendor, Finastra.
• Provided highest possible levels of support and cooperation.

Our Approach

• 2 months.
• 7 dedicated Phi Partners Summit experts.
• 4 service management experts from our service-partner.
• 37 straight hours of migration.
• 8 test cycles all confirming processed data validity.
• 1 completely successful migration from Summit V5.5 to V6.0
• 1 delighted client.

Outcomes

New and important business functionalities are on-stream.
Client institution can look forward to a fully supported vendor technology in the years ahead.