…shared throughout the organisation, is one of the keys to getting change to stick.”   

Click here to download the new Rule Financial White Paper “HIGH WIRE WALKERS REQUIRED:  TRANSFORMING THE PAYMENTS OPERATING MODEL”

Change is a daunting prospect in Payments: even getting buy-in can be a huge challenge. While reshaping the Payments operations estate is essential, it requires the ability to walk a high wire.

The key importance of the Payments Operating Model at the heart of the bank has finally been acknowledged by those at the top.  But the challenges of updating and improving it demand purpose, focus and resilience.  A high wind can destabilise the wire walker.

 While simultaneously managing complex change and anticipating clients’ demands, the transformation portfolio must balance the needs and expectations of clients, regulators, internal product groups, business units, geographies and Operations and IT themselves.

At Rule we understand that banks today need a target operating model based on pragmatic aspiration, a business case based on an understanding of the true payments cost base, and a transformation programme aligned to the business strategies of each stakeholder group.

                                                                       Larry Mindel