Modern Bank Steering

BearingPoint helps financial institutions instrumentalize data lineages for the step-by-step generation of cost reductions by early operative use of the new fit-for-purpose bank steering architecture. Our unique approach enables institutions to plan and execute upcoming transformations more precisely, cost-effectively and with less risk than conventional transformation strategies.

How BearingPoint can help

Our approach uses data lineage to identify required focus areas to perform a more precise and cost-effective transformation. To gather the needed information for this approach to function, we assist in setting up the appropriate data lineage and in enabling banks to utilize their (meta)data lineage in several steps:

• Capitalize on the existing metadata lineage, identify the business logic (i.e., functions, methods, models) for each discipline and derive the required data and product features
• Extend the available metadata lineage to facilitate the approach for all relevant business areas
• Link the metadata lineage with the "traffic," i.e., the actual data streams, to achieve: further insights into complexity (simplification potentials) and a better understanding of materiality (prioritization for efficient action)
• To guide all architectural decisions and optimizations toward the desired fit-for-purpose architecture, the metadata lineage and "traffic" will be embedded in our industry-standard BearingPoint fit-for-purpose architecture for bank management areas – especially CFO and CRO

Our industry expertise and approach enable a comprehensive understanding of business logic to support you in identifying redundancies and harmonization and simplification potentials. The concrete optimization potentials will then be transparent in the designed fit-for-purpose architecture for your institution.

Our experts and trusted advisors to clients in the banking and capital markets sector provide guidance and share their experiences with you.