Successful Consumer Credit Portfolio Migration
At Ohpen
Context
Ohpen is a core banking software supplier for clients in the financial industry. They offer products for mortgages, loans, savings, investments, and pensions. One of Ohpen's clients, focused on managing mortgages and consumer credit, needed to migrate a newly acquired loan portfolio containing 55,000 loans to their back-office system. Their challenge? Completing the complex migration on schedule and within budget.
Nravl provided the structure and expertise to migrate a complex portfolio of 55,000 loans successfully. The project stayed on track and within budget, minimizing disruption to Ophen's client's core processes. Clear communication and a focused approach were key to the project’s success.
— Didiér Adams, Migration Project Manager
Our Approach
Ohpen asked Nravl to oversee the migration. We brought structure to the project team and analyzed how communication and collaboration could be improved. This approach was implemented in collaboration with the client. By working efficiently and effectively, we shortened the migration lead time. We made necessary tasks transparent and guided the prioritization of those tasks, enabling well-informed decision-making. In this way, we maximized the value added for every available euro.
Our Results
Thanks to our structured approach and the optimization of communication and collaboration, we successfully migrated 55,000 consumer loans. The migration was delivered on time and within budget, with minimal aftercare required.