Summary
One of the oldest financial services institutions in America, holding over $1 trillion in assets, approached Heitmeyer Consulting to support conversion of their treasury, cash management, and item processing functions from FISERV to BNYM.
The client had already hired a major global consulting firm and was unsure of the quality of their results.
They enlisted Heitmeyer to review the firms reporting. Impressed by the depth of the review, the client hired on Heitmeyer to continue to execute the remainder of the project.
Background
Heitmeyer Consulting retains a network of over 100,000 qualified consultants in the financial services industry, allowing us to rapidly deploy a team of Subject Matter Experts, Program Managers, and Business Analysts, to build a roadmap for
Wholesale Lockbox processing.
The client placed 60 consultants throughout the lifetime of the engagement, with some being contract-to-hire in order to retain continuity.
Outcome
Heitmeyer Consulting strategically deployed qualified teams that completed the project on time, grew past the original scope of work, all at a greatly reduced cost compared to quotes from major consulting firms.
Since the project’s completion, the client has retained Heitmeyer to continue work on new initiatives to adjust in an ever-changing market, requiring the expertise of a firm that specializes in the financial services industry.