Navigating the complexities of a core conversion: 3 key ingredients to success

When it comes to a core conversion, as with any complex change management event, your FI faces numerous challenges. Our many credit union partners have successfully navigated the complex conversion process without any significant loss in year-over year revenues, while positioning themselves to be ready to go with subsequent initiatives as little as one month after go-live. What’s their secret?

Here are three elements that all successful core conversions have in common:

1. Proficient project management

Going it alone is ‘an’ option, but is it the ‘best’ option? Our partners quickly recognize the absolute criticality of collaborative project management. But don’t take our word for it, here’s what Karen Tate of Member’s Heritage CU has to say:

continue reading »