The Digital Bank
Changes in IT, the digitalisation of business processes and regulatory requirements characterise the area of tension between banks and savings banks and present them with daily challenges. Institutions that want to survive in the market must successfully implement these topics in a balanced manner with limited resources and finite budgets. Multi-project management helps them do this.
Project management determines success
Strategic goals are brought into line with operational projects using portfolio management. The annual planning of the strategic roadmap following specific objectives is supported by a clear view of the resource situation. IT and specialist departments provide resources for the important projects according to their availability and the required skills. This is done in coordination with the departments and is documented so that future bottlenecks can be avoided. Clearly structured coordination and approval processes increase the efficiency of all projects and avoid frictional losses for all participants.
Legal framework conditions are also constantly evolving. This usually triggers appropriate measures too. It is therefore all the more important to examine and prioritise all pending activities and projects within a process of consideration. The goal must be to be able to start the right projects at the right time. This conserves the utilisation of project resources. Decisions can be made about the allocation of resources and budget on the basis of sound information.
Blue Ant takes banks and savings banks to the next multi-project management level
A challenge for banks is the structured steering of projects along a transparent project maturity level. In this context, project eligibility checks and the prioritisation of projects play an important role. Regulatory projects that are predefined in terms of deadlines and partly also in terms of content reduce the room for manoeuvre of all projects. It is therefore all the more important to prioritise all projects in order to be able to allocate resources and budgets strategically.
The use of resources and especially the balance between line and project capacities is also fundamental in the banking environment. The goal must be to obtain an overview of the availability and needs of resources. This is the only way to implement strategic long-term and medium-term planning of the portfolios.
How does Blue Ant support your bank?
- Blue Ant provides a freely configurable project life cycle directly as a workflow. For each project category or project type, you can map various degree-of-development or maturity models: Everything is possible in Blue Ant, from the project idea to project evaluation, prioritisation, clarification, planning, implementation and operation. Various stakeholders can be integrated in a four- or multiple-eye principle.
- Blue Ant's flexibility in terms of free fields and screens, which you can define yourself, allows you to map complex scoring models and to integrate scoring into all relevant evaluations and overviews of Blue Ant.
- Blue Ant's resource management helps you to find suitable resources, with request and approval processes for employees, team planning and the simulation of utilisation scenarios in the portfolio.