Core Banking System Modernization
Project Overview
Led a $2 billion system upgrade project for a major bank, modernizing core banking systems while ensuring zero downtime.
Technologies: Java, Oracle, Microservices
Key Achievements
- Successfully migrated legacy systems to modern microservices architecture
- Maintained 99.99% system availability during transition
- Implemented enhanced security protocols
- Reduced transaction processing time by 60%
- Integrated real-time fraud detection systems
Project Management Details
- Managed $2B budget across 5 years with quarterly milestone tracking
- Coordinated with 8 major technology vendors and 3 consulting partners
- Developed comprehensive data migration strategy for 50M+ customer records
- Implemented risk management framework with monthly steering committee reviews
- Established governance structure involving 6 regional banking units
Strategic Planning & Execution
- Phased implementation strategy across 12 countries
- Stakeholder management involving C-suite and regulatory bodies
- Change management program for 10,000+ employees
- Vendor selection and contract negotiation ($500M+ in contracts)
- Business continuity planning with zero critical incidents