To maintain competitiveness within the ever-more diverse and crowded banking sector, Deutsche Bank designed Project Nucleus—a £1.7bn IT transformation programme and the largest digital change outsourcing project undertaken in the financial sector up to that time.
As part of a 10-year agreement, Hewlett-Packard provided computing capacity and data storage for Deutsche Bank’s operations.
The programme was designed to modernise the bank’s infrastructure platforms and applications, including the automation of service processes and activities, and the standardisation of services to the business.
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Deutsche Bank had the senior leadership team in place to lead the programme; however, they needed expert talent to implement it.
Project Nucleus set ambitious goals and deadlines, but failing to meet them would cost the bank a fortune. So the right talent needed to be found fast.
The bank quickly needed to hire niche, highly-skilled digital change staff working in 45 different areas, including project managers, testers, business analysts, PMOs, coordinators, and technical subject matter experts.
But Deutsche Bank was nervous. It had previously worked with several executive search firms that took up to two months to identify and onboard tech talent—well outside Project Nucleus's timeframe.
Deutsche Bank needed a solution.
After initial discussions and diagnoses, SOLA designed a detailed scope and project plan.
SOLA leaders visited Sendbird's offices in the US for a deep dive into the company's purpose, mission, vision and values as well as the key drivers for success.
From that work, the SOLA team developed an employee value proposition to help them present Sendbird to prospective candidates. And a strategic gameplan and timeline were agreed.
SOLA deployed its SOLAarc Incubator solution, creating a "virtual subsidiary" to support Sendbird’s EMEA expansion. This included:
Download a PDF copy and learn more about how SOLA helped Deutsche Bank with their IT transformation.