Sovereign Bank

Sovereign Bank of New England

Q:

How do you merge two disparate technology systems into a third, streamline your facilities, and meet federal regulations, all without impacting customer service?

A:

By controlling every detail.

Challenge:

In our first project for Sovereign, they had six months to consolidate technology and facilities from Fleet and BankBoston, impacting 3,000 people, 300 branches, nine corporate and operations properties in four States, and a myriad of technology upgrades.

Strategy:

Working with corporate and IT management, we built an aggressive three-phased conversion plan, which mirrored their required conversion schedule, explored every contingency, and established a clear communications method. We selected and negotiated with subcontractors, managed architectural, engineering and construction processes, oversaw technology and network installations, monitored performance, planned space, reconfigured furniture, and managed the move.

Results:

Sovereign transitioned to one entity with advanced communications systems in place, on time, under budget, with seamless customer service throughout.

Since our initial challenge five years ago, we continue to work with Sovereign, handling every aspect of their merger/acquisition transitions. We’re proud to be a part of Sovereign’s growth strategy.