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National Savings & Investments

Streamlining from five systems to one

nsandi Case Study

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Ns&i

Watch how Sopra Banking Software helped National Savings & Investments win the prestigious Celent Award thanks to its innovative core banking transformation approach.

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■ Sopra Banking Platform

National Savings and Investments (NS&I) is one of the largest savings institutions in the United Kingdom, with 25 million customers and over £100 billion invested. NS&I’s primary, long-term strategic objective is to provide the British government with retail finance that is more cost-effective than raising funds on the wholesale market. From 2007 to 2013, thanks in part to Sopra Banking, NS&I switched from five legacy IT systems to one interoperable, streamlined and scalable core banking program.

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Sopra Banking’s methodology and solutions were implemented in a long-term transformation project. This transformation project went forward in several carefully planned steps, because it was important that none of the organization’s day-to-day processes was disrupted by the re-alignment and migration phases. “I cannot stress this enough: strategic partnerships are key. Sopra Banking Software’s people are the ones who are driving the technology forward. We've been together for many years. At the end of the day, it's win-win for both organizations. As they move the technology forward, we win and our customers win," said Julian Hynd, Director Retail at NS&I.

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