In 2015, NIBC decided to orient its IT strategy towards hosted software solutions, moving away from on premise models. At that point in time, there were more than 300 systems and applications running on premises. As a leading bank, though, NIBC was faced with the highest levels of regulation and security compliance. In order to implement a hosted software solution, NIBC’s IT team would need a detailed knowledge of the different systems involved.
eFront and NIBC proactively partnered from the beginning in order to prevent the following risks associated with a transition to SaaS solutions:
NIBC is using eFront Invest GP, hosted by eFront. Within this solution, NIBC uses the following eFront services and modules:
“We did not notice any hiccups anywhere during this project.”
Joris van Dijk, Head of Operations Equity and Funds.
Secured data and compliance with the highest regulatory standards (e.g., SOCA)
Implementation of a full SaaS solution without a decrease in the level of performance
Increased time and resources available to NIBC’s IT team thanks to eFront’s extensive knowledge and experience in hosting software
Process and Documentation
Established clear escalation protocols in the event of technical incidents. Clear production of documentation during and after the project