Saar Landesbank

Digital transformation

We worked together with a large investment bank in Germany to depaperize and digitize their credit approval process to improve its efficiency.

2019

start
Germany

country
11

engineers
Banking

sector
ongoing

end

About the digital transformation

We took care of UX, developing and maintaining a system that enabled three stakeholders: clients, bank employees and top management to participate in a transparent, well-organized and effective process of assessing investment loan applications.

During the project, we worked with Horn&Company, a well-known consulting firm. Our solution is fully compatible with the Landesbank Saar core IT system.

Landesbank Saar is a large German investment bank that provides loans between EUR 20 million and 50 million and operates in Germany and France.

The process of processing a loan application generates a huge amount of documentation. When it was traditionally paper-based, both the client-bank exchanges and the internal circulation of documents were very laborious and time-consuming.

What was the challenge in Saar’s project?

The situation fully revealed its disadvantages when COVID-19 hit, so we had to act very quickly.
Three stakeholders: clients, bank employees and top management with different needs and behaviours.
Prepare a solution fully compatible with the Landesbank Saar core IT system.

What was included in this digital transformation?

Eleven members of the Speednet team worked on the solution for Landesbank Saar. We engaged in this project frontend and backend developers, business analysts, UX designers, devops, testers and project managers. It took the team three months to reach the MVP stage.