Relentlessly driving Payments and Core Banking innovation for our clients.
WMC is a proven trusted advisor to Banks, payments providers and the wider ecosystem.
The banking industry is in continuous evolution, driven by customer demand and technology innovation. Whinfell Management Consulting (WMC) a UK based banking consultancy, has been supporting tier 1 banks and other Financial institutions since 2013, works closely with clients to help them navigate the complexity and grasp the opportunities that are right for their business model. WMC Core competency areas include strategy, architecture and design and product expertise across core banking and payments.
Recent WMC clients:
Pay.UK (Head of Security & Design - New Payments Architecture)
HSBC (Operating Model lead - Global Banking - FX, GTRF and Payments)
Lloyds Banking Group (Head of Business Architecture, Risk)
Deutsche Bank (Lead Business Architect Operational risk)
WMC Leadership
Alistair Davis - Managing Director
Alistair is a Director level Architect specialising in Operations Excellence within the Banking sector working with Tier 1 clients including Lloyds Banking Group, UBS, Barclays, Deutsche Bank and HSBC.
Over eighteen years’ Architecture design experience across IT and Business delivering large scale change agendas across Risk, Regulatory Reporting, Compliance and Finance functions.
Collaborates with C Suite facilitate business vision to execution and has expertise in strategic alignment and optimisation of artefacts across the business including Target operating models, process improvement, Risk Control frameworks, capability mapping, solution design, strategic roadmaps and agile transformation.
Other architecture experience includes establishing and leading architecture functions from greenfield to execution, front to back functional design, strategic IT and business roadmaps, end to end process transformation, Design Authority (DA) setup and chairing, Establishing Lean Centers of Excellence, end to end client onboarding, KYC, AML, data modelling and product implementations.
Strong consulting background having worked for top tier consultancies including Accenture and Deloitte at leadership levels within Banking and Capital Markets practices.
WMC Expertise:
Core Banking
Our combined product expertise across core banking transformations underpinned by our high calibre consulting experience means we can deliver unrivalled value for our clients:
Vendor expertise
Migration
Upgrade
Strategy
Target operating Model
Process improvement
Operational Resilience
Payments
WMC has comprehensive expertise across the payments landscape including:
New Payments Architecture (NPA)
Open Banking/PSD2
Overlay services
Faster Payments
Confirmation of Payee (CoP)
Request to Pay (RTP)
ISO 20022 migration
Legacy payments system migration and transformation
Target Operating Model
Operational Resilience
Service Offerings to meet these challenges:
Product Assessment
Current State banking and payments assessment
Identify vision and key business outcomes for the journey ahead
Work with stakeholders to understand the product propositions and case for change
Operational Resilience Assessment to identify operational risks and gaps that need remediation
Strategy & Design
Setting out the vision and transformation objectives
Supporting clients with New Payments Architecture design
Regulatory Alignment e.g. SEPA or PSD2
Architecture roadmaps
Customer journey mapping
Payments process optimisation e.g. move to ISO 20022
Target Operating Model (TOM)
Platform & Product Advisory
Platform Selection as well as vendor due diligence
Product development
Competitor analysis
Benchmarking
Cloud and API Strategy
Open Banking integration
New Payments Architecture integration
“WMC helped us understand the weaknesses and opportunities for change across our clients payments infrastructure.”
— Irtaza Khan, EY