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Banking industry

Logica Completes World's Largest Installation of Hogan Banking Software

Strategic Insights

— 1 min read

Logica Inc., the North American subsidiary of Logica plc, a leading independent systems integration, consulting, and software firm, has successfully completed one of the world's largest installations of Hogan banking software for Australia and New Zealand Banking Group (ANZ). The comprehensive upgrade of ANZ's branch accounting systems includes fully integrated customer information and account processing systems, providing better knowledge of customers' connections with retail operations, support for new market-driven products and services, and automation of manual processes leading to improved customer service.

Key Takeaways:

  • The project involved the installation of Hogan banking software in ANZ's network of over 1,200 retail branches, with support for over 14,000 employees.
  • The project required a team of up to 400 people from Logica and ANZ, working together over four years.
  • The installation included a vast customer information system serving ANZ's several million customers nationwide, as well as new accounting systems for savings and term deposits, checking accounts, and lending products.
  • The project was delivered on time and within budget limits, with every key date hit and all costs approved within the cost structure.
  • Logica's Packaged Implementation Methodology (PIM) was used to ensure compliance with ANZ standards and procedures, and to manage the difficult task of mapping the Hogan software components to ANZ's business functions.
  • The project marked a significant milestone in the partnership between Logica and ANZ, with Logica providing a well-defined methodology for managing large-scale systems integration.
  • The Hogan software has increased ANZ's capabilities by a substantial factor, with a substantial reduction in the cost per function, per account.

Statistics:

  • The project involved the installation of Hogan banking software in over 1,200 retail branches.
  • The project required a team of up to 400 people from Logica and ANZ, working over four years.
  • 96% of retail accounts have been converted to Hogan software, with the remaining 4% to be converted by December 1994.
  • The project included the delivery of a vast customer information system serving ANZ's several million customers nationwide.
  • Logica plc has revenues of 228 million pounds and 3,400 employees worldwide.

Sources:

  • Business Wire, Nov 28, 1994
  • Logica Inc. release, Nov 28, 1994

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