Banking systems transformation consulting
Twenty years of banking experience for your transformation projects: operational systems, core banking, finance, risk and regulatory reporting. From scoping to go-live, with a dual business and technical perspective.
What we do
Project management and Product Ownership
Scoping, work breakdown, planning and budget. Coordination of business and IT teams, drafting and validation of specifications, delivery follow-up through to go-live.
Regulatory reporting
Evolution of Risk / Finance data models and collection tools to meet new regulatory requirements, from specification to user acceptance testing.
Core banking and bank accounting
Redesign and harmonisation, standardisation of accounting schemes, suspense account control and account justification, accounting / risk reconciliation.
Lending and Trade Finance
Design of financing and guarantee management solutions: origination workflows, syndicated deals, interfaces with the bank's IT landscape and digital channels.
Software selection and RFPs
Requirements analysis, drafting of specifications, evaluation of vendor proposals, contribution to selection and adaptation of the chosen solution.
User acceptance and change management
Testing strategy and coordination, user training, deployment support across subsidiaries and business units.
Who we work with
Finance, Risk and IT departments, and programme management offices of retail banks, corporate and investment banks, and banking groups with international subsidiaries.
What sets us apart
Experience from the inside
Ten years in banking (risk, internal audit, transformation) before consulting, to understand the real constraints teams face.
Business and technology
From banking products and processes to data models, through the accounting translation of transactions and system integration.
Today's regulatory reporting, and tomorrow's
We have implemented some of the reporting requirements in force (Basel IV, ESG, SHS…), and are already preparing the next ones: involvement in the BIRD community, anticipation of the IReF reform.
A methodology for using AI in data model mapping
Mapping work, particularly for regulatory purposes, is long, repetitive and error-prone. We offer a method where AI prepares the case and proves each statement, the business expert decides, and decisions are captured for the next cases.
MAPSTER — using AI to accelerate the mapping of banking data models
Project under developmentAligning a banking data model with a target framework is long, repetitive and error-prone work, yet it determines the quality of all regulatory reporting. MAPSTER is a decision-support tool that accelerates this mapping, with the BIRD standard (Banks' Integrated Reporting Dictionary, the ECB's reference dictionary) as its first field of application.The principle: AI amplifies the business expert's productivity without ever replacing them.
AI prepares the case. It produces a complete reading of the case: every statement about the target model is proven by tool-based enumeration of its structure and by reading the official definitions. Every doubtful point is logged in an arbitration file.
The expert decides. Arbitrations are processed in batches, the reading is validated, and the expert's decisions are captured as reusable doctrines that speed up the next cases.
The set-up combines an implementation of the BIRD model, enumeration and control scripts, a viewer for the readings, and a corpus of doctrines that grows with every case processed.Designed for BIRD, the method and tooling apply to any mapping problem between banking data models: core banking migration, alignment with a group data standard, feeding a new regulatory report, and more.Have a mapping project in mind? Let's talk: [email protected]
Xoviet Consulting was founded by Sabir Abbaoui, a consultant in banking systems transformation.After ten years at BNP Paribas, first in the Risk department of an international subsidiary, then in the Group Inspection (internal audit) and in the transformation projects division of International Retail Banking, he moved into consulting as a Consultant Manager at Capco before setting up his own firm in 2021.He has since worked with major French banks on regulatory reporting, bank accounting and Trade Finance projects, as project manager or Product Owner.He is a graduate of the École Supérieure de Banque in Algiers and holds an MBA in Financial Services Management (IAE Paris Panthéon-Sorbonne / Université Paris-Dauphine).