TRAPEZA TECH

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Requirement Gathering for RFP & Process Consulting

Requirement Gathering for Core Banking RFP

Successful RFP execution depends on accurate requirement elicitation and structured vendor evaluation. We support banks through:

  • Stakeholder workshops and requirement elicitation

  • Functional and technical requirement documentation

  • Gap analysis between current and target systems

  • Vendor response evaluation frameworks

  • Scoring models and comparative assessment matrices

  • Risk identification and mitigation planning

Our methodology ensures vendor responses are standardized, comparable, and aligned with the bank’s strategic objectives.

Process Consulting & Business Process Redefinition

Core banking replacement or modernization projects require business process re-engineering to unlock full value. Continuing legacy workflows within new systems often limits transformation outcomes. We help financial institutions:

  • Redefine end-to-end banking processes

  • Identify operational inefficiencies and redundancies

  • Align processes with target core banking platforms

  • Optimize integration touchpoints

  • Improve skill-to-task mapping and governance controls

  • Capture measurable efficiency gains

Our consultants combine hands-on core banking implementation expertise with deep process knowledge to ensure sustainable operational improvement.

Business Impact
Improved RFP clarity and vendor comparability
Reduced implementation risk
Optimized business process efficiency
Enhanced integration readiness
Better alignment between technology and operations
Measurable transformation outcomes

Frequently Asked Questions (FAQ)

Requirement gathering involves identifying, documenting, and prioritizing functional and technical needs to create a structured and comprehensive RFP document.

Structured RFPs ensure vendor responses are comparable, reduce ambiguity, minimize implementation risk, and support informed decision-making.

Yes. We provide scoring frameworks, response analysis, gap assessments, and risk evaluation to support vendor selection.

Process consulting focuses on redefining and optimizing banking workflows to align with new core systems and improve operational efficiency.

Yes. We conduct detailed process reviews to uncover redundancies, bottlenecks, and integration gaps.

Yes. Our requirement gathering and process consulting services are specifically designed for banks undergoing core modernization or replacement programs.