Challenge
Ikano Bank needed to adopt a cloud-based HR system for digital transformation.
Ikano Bank, a Swedish consumer finance bank, lacked a central repository for the organization, employee data. The HR applications were disintegrated, siloed, and decentralized, and the core HR data was maintained manually in flat files. File-based information management posed a range of issues such as risk of loss, version mismatch, maintenance, erroneous data, manual effort, and audit and transmission issues. Further, the manual siloed information base resulted in lack of documentation, and dependence on service providers and outsourced agencies. There was need for transformation with a cloud-based HR system.
Solution
TCS developed a solution architecture document for HR products
by analyzing the existing organizational structure, software development methodology, HR architecture, and the operational model. We gathered information through public-domain document-research, and interactions with multiple stakeholders to acquire contextual knowledge. Additionally, the TCS account provided intelligence on the internal dynamics and client priorities. Ikano’s Architecture Review Board approved the evaluation of the shortlisted product after the solution was crafted. Once the product was finalized, we initiated the transformation backed by the product knowledge, understanding of the business requirements, and designing, developing, and testing the solution as we went along. The entire implementation was executed remotely creating the roadmap for HR digital transformation for the client.