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Legacy System Transformation for a Global Leader in Banknote Printing
Success Story

Datamatics Streamlines Operations with Smart Automation and Strategic Modernization

Banking

A global leader at the forefront of both banknote printing and citizen identity management, this organization plays a pivotal role in ensuring the secure production of national currencies and the accurate management of citizen identities worldwide.

The Challenge: Bridging Documentation Gaps

The global leader in banknote printing and citizen identity management was heavily reliant on legacy applications to manage a crucial revenue stream—commercial label (assets) management. However, the outdated systems that supported this business process were not only inefficient but also presented substantial risks in terms of both operational disruptions and revenue loss.

A major challenge arose from the fact that there was negligible documentation surrounding the business processes and technical architecture of these legacy applications. The absence of a structured framework for both business processes and technology architecture left the organization in a precarious position—attempting to upgrade or modernize the system without clear visibility could easily result in costly mistakes, delays, or even the loss of critical revenue.

These challenges were felt most acutely by the company's leadership, particularly the CIO (Chief Information Officer), who was responsible for ensuring the organization's technology infrastructure remained secure, scalable, and aligned with business goals. The CIO faced the daunting task of modernizing complex legacy systems without compromising business continuity. Similarly, the CFO (Chief Financial Officer) was concerned about the financial implications—balancing the cost of modernization with the need to avoid revenue loss and inefficiency.

For both leaders, the stakes were high, and the complexity of the task ahead created a sense of urgency and pressure to find a reliable, low-risk solution.

The Solution: Agile System Modernization

Datamatics' team of expert consultants embarked on an in-depth study of the client’s business processes, which were largely undocumented and crucial to the organization's operations. To gain a comprehensive understanding, the team engaged closely with subject matter experts (SMEs) and process owners across key functions—Finance, Procurement, HR, and Travel. These interactions were vital to uncover the current ‘AS-IS’ processes, allowing Datamatics to identify pain points, inefficiencies, and areas for improvement.

Through these detailed consultations, Datamatics consultants identified over 20+ key scenarios, providing a clear, actionable blueprint for an optimized future state. Building on this understanding, the team designed an all-encompassing ‘TO-BE’ operating model tailored to the client’s specific needs, aligning the business processes with strategic objectives.

Beyond just mapping out the new operating model, Datamatics re-engineered processes to drive efficiency and productivity improvements. This included streamlining workflows, automating manual tasks, and eliminating bottlenecks, ensuring that the future state would be more agile, scalable, and cost-effective. The result was a clear path forward for modernizing the client's operations, setting the stage for a seamless technology upgrade while driving significant business value.

Impact: Transforming Operational Excellence

Increased Efficiency

By reengineering the processes

Implementation Roadmap

Structured with necessary risk mitigation strategies built in that was utilized for implementation.

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