CLIENT STORY Major UK bank: Protecting customers by turning one bank into two The largest UK banks have had to split their investment banking and retail banking businesses into separate operations. This ‘ring-fencing’ helps protect customers against any repeat of the 2008 banking crisis. Any bank missing the ring-fencing deadline at the end of 2018 could face fines or even be shut down. For big banks like our client, this was a two-year project for hundreds of people. They needed to move data for around 9,000 clients like large corporates and other banks into the new investment bank, without business skipping a beat. Over nine months, our IT specialists worked alongside the client’s to assess the systems, design the right links between them and test methods for migrating the data. Meanwhil

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