LKPU took on the responsibility of creating the project, overseeing legal advice, and ensuring factual presentation and economic quality assurance.
With high M&A activity, group companies strive for effiiciency are in need of global harmoninzation of IT and processes.
In the payroll industry, LKPU tuned around a market leader's migration of ca. 1,200 business clients within 11 months. Continuous load balancing among the involved providers, their enablement and performance control led to a successful migration with negligible churn.
To ensure competitiveness and efficiency, the management of a specialist bank faced the challenge of reducing costs in an ongoing financial pressure environment. LKPU provided support by introducing a model that integrated assembly and disassembly organization.
LKPU has been entrusted with the task of reducing the error rate to less than 1%, thereby enhancing the accuracy and reputation of the payroll function.
In the merger between the largest custodian bank worldwide and a German custodian bank, LKPU takes charge of project management, technical support, post merger integration negotiations, and test management reporting.
At one of the largest asset managers worldwide, an ongoing European merger encounters challenges. LKPU assumes the management of the merger and successfully completes it six weeks ahead of schedule.
The project involves the separation and reintegration of IT systems and processes, migration of clients and assets, and the implementation of transitional service agreements (TSAs).
Following the takeover of a large German savings bank by a German universal bank, a comprehensive pre and post-merger integration is carried out to fully integrate the assets of the acquired bank.
Following the takeover of a long-established German private bank and its subsidiary by a German universal bank, a comprehensive pre and post-merger integration is carried out.
Following the acquisition of the retail business in DACH and Benelux regions by the retail arm of a leading global universal bank, a comprehensive post-merger integration was conducted.
Following the buy-out of the German retail business of a Nordic universal bank by the retail arm of a leading global universal bank, a comprehensive post-merger integration was conducted.
To establish a strong presence in the German and European markets, a global universal bank pursued a strategy of rapid acquisitions.
The project, completed within a three-month timeframe, involved a data carve out and subsequent cleaning to meet the hard rupture of service M&A deadline.
To ensure seamless data integration, LKPU is entrusted with the implementation of an interface that centrally supplies peripheral systems in approximately 20 countries with relevant employee data.
With one LKPU partner and five agile senior coaches, we prepare and guide the critical phases of the transformation, ensuring success at both operational and management levels.
LKPU takes charge of program management for the implementation of IFRS 9 at a German Landesbank. In addition to internal project staff, we oversee approximately 40 consultants from the Big Four, ensuring their selection and integration for software related to impairment.
As part of this project, LKPU takes charge of project management, including service provider management.
Through a highly confidential and comprehensive analysis, we provided concrete recommendations for a 30 million euro change roadmap. This analysis involved close cooperation with the executive committee (EX-COM).
This comprehensive support included workshop facilitation, scenario preparation and evaluation, senior management decision support, RFP procedures, proposal comparison, contract and SLA design, and negotiation.
This initiative aims to streamline HR processes and support the company's transition under new ownership.
LKPU provides support in selecting, evaluating, and negotiating the implementation and service contract, ensuring optimal outcomes for the client.
As part of the merger between two prominent insurance companies, it became imperative to consolidate their respective organizations, processes, and technical solutions. This comprehensive integration necessitated the recalibration of the target operating model across numerous departments to align with the new unified corporate structure.
A major insurance company in Germany resolved to construct innovative business models, positioning itself strategically for forthcoming challenges and seizing new market opportunities with an emphasis on telematics-based insurance and service products.
A German insurance company has initiated a strategic restructuring of their claims department to enhance customer satisfaction and streamline operational efficiency. Moreover, this reorganization aimed to achieve a reduction of claims costs.
In a prominent German composite insurance company, there was a critical juncture in an innovation project. Failure to achieve these goals would have resulted in the absence of a viable solution and substantial sunk costs.
A large German steel trading network, operating internationally, urgently needed to implement the reverse charge procedure for dispatch and collection deliveries to the EU.
A PVH purchasing and logistics group, comprising approximately 1,500 member companies, aimed to open up e-commerce opportunities through a marketplace platform.
The project also includes optimization of credit processes and the introduction of a new version of the financial mathematical software, Marzipan.
The project includes adjustments to the core banking system, reference interest rates, calculation algorithms, and interfaces.
To ensure competitiveness and efficiency, the management of a specialist bank faced the challenge of reducing costs in an ongoing financial pressure environment. LKPU provided support by introducing a model that integrated assembly and disassembly organization.
LKPU manages the BCM/ITSCM/DR project, encompassing technical conception, regulator communication, vendor management, and technical test support.
Three European banks collaborate with the Federal Criminal Police Office (BKA) to establish an association dedicated to combating cyber crime.
A German universal bank undertakes an optimization initiative to enhance the procurement and usage of market data.
A new core banking system is implemented and seamlessly integrated into the operations of the German online subsidiary of an international universal bank.
Securities processing functions are outsourced to the asset management subsidiary of a leading German universal bank, headquartered in London.
In the midst of an organizational reorganization at a global universal bank, the responsibility for FATCA is being redefined.
To support the B2B e-commerce operations of its parent company, a private bank introduced a "purchase on account" product.
Following a takeover by investors, a German private bank undergoes a provider change for its payment transactions. However, the contract, including service specification and service levels, blocks the transaction. LKPU steps in to structure, consolidate, complete, and ensure the quality of the contract. After two months, successful negotiations result in the signing of the contract.
Within the MiFID II/MiFIR implementation at a German Federal State Bank, LKPU takes responsibility for managing technical issues and the overall program from the program management office.
The project also includes optimization of credit processes and the introduction of a new version of the financial mathematical software, Marzipan.
The project includes adjustments to the core banking system, reference interest rates, calculation algorithms, and interfaces.
In the face of a crisis arising from a serious dispute with an external migrateur, LKPU improved the organizational and operational structure, implemented transparent control measures, and provided dispute support to ensure the migration's in-time conclusion.
LKPU swiftly intervened with pragmatic velocity, escalating decisions at the management level and restoring team spirit and management capabilities.
The objective is to establish an optimized IT landscape with minimal interfaces and paper-based operations.
LKPU is tasked with introducing a transparent and user-friendly compensation system to address these issues effectively.
This initiative lays the foundation for process harmonization and digitization within HR.
LKPU Payroll provides comprehensive support in selecting providers, optimizing processes, and implementing the digital personnel file system.
This project involves harmonizing payroll processes across APAC countries, including China, Indonesia, Thailand, Japan, Korea, Singapore, and Vietnam. LKPU's involvement extends to future implementation in EMEA and Americas.
LKPU is leading the project, which involves conceptualizing, managing requirements, surveying and redesigning processes, selecting additional SAP modules & integrating additional service providers.
LKPU played a crucial role in stabilizing the time and attendance processes, correcting errors, restoring employee confidence, and transferring knowledge to the parent company's HR Services.
LKPU played a vital role in creating and implementing a new policy and associated processes to address these issues effectively.
LKPU undertakes the task of extracting, analyzing, and structuring 12,000 employee master data records, identifying deviations, and implementing measures to enhance data quality.
The Business Solutions unit of a scheme provider focusses on growing revenues within the New Flows section.
Europe's leading Banking-as-a-Service platform as a technology company with a full German banking license, enables other companies to offer their own financial services.
A European bank/Issuer was in the process of responding to an RFP for the co-branding credit portfolio, with the intention of securing this portfolio and migrating it.
The country manager of Switzerland and Liechtenstein of a scheme provider required additional support to further progress strategic initiatives that need to be centrally managed and driven within the overall Central European organization.
Push payments to cards can be enabled by switching the payment rails from the network to the P2P solution.
An international insurance company based in Germany decided to introduce payment and x-pay solution including e-Commerce as part of an overall strategy to improve customer experience & more.
LKPU Team Ensures Seamless Product Launch Through Integration, Process Optimization, Testing, Compliance, and Enhanced Customer Experience.
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