In order to operate as a standalone bank, Tesco Bank needed to separate from RBS and establish its own banking operations and IT systems. When the new operations were established, Tesco Bank had to migrate some 3 million customers and their accounts safely over from RBS.
What We Did
Pinnacle provided a Programme Director and a team of experienced programme managers to help design and manage the delivery programme.
A robust, scalable banking operations function and supporting IT systems, providing a platform for future growth.
Customers and accounts migrated from RBS.
Separate from RBS, Tesco Bank is free to pursue its own strategy.
Tesco Bank completed its separation from RBS on time and is now a very successful standalone banking entity in its own right. Since the separation, customer numbers at the Bank have grown to over 8 million.
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