The aim of the solution was to set up cooperation with a new cooperation partner including technical support for the transfer of the entire operational financing portfolio data from Credium to UniCredit Leasing CZ, a.s. in terms of data base and business processes, thus ensuring continuous operational financing for the Fiat importer with adaptation to specific requirements for securing financing. The project also aimed to make the most of the existing components of Operational Financing.

Conducting a thorough analysis of the importer’s operational financing requirements and processes was key to understanding the needs and expectations to ensure dealer inventory financing and a smooth transition from the previous financing company.

The analysis highlighted the need to implement a “Waiting Room” for failed data. Equally important is a subsystem for email and system notifications of upcoming payments (time-varying), reminders of missed payments (tiered) and reports generated by specific events (Waiting Room,…).

Emphasis was placed on ensuring the accurate transmission and storage of sensitive funding data along with its efficient processing. The solution also included the provision of data transfer for the process of releasing technical passes by an external company.

The data migration involved coordinating and securely importing data from two different funding bodies in phases in two waves, for a total of four data migrations.