01.

Client

The Cheque and Credit Clearing Company is a non-profit making industry body funded by its members. It has managed the cheque clearing system in England and Wales since 1985 and in Scotland since 1996

02.

Challenge

In 2015 legislation was introduced allowing cheques to be imaged, replacing the old paper system with the aim to cut down cheque clearing times from 6 days to 1 day

The legislation required C&CCC and all member banks and clearing houses to amend their clearing processes and introduce new technology that would support cheque imaging, changing the way a payment scheme had been operating for hundreds of years

03.

Solution

AirWalk was recommended to support a Programme that was failing; running over budget, over time and not delivering on the promised industry changes

AirWalk assessed the status of the programme and mobilised a full team of specialists that took over the running of the programme, revising the governance, planning and execution approach

As well as the central migration of cheques, AirWalk also supported member migrations and provided valuable contributions to HM Treasury and the tripartite regulatory system allowing cohesion to support the overall programme

04.

Outcome

We successfully onboarded new technology suppliers, and swiftly exited the previous supplier. All members successfully migrated to new clearing system with central implementations completed within government timescales

Need helping recovering a failing programme?
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