COMMON CHALLENGES

The Challenge Financial Institutions Face

Choosing a new digital banking platform is one of the biggest technology decisions your financial institution will make, and the process comes with major challenges.

Learning the vendor landscape

Without prior experience, it’s difficult to know which digital banking vendors truly deliver beyond the demo.

Negotiating Complex Contracts

Digital banking contracts are complex, long-term, and difficult to negotiate without market insight.

Implementation without a playbook.

Without experienced oversight, timelines slip, costs grow, and customer experience suffers.

RISKS

Common Risks in Digital Banking Platform Selection

Selecting a digital banking platform is a high-stakes decision with long-term impact.

Without the right expertise, institutions risk choosing the wrong vendor, poor contracts, weak implementation, and lack of independent guidance, impacting operations, staff, and member experience for years.

Wrong Vendor Selection

Poor contract negotiation

Weak implementation oversight

Missing a Neutral Perspective

OUR APPROACH

A Structured Approach Built Around Your Institution

Our process helps banks and credit unions navigate digital banking decisions with greater clarity, alignment, and implementation readiness.

1 - Digital Banking Readiness Assessment

We help you define your platform needs, align your market direction, define plan resources and timelines, and build a clear roadmap for the project.

2 - Vendor Evaluation & Selection

This phase includes RFP development, vendor briefings and demo coordination, structured solution evaluation, and a final recommendation aligned with your goals.

3 - Contract Negotiation

This phase focuses on reviewing and negotiating contract terms, providing market benchmarking insights, and supporting negotiations to help secure the best possible agreement.

4 - Implementation Oversight

This phase supports the implementation process through data migration and validation, end-to-end testing with third-party providers, issue management and resolution, and go-live readiness assessment.

WHY SOLT

Why Banks and Credit Unions Choose
Solt Financial

We help banks and credit unions make digital banking decisions with clarity, confidence, and a focus on long-term results.

Independent Advice

No vendor incentives. No conflicts of interest.

Senior Resources Guaranteed

The advisors you meet are the advisors who do the work.

Deep Expertise

Decades of experience across digital banking initiatives.

Right-Sized for Your Project

Senior-level guidance without Big 4 overhead.

We Stay Beyond Go-Live

We stay engaged through adoption and activation.

Business Outcome Focus

Focused on results,

not just implementation.

Digital Banking Activation Program

Most institutions treat go-live as the finish line, but that’s where adoption gaps begin and ROI often falls short.

Solt Financial’s Activation Program drives real platform usage after launch, turning implementation into measurable business outcomes.

✓Growth - Drive new member acquisition and direct deposit adoption.

✓ Share of Wallet — increase engagement with existing customers through digital channels.

✓Non-Interest Income — promote adoption of revenue-generating digital features.

✓Cost Reduction — increase digital self-service and reduce operational costs.

✓Accountability — track KPIs and measure platform ROI.

Proven Expertise in Digital Banking Implementation

Helping institutions navigate complex technology initiatives through expert-led strategy and operations.

Before You Choose a Vendor,
Ask the Right Questions First

Digital banking decisions impact operations, implementation, customer experience, and long-term flexibility.

We help banks and credit unions navigate vendor selection and implementation with greater clarity and lower risk.

Schedule a Strategy Call

Start the Conversation

Independent digital banking platform advisory services for banks and credit unions navigating technology transformation.

Independent Advisors for Digital Banking Decisions