Stage 2: build the owned core
Stage 1 told us where the Group stands and what to build. This is the plan to build it, revised through the July reviews and ready for a decision.
The decision
We're ready to start when you are. A green light this week would let us mobilise on Monday 3 August: thirty weeks, first automation live this year, finished by end February 2027.
What we're building: one data core the Group owns outright, the right systems connected around it, and the whole team trained from week one.
The return: efficiency is the goal, enterprise value the outcome, client experience retained or improved. The savings are tiered from worst case to best, and even the worst case pays for the programme in its first year.
The risk cover: a fixed fee tied to three release gates, a close date that does not move, and the data, IP and build in the Group's name throughout.
The reviews: every point from Greg, Simon, Serena, Anna and the independent third-party review has been worked into this version.
Where we are
The documents
The full proposalObjectives, architecture, workstreams, releases, resourcing, governance, and the commercials. Running costsWhat the owned core costs to run, and the month-by-month asset-building arrangement after the close.Appendices
A · Feedback and responsesAll the feedback, labelled by source (third party, Simon, Greg, Anna), what we did about each point, and the learning plan. B · Savings modelHow the savings are sized and tiered, and why even the most conservative case pays for the programme in its first year. C · Field mapThe source-of-truth map across the twelve domains, and how the Group owns the asset throughout. D · Project planThe thirty-week plan to the end-February 2027 close, in three gated releases.