About NIBC
NIBC provides financial products and services to more than 700 medium-sized businesses and 400,000 consumers from its branches in The Hague, Amsterdam, Frankfurt, London and Brussels. Home loans and savings products are offered to consumers through the NIBC Direct label.
Data migration from NIBC Direct mortgages to Stater
The NIBC Direct mortgages were offered by two mortgage service providers, Quion and Stater. NIBC keeps a close eye on the costs and focuses on the customer. For that reason, only Stater was used.
I’m proud of the fact that we set a target at the start of the project and we achieved it!
Peter Smittenaar, Head of Operations Mortgages & Savings NIBC
Most important aspects of this migration
9614
Mortgages migrated
Big Bang
Big Bang migration strategy
Stater
From Quion to Stater
Result
The data migration of the mortgage portfolio from Quion to Stater was completed in eight months. The cost advantage has been achieved and the process was simplified as well; a single party, a single portal and a single environment.