HSBC to Ardshinbank — Banking Systems Migration

Challenge

Operate a fully independent bank after HSBC Armenia divestiture under a strict Transition Services Agreement (TSA), requiring replacement of Group-level software and secure data migration.

Solution

Defined a greenfield enterprise architecture, established security and identity layers, and executed phased data migration with rigorous reconciliation and cutover planning. Ensured compliance and operational continuity.

Results

Completed migration within the TSA window with minimal customer impact and preserved data integrity. Stabilized core operations and established clear post-migration runbooks.

Impact

Enabled Ardshinbank to continue operations on its own infrastructure with improved performance and maintainability.