Banking Back Office

Transforming a legacy system To empower Fintechs to run & manage their businesses.

Client

Thredd

Timeline

9 Months/1 Year

Content

Strategy & Design

Strategy & Design

Strategy & Design

Strategy & Design

Leadership

Leadership

Leadership

Leadership

Fintech

Fintech

Fintech

Fintech

B2B SaaS

B2B SaaS

B2B SaaS

B2B SaaS

Bad Back Office Is Bad Business

This client, serving clients like Revolut, Starling & Curve, had a legacy problem. This critical, outdated system was their main interface. The system was hurting sales, impacting customer satisfaction and damaging their reputation.

This legacy transformation, their first web app, drove ARR, delighted customers and formed a key step in Thredd's product strategy.

Key Results

Sales & satisfaction

  • ARR of >£250k.

  • References in lost opportunity analysis from 40% to 0%.

  • Huge increase in customer satisfaction.

Strategic objectives

  • Major milestone in the companies’ transformation- Their first web app.

Process

  • Elevated design team’s influence- More resource allocation & focus on design quality.

  • Improved design & engineering maturity by introducing new process and team structures.


My Role

Design

  • Research-User interviews, survey, NPS & sales data interrogation.

  • UX strategy, Design system governance, design sprints & team oversight.

Strategy

  • Product vision & goals, stakeholder alignment & roadmap development & prioritisation.

  • Process improvement, design, development and product trifecta establishment.


Challenges & Strategy

Challenges & Strategy

Challenges & Strategy

Challenges & Strategy

Loss of sales


  • Sales were being lost because of our old fashioned UI- Commonly cited in lost sales reports.

Loss of sales


  • Sales were being lost because of our old fashioned UI- Commonly cited in lost sales reports.

Loss of sales


  • Sales were being lost because of our old fashioned UI- Commonly cited in lost sales reports.

Loss of sales


  • Sales were being lost because of our old fashioned UI- Commonly cited in lost sales reports.

Cost to our Customers


  • Customers had to run dedicated windows machines & have highly trained staff to operate it, or build their own.

Cost to our Customers


  • Customers had to run dedicated windows machines & have highly trained staff to operate it, or build their own.

Cost to our Customers


  • Customers had to run dedicated windows machines & have highly trained staff to operate it, or build their own.

Cost to our Customers


  • Customers had to run dedicated windows machines & have highly trained staff to operate it, or build their own.

Reputation Damage


  • 67% of NPS respondents in surveys gave negative feedback, most common customer complaint.

Reputation Damage


  • 67% of NPS respondents in surveys gave negative feedback, most common customer complaint.

Reputation Damage


  • 67% of NPS respondents in surveys gave negative feedback, most common customer complaint.

Reputation Damage


  • 67% of NPS respondents in surveys gave negative feedback, most common customer complaint.

Design assets prevent lost sales


We collaborated closely with sales, providing them with prototypes as we worked so that they could use this collateral in the sales journey-Preventing loss of sales before development finished.


Design assets prevent lost sales


We collaborated closely with sales, providing them with prototypes as we worked so that they could use this collateral in the sales journey-Preventing loss of sales before development finished.


Design assets prevent lost sales


We collaborated closely with sales, providing them with prototypes as we worked so that they could use this collateral in the sales journey-Preventing loss of sales before development finished.


Design assets prevent lost sales


We collaborated closely with sales, providing them with prototypes as we worked so that they could use this collateral in the sales journey-Preventing loss of sales before development finished.


Most used customer features


You can’t build in 10 months what was fine-tuned for 10 years. We combined usage logs with user research to create a usage based framework. We prioritised compete user journeys.


Most used customer features


You can’t build in 10 months what was fine-tuned for 10 years. We combined usage logs with user research to create a usage based framework. We prioritised compete user journeys.


Most used customer features


You can’t build in 10 months what was fine-tuned for 10 years. We combined usage logs with user research to create a usage based framework. We prioritised compete user journeys.


Most used customer features


You can’t build in 10 months what was fine-tuned for 10 years. We combined usage logs with user research to create a usage based framework. We prioritised compete user journeys.


MLP, not just an MVP


By measuring both usability and satisfaction we uncovered that usability was the issue, not functionality.By focusing on great UX, we solved the actual problem that our customers had- We built a Minimum Loveable Product.

MLP, not just an MVP


By measuring both usability and satisfaction we uncovered that usability was the issue, not functionality.By focusing on great UX, we solved the actual problem that our customers had- We built a Minimum Loveable Product.

MLP, not just an MVP


By measuring both usability and satisfaction we uncovered that usability was the issue, not functionality.By focusing on great UX, we solved the actual problem that our customers had- We built a Minimum Loveable Product.

MLP, not just an MVP


By measuring both usability and satisfaction we uncovered that usability was the issue, not functionality.By focusing on great UX, we solved the actual problem that our customers had- We built a Minimum Loveable Product.

Strategy, Priority and Buy In

Visualising the vision

Problem
Stakeholders are attached to legacy, getting buy in & input early is crucial. Business goals were not well understood, and the complexity of the system is challenging.

Strategy and Approach
Engage stakeholders through problem framing workshop to clarify business goals and gather input. Develop a shared product vision to foster discussions about moving away from legacy systems.

Results
Achieved improved alignment on business goals- Agreed that customers faced the biggest challenges so focusing on their needs first would solve business problems faster.

Results
Achieved improved alignment on business goals- Agreed that customers faced the biggest challenges so focusing on their needs first would solve business problems faster.

Rebrand, reskin or re-platform?

Problem
Complexity & cost of the project, as well as poor design maturity was hindering design resource allocation. Senior management wanted as little design resource as possible, strongly advocating for a simple reskin. This would risk project success.

Strategy and Approach
Use a survey to target large numbers of customers to uncover problems to be solved- Measure satisfaction and usability separately. Interview customers readily available.

Execution
Targeted 50 customers from a variety of segments using Qualtrics. Spoke with 4 decision makers. Asked open ended exploratory questions about problems, needs & opportunities.

Results
Uncovered customer satisfaction was high (5.5/10), a SUS score of 40- Clearly demonstrating the need for UX re-platforming. Now had a design specific metric. Customers alluded to UX issues- "Full of information, impossible to use"

What does this thing do?

Problem
Requirement building was severely hindered due to a lack of documentation, understanding and resource to assign product managers and B.As.

Strategy and Approach

Utilize Miro to collaboratively dissect the system piece by piece, build up a capability library- Focusing on objects, actions and assigning BA resource to uncover metadata.

Execution

We conducted focused sessions to break down the system into manageable parts, documenting insights and requirements in Miro, and encouraging team contributions for comprehensive coverage.

Results

Established a well-organised repository of system requirements, enhancing team alignment and understanding, which streamlined the development process and improved overall project clarity.

Prioritise most used features & majority of users

Problem
Lack of prioritisation approach was hindering design and development team decision making

Strategy and Approach

Utilise usage logs and behavioral research findings to develop a 2x2 prioritisation matrix, focusing on screens and other critical areas necessary to create a comprehensive user journey.

Execution

Analyse usage data and research outcomes to identify key user interactions, then map them into the prioritisation matrix to guide development efforts.

Results

Enabled the product team to develop a clear and customer centric roadmap, reducing friction and providing guidance.

Design Foundations

Mid project rebrand, design principles

Problem
Mid-project rebrand and a minimal existing design system. Analysis Paralysis impacting project timelines, lack of shared goals causing friction with teams & sheer project complexity - Namely the broad user base & customer segments, regulatory requirements.

Strategy & Approach
Establish an Atomic design system in the new brand, building as we progressed. Develop Design Principles to drive consistency, guide decision making, foster collaboration and enhance efficiency.

Execution
Design system audit, building out missing components as required. Using user research & collaborating with x-functional teams, we developed decision based design principles and embedded in Design Definition of Ready checklist.

Results
Design System of reusable styles, components, and variants to boost UX and design consistency, in collaboration with marketing. More efficient design work, better collaboration and a design north-star for the project, written in stone.

Front-loading behavioural user research

Problem:
Poor documentation and lack of customer led use cases were a risk to project success. A lack of understanding of who uses the system, why and what their context of use was meant that UX activities were hindered.

Strategy & Approach
Conduct field studies to uncover use cases, user journeys and uncover opportunities to improve UX overall.

Strategy & Approach
Conduct field studies to uncover use cases, user journeys and uncover opportunities to improve UX overall.

Results
Design sprint delays avoided as research was front-loaded, Structure and guidance to feature level design work. True user centricity in the resultant system led to few usability snags in testing.

Information Architecture

Problem
Learnability & findibility in the existing system were key customer challenges elucidated from the SUS scoring. Payments lacks standardised terminology, and the existing system had no concept of content grouping or categorisation.

Strategy & Approach
Using the system mapping, identify key objects in the system. Identify content heavy sections & use card sorting to create content categories.

Execution
To elucidate use cases and future user journeys, we scheduled 12 field studies with customers & divided the work equally. We surfaced these in user types, scenarios and to be user journeys and added to development tickets.

Results
Design could proceed efficiently knowing content structure already, thereby ensuring we could focus on creative problem solving during sprints.

Product Design

We worked in two-week sprints, two sprints ahead of development. For each sprint, we focused on a key feature and our desired outcome-By articulating different user journeys associated with each feature we were able to ensure differing user needs were met. Per sprint, we developed concepts to address user pain points or identified key UX challenges. We ran x-functional design crits to elucidate feedback and ensure that our solutions were meeting business objectives.


Multi-Currency Challenges

Multi-currency wallets introduce the concept of balances for a single card

Multi-Currency Challenges

Multi-currency wallets introduce the concept of balances for a single card

Multi-Currency Challenges

Multi-currency wallets introduce the concept of balances for a single card

Multi-Currency Challenges

Multi-currency wallets introduce the concept of balances for a single card

Card Products

Card products are rules that govern the behaviour of cards- We reimagined an excel as an object

Card Products

Card products are rules that govern the behaviour of cards- We reimagined an excel as an object

Card Products

Card products are rules that govern the behaviour of cards- We reimagined an excel as an object

Card Products

Card products are rules that govern the behaviour of cards- We reimagined an excel as an object

Customer History

We needed to empower managers to review logs of activities performed via UI and the back end for compliance adherance.

Customer History

We needed to empower managers to review logs of activities performed via UI and the back end for compliance adherance.

Customer History

We needed to empower managers to review logs of activities performed via UI and the back end for compliance adherance.

Customer History

We needed to empower managers to review logs of activities performed via UI and the back end for compliance adherance.

Search

Significant constraints exist in searching in payments- Millions of data heavy transactions are processed each day, which need to be searched.

Search

Significant constraints exist in searching in payments- Millions of data heavy transactions are processed each day, which need to be searched.

Search

Significant constraints exist in searching in payments- Millions of data heavy transactions are processed each day, which need to be searched.

Search

Significant constraints exist in searching in payments- Millions of data heavy transactions are processed each day, which need to be searched.

The system enables users to find Customers, multiple types of Cards and Digital Wallets (e.g Gpay) and view Transactions that happened on these objects. Users can manage customer details, perform actions on cards and digital wallets such as blocking them and adjusting balances. Users can see audit trails of activities performed on an account. Finally, users can see granular configurations and rules set on cards and digital wallets.

Outcomes

I successfully contributed to a major company milestone by designing their first web app, leading to over £250k in ARR and a significant boost in customer satisfaction.

My work eliminated design-related references in lost opportunity analysis, dropping from 40% to 0%.

Additionally, I elevated the design team’s role within the organisation, securing more resources and improving design quality by implementing new processes and team structures.

Key Results

Sales & satisfaction

  • ARR of >£250k.

  • References in lost opportunity analysis from 40% to 0%.

  • Huge increase in customer satisfaction.

Strategic objectives

  • Major milestone in the companies’ transformation- Their first web app.

Process

  • Elevated design team’s influence- More resource allocation & focus on design quality.

  • Improved design & engineering maturity by introducing new process and team structures.


"I love using this now! I'm able to do my job so much faster, and being able to compare screens is a game changer!"
Happy User

"I love using this now! I'm able to do my job so much faster, and being able to compare screens is a game changer!"
Happy User

"I love using this now! I'm able to do my job so much faster, and being able to compare screens is a game changer!"
Happy User

"I love using this now! I'm able to do my job so much faster, and being able to compare screens is a game changer!"
Happy User

"Maeve's tenacity, drive and relentless push got this over the line. We couldn't have done it without her."
Nida Khan, Product Manger

"Maeve's tenacity, drive and relentless push got this over the line. We couldn't have done it without her."
Nida Khan, Product Manger

"Maeve's tenacity, drive and relentless push got this over the line. We couldn't have done it without her."
Nida Khan, Product Manger

"Maeve's tenacity, drive and relentless push got this over the line. We couldn't have done it without her."
Nida Khan, Product Manger

Next Project

Next Project