Banking & Financial Services

Elevating Data & AI Maturity in the Banking Sector

How NorthernACS partnered with the Business Development Bank of Canada (BDC) to redefine their enterprise-wide Data & AI strategy, bridging the gap between executive vision and technical execution.

+2 Tiers

Increase in Data & AI Maturity Level.

100%

Strategic Alignment with C-Suite Goals.

Enterprise-wide

Unified Data Governance Implementation.

The Challenge

As the banking sector rapidly evolves, BDC recognized the need to move beyond siloed data practices and legacy infrastructure. While the bank possessed massive amounts of valuable financial data, they faced a "Strategic Disconnect"—a gap between their high-level business ambitions and their on-the-ground technical reality. They needed a robust, actionable Data & AI roadmap that could be executed without disrupting ongoing daily operations.

Our Approach

NorthernACS deployed a team of senior strategic advisors to assess, design, and plan a comprehensive transformation. Our execution-focused approach included:

  • Current-State Assessment

    Conducted a deep dive into existing data infrastructure, governance policies, and AI readiness across all banking departments.

  • Strategic Roadmap Design

    Developed a multi-year Data & AI roadmap entirely aligned with BDC's executive vision and financial targets.

  • Use Case Prioritization

    Identified and prioritized high-impact AI use cases based on immediate ROI, technical feasibility, and business value.

The Impact

By focusing on "Execution Over Theory," NorthernACS successfully redefined BDC's Data & AI strategy. The most significant outcome was moving the bank up 2 full tiers in Data & AI maturity. BDC transitioned from localized, ad-hoc analytics to a centralized, governed, and AI-ready enterprise model, setting a new standard for operational excellence in the banking sector.

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