Digital Strategy & Vision Development

A Saudi Arabian Financial company with focus on Real Estate Lending, Corporate Loans and Personal Finance

Saudi Arabia is one of the fastest growing economies. Digitalization is one one the top focus areas of every entity. Apart from Client management, Business operations management, companies like Financial ones need to comply with global and local regulations. Company wanted to have a clear Digital Strategy and Vision to aling with their business goals and objectives

A Digital Vision and Strategy which aligns to their business vision, goals and objectives. Multiple functions and departments in client organizations are now part of a common and Enterprise level Digital Strategy.

The new digital vision and Strategy developed for next 3-5 years is also ensured to align and encompass Local regulations by Country’s Financial and IT Regulator like SAMA and SDAIA. Also global standards like ISO27001, ISO32000, ISO23000 and DAMA, NIST and COBIT are aligned to new. digital strategy.

Engagement Process

  • Discovery Exercise : Requirement gathering - conduct workshop with multiple departments, functions and organizations across the federal government 1
  • Benchmark study - identity and align to local and global similar functions, study their processes, conduct 1-on-1 discussions 2
  • Gap Analysis and Observations 3
  • ü Study and Review standards, Compliance and Regulatory guidelines and laws 4
  • Create and establish a Digital vision for the company 5
  • ü Develop a 3-5 year Digital Strategy 6
  • Technology alignment to strategy 7
  • Support in Technology sourcing, vendor selection and PMO 8
  • Plan for PoC/Pilot of some key technology areas - recommend solution vendors and providers 9