Accelerating Digital Transformation: from Legacy to Leadership

Accelerating Digital Transformation: from Legacy to Leadership
Case Overview:
Our client, is a 150-year-old regional institution, faced mounting competitive pressure due to its slow adoption of digital platforms. Legacy systems limited its ability to offer 24/7 services, cross-border payments, and modern FX trading capabilities. Recognizing the urgent need for transformation, Our Client sought an innovative partner to implement a vision for digital banking leadership.
Doherty Search Partners led the search for team members to build-out of a new FX Trading Desk and digital banking infrastructure, leveraging Broadridge FXL and JPM Kinexys blockchain technology.

The project included:
- Team Recruitment:
Assembling a proven FX and digital banking team with experience launching profitable desks at major US banks.
- Technology Deployment:
Implementing cloud-based, API-first platforms for real-time pricing, execution, and programmable payments.
- Market Expansion:
Rolling out services to commercial clients, then scaling to full market deployment.
The transformation will enable our client to offer 24/7 cross-border payments, programmable treasury services, and competitive FX trading, positioning it as a regional leader in digital banking.
Client
NDA 20+ Billion Commercial Bank
Location
United States
Services
Strategic Team Building
Duration
18 Months (Q1 2026 – Q2 2027)

What makes Doherty unique?

Mission Alignment:
Doherty Search Partners understood Our Client’s vision for innovation and growth, aligning talent and technology to strategic objectives.
Strategic Analysis:
Comprehensive market and financial modeling validated the revenue potential and ROI, ensuring executive buy-in and board approval.
Talent & Team Profiling:
Recruited a leadership team with a track record of building successful FX desks and digital banking platforms, ensuring operational excellence.
Tailored Search & Development:
Customized the search for technology and talent, focusing on scalable solutions and regulatory compliance.
Advisory Support & Integration:
Provided ongoing advisory, integration support, and change management to ensure seamless adoption and cultural transformation.
Revenue Growth
$ 34.5 M
Combined annual revenue by Year 5, with 71% CAGR.
Digital Banking Contribution
58 %
Of fee income from digital banking by Year 5.
Payback Period
24 Mo
To positive ROI, 4% in year 2.
Operational Efficiency
10 X
Transaction speed & 60% cost reduction.

Ready to align your leadership with your strategy?

Schedule a confidential consultation and explore how Doherty Search Partners can help you build the future of your organization.

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