BanQsi Inc.

Jordan Smid

The Technical Challenges of Credit Union Mergers 

When a credit union merger is announced, the public conversation often focuses on the strategic benefits: expanded services, greater scale, stronger communities, and long-term growth opportunities. What members don’t see is the enormous amount of technical work required to bring two organizations together successfully. Behind every merger is a complex web of systems, processes, data, and people that must be carefully […]

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Stephen Brown - Anatomy of a successful conversion

Lessons from the Front Lines of Core Banking Conversions and Mergers

At BanQsi, no two banking transformation projects are ever the same. Every conversion, merger, and modernization initiative comes with its own systems, stakeholders, risks, and operational realities.  To learn more about what successful projects really look like behind the scenes, we sat down with one of BanQsi’s team members who has spent nearly two decades working in financial services

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Steinbach Credit Union selects BanQSi as partner for core banking transformation - Press Release

Steinbach Credit Union Selects BanQsi as Partner for Core Banking Transformation

Winnipeg, March 31, 2026 – Steinbach Credit Union (SCU), one of Canada’s largest credit unions, today announced a new partnership with BanQsi, a fintech and technology services firm specializing in complex banking initiatives. Through this partnership, BanQsi will work alongside SCU to support key core banking and technology transformation projects. The collaboration is focused on

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Tom smiling in the Winnipeg office next to a laptop with BanQsi's website shown on the screen.

BanQsi featured in Winnipeg Free Press: ‘We’re like the heart specialists of banks’

If you’re not familiar with Tom Papagiannopoulos’s company, that’s fine by him. “I’m glad that you’ve never heard of us,” he said, “because that’s what we do: we work in the background.” Papagiannopoulos is the co-founder, with Mohsin Syed, of BanQsi Inc. The Winnipeg-based company provides core banking transformations and consulting services that help financial

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Manav Parikh. Collaboration, transparency and care.

A Conversation With Manav Parikh: The Importance of Care and Collaboration in Banking Transformation Projects

Manav joined BanQsi for its client-first approach — helping financial institutions successfully deliver complex technology initiatives through partnership, clarity, and deep industry expertise. Tell us a bit about your experience and why BanQsi was a company you wanted to work for? I have worked across credit unions, big banks and consulting environments. I’ve seen firsthand

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This graphic shows the shape of the United Arab Emirates with a glowing green spot in the location of Dubai. The BanQsi logo is shown as well as the word Dubai in Arabic.

BanQsi Expands Global Footprint with New Office in Dubai

September 28, 2025, Dubai, UAE BanQsi, a leading provider of core banking transformation and integration services, is proud to announce the opening of its newest location in Dubai, further expanding its global presence to serve the growing financial services market in the United Arab Emirates (UAE) and across the Gulf Cooperation Council (GCC) region. This

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A group of people standing and sitting in front of a presentation

The Role of Specialized Expertise in De-Risking Core Banking Conversions and Mergers

When financial institutions embark on a core banking conversion or merger, one question quickly rises to the surface: do we have the expertise in-house to manage this successfully? In many cases, the honest answer is no — and that is entirely understandable. Core banking transformations are infrequent, highly specialized initiatives. Most institutions simply do not

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A group of colleagues meeting around a table

Why Core Banking Transformations Fail — and What Financial Institutions Often Underestimate

Core banking system transformations are among the most complex initiatives a financial institution can undertake. Whether the project involves a full system conversion, a data migration, or the technical integration of two institutions following a merger, the stakes are high. These projects touch every part of the organization — from operations and compliance to frontline

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Business people working together to complete the last piece of a jigsaw puzzle

Technology Alone Isn’t Enough: Organizational Commitment in Core Banking Transformations

Even with the right technology and experienced consultants, core banking transformations can fail without strong organizational commitment. Successful institutions understand that modernization is not something that happens to them — it is something they actively support. Leadership Sets the Tone Executive sponsorship is one of the strongest predictors of success. When leadership visibly supports the

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