Ubon Udonkang
Available for consulting and the February waitlist 00:00 WAT Join Waitlist Hire Me
All work
Access Bank PLCCapital Markets2024

₦351B Rights Issue Digitisation

ACCESS BANK PLC · Result
₦351B
Role
Business Analyst
Client
Access Bank PLC
Domain
Capital Markets
Outcome
Zero reconciliation errors

01Overview

Access Bank PLC executed a ₦351 billion rights issue; one of the largest capital-raising exercises in Nigerian banking history. The process involved thousands of shareholder transactions that were being managed through a paper-based workflow: physical forms, manual data entry, and spreadsheet reconciliation. The scale of the exercise created significant reconciliation risk, and errors at this magnitude could have had regulatory and reputational consequences.

02Challenge

The core problem was threefold. First, the manual paper-based process was not designed to handle the transaction volume of a ₦351B exercise. Second, there was no single source of truth; shareholder data lived across multiple spreadsheets maintained by different teams. Third, the Registrar, Finance, and Operations teams had overlapping but uncoordinated roles in the reconciliation process, creating gaps in accountability.

03My Approach

I was engaged as the BA lead for the digitisation programme. My first step was a structured process-mapping exercise; I ran facilitated sessions with the Registrar, Finance, and Operations teams to map the complete as-is workflow and identify all handoff points where data could be lost or corrupted.

From the process map, I authored a Functional Requirements Specification (FRS) covering the digital platform: shareholder data ingestion, validation rules, approval workflows, and the reconciliation engine. I worked with the development team during sprint planning to ensure requirements were implementable and testable, and I coordinated UAT with Finance stakeholders before go-live.

  • Facilitated cross-functional stakeholder sessions with Finance, Registrar, and Operations
  • Documented 12-stage shareholder transaction lifecycle from submission to reconciliation
  • Authored FRS covering data validation, approval workflows, and exception handling
  • Defined data validation rules covering KYC verification, subscription amount limits, and allotment calculations
  • Coordinated UAT and sign-off across three stakeholder groups
  • Produced audit trail specifications to satisfy SEC and CBN reporting requirements

04Key Deliverables

  • As-is process map (12-stage shareholder transaction lifecycle)
  • Functional Requirements Specification (FRS)
  • Data validation rule catalogue
  • UAT test scripts and sign-off documentation
  • Audit trail specification for regulatory compliance

05Tools & stack

Process MappingFRSData ValidationUATMicrosoft ExcelStakeholder Management
November cohort full · February 2027 waitlist

Move into IT business analysis with a portfolio, not just a certificate.

All 10 places in the November BA Bridge Cohort are taken. Join the waitlist for the next 12-week live cohort planned for February 2027, built around one real project you can take into interviews.

All 10 November seats takenFebruary 2027 waitlist open
BA-001 · User storyPriority: Must

As acareer changer with transferable skills

I wanta structured, hands-on path into IT business analysis

So thatI can walk into interviews with real work to show

  • A BRD, BPMN maps and a user story backlog
  • A UAT plan and traceability matrix
  • A rewritten CV and LinkedIn profile
Estimate: 12 weeks2 live sessions / week
Next step

Need this kind of clarity on your project?