A Leading Bank Saves Big On Workspace Costs

A Leading Bank Saves Big On Workspace Costs

Leading Global Bank Saves Big On Workspace Costs

Hexaware performed costs analysis for one of the largest global banking and financial services company wanting to reduce their operational expenditure where a significant expenditure was incurred on the Corporate Real Estate (CRE) cost. An integrated enterprise data model was designed encompassing all the functional areas and the number of applications were reduced from 152 to 68 from their landscape, contributing to the simplification of their IT application portfolio.

Key Benefits:

  • The solution enabled an authentic and acceptable measurement of Total Cost of Occupancy and other strategic metrics through demonstrated data lineage and transparency of calculations
  • Enabled self-service reporting and analytics for business users across the board
  • The CRE analytics contributed significantly to the cost savings of EUR 300 million delivered by CRE division in the first year of operations

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