A Leading Global Bank Saves Big On Workspace Costs

A Leading Global Bank Saves Big On Workspace Costs

Leading Global Bank Saves Big On Workspace Costs

About the Client:

The client is a leading global banking and financial services company with more than 1,00,000 employees, and a large presence in about 70 countries in Europe, the Americas, Asia-Pacific and other emerging markets

The Challenge:

The bank had a major strategic initiative to cut mounting operational costs, especially Corporate Real Estate Costs (CRE). They needed a best-in-class data analytics solution that would provide a consolidated view across all CRE areas such as workspace, property, lease, capital projects, etc.

The Solution:

Hexaware partnered with the client to provide an end to end solution from consulting through implementation. Hexaware adopted a top-down approach to ensure alignment to their corporate vision.

The Value-Add:

  • Simplified Application portfolio by reducing no. of applications from 152 to 68
  • 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 in reporting and analytics for business users across the board
  • The CRE analytics contributed significantly to cost savings of over EUR 300 million

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