New Technology Assessment

Client Need: A $10 billion multi-bank holding company was considering new technology, but wanted independent, tangible quantification of the savings anticipated by converting to a new suite of systems.

Solution: Current workflows were documented from which streamlined workflows, enabled by the new technology platform, were proposed and savings were calculated. All savings projections were reviewed and validated by client management.

Results: Annual savings in excess of $2 million was identified from conversion to the new technology platform. Proposed streamlining also resulted in improved processes, cycle times and customer service delivery.