Case Study – Fortune 100 Financial Institution
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Technology Value Optimization

By accelerating efforts to modernize some of the company’s legacy mainframe-based platforms, the team identified opportunities to reduce development and QA headcount by 20-30%.

Overview

Given recent disruptions with FinTech innovations in the financial services industry, a Fortune 100 financial institution wanted to address inefficiencies in its technology delivery model. Liberty was engaged to assess the current landscape and identify a path forward to improve time to market.

The Business Problem

To succeed in a changing competitive landscape, the global credit card & payment provider must be well positioned to rapidly introduce new products and develop leading digital capabilities. This new digital-based model is in high contrast to the company’s traditional application-centric development approach.

The Outcome

Liberty partnered with the global credit card & payment provider’s Technology Value Optimization team to conduct an assessment of the technology organization’s readiness to deliver next generation payment products and digital capabilities. Many recommendations improved efficiency and resulted in identified cost savings. For example, by pursuing a cloud-based infrastructure provisioning approach for development and test environments, the team identified a minimum of $2M in annual infrastructure savings.

$2

Million

Annual Infrastructure Savings

Increased Operational Efficiency

  • Cloud Infrastructure - The team was able to utilize cloud technology to reduce costs of operating infrastructure
  • Agile Development - The client team was not fully leveraging an Agile delivery model. The Liberty team suggested a series of modifications in order to increase velocity and reduce time to market
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