A global top-tier bank

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Optimising project analytics and performance to quantify ROI and deliver cost savings

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BUSINESS CHALLENGE

A global top-tier bank experienced difficulties quantifying achieved vs. planned ROI in relation to its vast portfolio of projects. With costing decisions based around inconsistent, inaccurate data derived from numerous sources in multiple formats, executives were unable to adequately track project spending or assess the successful achievement of project objectives in terms of benefits and savings.

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SOLUTION

A global top-tier bank experienced difficulties quantifying achieved vs. planned ROI in relation to its vast portfolio of projects. With costing decisions based around inconsistent, inaccurate data derived from numerous sources in multiple formats, executives were unable to adequately track project spending or assess the successful achievement of project objectives in terms of benefits and savings.

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OUTCOME

The increased visibility of accurate, reliable data on costs and outcomes transformed and optimised ROI tracking for all new projects, leading to more constructive data analysis and enhancing internal decision-making processes. As a direct consequence, headcount expenditure was reduced by 15%, equating to millions of pounds in overall cost savings across the bank’s project portfolio.

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