Technology

Cambrian's management consultants have extensive experience providing technology analysis and solutions for Financial Services firms, including:

  • Technology Strategy
  • Product Reviews
  • Implementation
  • Application Analysis

For an example of a recent technology engagement:

Case Study

Client Challenge

Our client is a global universal bank that had grown dramatically through acquisitions in the US and abroad and now has operations in 32 countries. By 2009, the firm had over 100 data centers and 3,000 applications, costing over $6bn in annual operating costs. During the credit crunch, there was a significant focus on reducing costs.

Cambrian Approach

We worked closely with the client's project team to manage the design and implementation of an enterprise software tool that enables business process analysis, impact analysis, and risk analysis for a global universal bank covering their capital markets, credit card, retail banking, wholesale banking and mortgage operations. This initiative required agreement on business requirements, prioritization of functionality, sequencing of roll-out and management of the risk across multiple business units. In addition, this project required a detailed analysis of the existing application portfolio and interfaces, with their associated characteristics — upstream and downstream systems, business criticality, functions, costs, data feeds, hardware, disaster recovery/fail-over response times, storage and stability.

Business Results

We worked closely with the client and application vendor to prototype and launch the solution across all business units, which will enable the decommissioning of hundreds of applications and save tens of millions of dollars. This solution will also enable the business to determine the impact of new initiatives and reduce project risk while speeding up implementation timescales.

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Contact Us

Phone: (917) 267-9007
info@cambrianconsulting.com