A large retail brokerage and bank gained unprecedented visibility into the total cost of IT investment
A large retail brokerage and bank gained unprecedented visibility into the total cost of IT investment
2 PagesThis large retail brokerage and bank has hundreds of branches, more than a thousand fi nancial consultants, billions enrolled in advisory solutions and provided hundreds of thousands of fi nancial plans last year. Industry: Financial Services Location: United States Challenges • Inability to accurate track total cost of ownership on 100s of technology investments worth over $1M annually • Siloed fi nancial systems drove ineffi cient reporting function • Complex IT fi nancial allocation model was diffi cult to understand • Lack of fi nancial transparency between IT and lines of business • New regulatory requirements drove up costs that needed to be correctly accounted and allocated on a departmental level Benefi ts • 360 (degree symbol) view of technology investments c
