Financial Services Customer Success Story

Using Essential to Align IT and Operations and Improve IT Support to the Operations Teams

The Client

One of the world’s largest insurance brokers

Highlights

  • Cost reduction through removal of inefficient processes

  • Organisational restructuring based on outputs

The Challenge

 Context:

Providing clarity to the COO on the use of IT across Operations and its effectiveness in supporting Operations.

The Solution

Used Essential views to highlight results:

Captured the operational model into Essential, including people, skills, processes and revenues supporting, and mapped the IT landscape against that model, covering applications, infrastructure and costs across those. A mix of Essential views and outputs from Essential presented in PowerPoint were used to communicate the results.

The Outcome

Key Achievements:

  •  Identification of solutions that were costly compared to the revenues they were supporting, leading to a rationalisation programme to remove costly technology
  • Visibility of the resources across Operations showed some processes were over-resourced, leading to a restructure of teams for improved effectiveness
  • EA and Operations became closely aligned and implemented a continuous monitoring process for

    change going forward to identify issues and opportunities as early as possible

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