Transformation roadmap delivered with 41% IT spend savings for a leading consumer finance bank

A leading consumer finance bank couldn’t adapt or transform its IT operations for a few reasons: inflexible legacy applications, high costs for on-premise equipment, plus manual processes and expensive people costs.

Ascendion’s due diligence using the Pathfinder framework helped the client identify optimization opportunities to save 41% costs over three years. The framework generated a value hypothesis across fit-shoring opportunities to reduce:

• Operational costs by 60%
• Process debt by 15% with automation and agile adoption
• Technology debt by 11% through immediate legacy modernization opportunities
• Licensing costs by 8% through cloud transformation
• Hardware consolidation and elimination by 6%

In addition, Pathfinder helped develop a unified application architecture, debt heatmaps across technologies and applications, cloud transformation, and a vendor consolidation opportunities roadmap.