Achieve 41% it spend savings in consumer finance: Ascendion’s transformation roadmap

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

Capgemini - Business
Ascendion April 17, 2023

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.

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