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Coeus have recently helped a financial services company to asses strategic technology investments with confidence. Read more on how our expertise addressed board level concerns in an expedient manner.

Infrastructure Review for Financial Services Organisation

Background
The organisation’s IT department had proposed an infrastructure solution across a number of projects and initiatives. At a high level the goal was to support two strategic projects, ‘Open Book’ and ‘Closed Book’, migrate all existing test and development environments and virtualise the Oracle infrastructure to improve performance and reduce costs. Whilst the organisation’s IT department were comfortable with the proposed solution from IBM, they sought an independent technical and commercial review from Coeus to support executive decision making.

Approach
Given the aggressive timescales required, Coeus conducted a rapid review of the technical proposal including:

  • Longevity
  • Scalability
  • Capability
  • Capacity
  • Suitability

The technical assessment required documenting the requirements of the solution for the first time, which had not been formally captured due to the evolutionary nature of the project, allowing a formal assessment not previously achieved.

Coeus also used its knowledge of infrastructure providers and the market to conduct an independent commercial assessment, providing key external pricing benchmarks.

Outcomes and Deliverables

Within very short time scales the Coeus team provided:

  • Documented technical requirements
  • Technical and commercial assessment
  • Executive presentation and review

Benefits

Documenting the requirements for the first time allowed the organisation to formally review the technical solution and confirm the fit. The commercial assessment also highlighted 10% cost savings that could be achieved through further negotiation in specific areas identified by the review.

Critically the review allowed the organisation’s IT to confirm the technical and commercial solution providing sufficient confidence to support executive decision making and secure funding.

about the author

Ben Barry

Ben is an experienced business and IT transformation professional with over 20 years in consulting and management. He has coached and led senior clients on strategy development through to transformation and benefits delivery.

Email: info@coeusconsulting.co.uk

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E-mail: info@coeusconsulting.co.uk

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