Budapest Bank significantly reduced its operation expenditure through efficient vendor consolidation. Budapest Bank is one of the top commercial banks in Hungary, providing the full range of financial services to consumers and corporations.
Challenge
To maintain a competitive edge and ensure support for mission-critical financial products, BB needs to simplify its highly complex network of business applications and its heavily fragmented IT vendor landscape.
Solution
Strategic vendor consolidation based on a comprehensive assessment and complete retro-documentation of the legacy supplier landscape by Capture. A scalable solution tailored specifically to the needs of our client.
Results
An overall IT op-ex reduction of 30% from the second year on, accompanied by reduced operational risk and the client’s reinvented ability to go to market faster with new consumer finance products.