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Maturity Assessment To Support Bank's Strategic Goals

Tuesday 23 November, 2021

Coeus helped a UK bank's leadership team to assess their current state IT architecture to support strategic business goals.

 

 

Challenge


The client, a financial services organisation, was undertaking a strategic review of its business and recognised that technology would underpin its strategic aspirations.

The client also found themselves struggling with a high cost and slow pace of change which impeded its ability to respond to customer needs.

Coeus was engaged to undertake a review of the bank's architecture as a precursor to developing a target state architecture which would support the eventual business strategy.


Approach

Coeus performed a review of the business capabilities, developing a baseline model which was validated through a series of collaborative workshops with internal teams.Current state architecture and interfaces were reviewed to identify key technology risk areas and a flexible target-state architecture was developed.Additionally, a cost baseline was established to provide transparency around the bank's application and infrastructure spend.A series of observations and recommendations were outlined to help provide priorities and focus for developing the target state architecture.

Benefits

The client was provided with a clear view of current state architecture, identification of risks and recommendations on areas to address in the future state architecture development.

A cost model allowed the bank to understand current baseline costs, identify areas of consolidation and further, targeted investigation and assessment.

View our Architecture capabilities here.

View our capabilities in Financial Services organisations here.



 

 

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