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REDUCED COST BY 40-50% THROUGH SUSTAINABLE TRANSFORMATION OPERATING MODEL

CLIENT

 

Leading payments bank in Europe, expanding footprint in the UK, US and ANZ, registering exponential growth year-on-year. The client was looking for –

  • Solution to handle unpredictable business volume, driven by expanding business in new geographies and marketing initiatives
  • Variable cost model to support dynamic nature of the business
  • Cultural fitment – speed, agile and flexible

SOLUTION

 

Mphasis helped the client in -

  • Co-creating solution that is highly customized to business challenges and meets client timeline, budget and bandwidth
  • End-to-end services including onboarding, account maintenance, disputes and handling complaints
  • Setting up operating model to handle volume variations and business growth
  • Deliver transformation such as automation and improvement projects to every book of work, through contractual obligation

BENEFITS DELIVERED

  • Cost optimization in the region, of 60% compared to baseline spend
  • Commitment to set-up delivery infrastructure in client geographies
  • Cultural alignment and knowledge management – an essential catalyst to support growing business, through various programs