Financial Services

Transforming the financial industry and ways of banking

Become a Digitally Transformed Financial Institution

Financial Institutions are undergoing significant transformations in Agile, Product and Cloud, often with robust and aggressive goals in order to meet the changing demands of consumers and adopt to the rapid pace of technology advancements. The drive for transformation is being driven by:

  • Digital savvy customer expectations are putting pressure on products and services
  • Nontraditional financial services businesses are disrupting legacy operating models
  • Evergrowing regulatory and security concerns are requiring increased investment
  • Exponential evolution in technology is forcing rapid innovation and adoption

Create Transformation Value

xScion Solutions
These factors are driving multiple transformations to the way Financial Institutions operate, bringing a focus on maturing agility, shifting to a Productmindset with Value Streams, leveraging Cloud technologies with migrations, build vs. buy decisions or new Cloudnative builds, and ensuring risk mitigation.

How do you ensure these transformations are delivering value?

You need innovative processes and tooling to understand the Total Cost of Ownership (TCO) and value.

Leverage TBM: Understand your investments in people, process and technologies – and the overarching cost of a product, end-to-end.

Utilize Apptio and other technologies to analyze, optimize and plan your technology spend.

Explore Our Industry-leading Capabilities

Business Agility Maturity

Business Agility

Quickly adapt to market and internal changes.

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Cloud Development

Cloud Transformation

Harness Cloud technologies across your enterprise.

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Business Agility Product Management

Change Management

Drive change and mitigate risks to ensure transformation success.

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Carl Goodman

Financial Institutions face multiple challenges, including customer expectations for more self-service features, a better digital experience and increased competition from FinTechs and online banks. In response, commercial banks are increasingly prioritizing digital transformation initiatives to accelerate their modernization efforts. By implementing new technologies and processes that are crucial for modernization, we work hand-in-hand with financial institutions to Turn Change Into Value®.”

Carl Goodman
Senior Director of Technology Delivery

Find Value With Technology Business Management

Technology Business Management (TBM) is a value management framework developed in response to the inherent differences between traditional and technologybased projects. It transparently communicates the value digital resources provide with their costs in business terms that can be understood from the Finance, IT and Business perspectives.

TBM provides you with a databased shared understanding of IT spending and the value it delivers. With a shared understanding and single source of truth, you can effectively collaborate on the tradeoffs and decisions that arise from value conversations that draw out tradeoffs between cost, consumption, capacity, performance and risk.

Leverage xScion’s Technology Partners

Apptio

Trusted Technology Investment Decisions

Helping organizations understand and visualize their technology costs will improve business outcomes and create lasting value. We partner with Apptio to ensure clients and their teams understand how to develop requirements, use cases and reporting information to get the most of their cost visualization. Learn more about our Partners

Success Stories

Exponentially Improve Analytics and Reduce Costs with Big Data

Learn how xScion helped a financial services company move from their existing data warehouse to a Cloud-based environment to improve analytics performance and substantially reduce costs.

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Scaling Agile with AAMM

Learn how xScion leveraged its proprietary Agile Adoption Maturity Model (AAMM) to assist one of the largest banks in the United States to assess maturity, create a foundation of understanding, build cultural buy-in and train teams for success.

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Product Lifecycle with AAMM

Read how xScion helped a large financial institution to assess its current Product Lifecycle Management (PLM) practices and develop a detailed roadmap to enhance culture, processes and tools for future growth.

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Ready to Turn Change Into Value®?

Our team of experts are ready to help.