IT cost reduction at a leading Mexican financial institution, with multimillion-dollar savings

How a leading financial institution in Mexico delivered aggressive technology cost reduction targets on existing contracts, using RD’s IT Cost Reduction methodology.

INDUSTRY
Financial Services
SCOPE
Nationwide (Mexico)
SOLUTION
IT Cost Reduction
OUTCOME
Multimillion-dollar savings (USD)

The Challenge

The institution operated under complex corporate guidelines , with Procurement teams that traditionally negotiated on volume and existing contracts with all its providers.

There was an opportunity to bring greater technical granularity to the analysis of billed items: hundreds of items per invoice, a large inventory of sites and services, unquantified reduction targets, and demand with no standardized governance by profile.

The Solution

RD applied its own IT Cost Reductionmethodology, structured as an exhaustive assessment and three optimization fronts worked in parallel with the client’s Procurement, Technology, and Infrastructure teams.

The three fronts were market references, inventory management, and demand governance. The first savings were captured in the fifth month after kickoff, reflected directly in the client’s invoices.

RESULTS

Multimillion USD

Savings validated in 12 months

Double-digit

% savings over baseline

5 months

Time to first captured saving

Multi-year

Efficiencies committed going forward

3 fronts

Market · Inventory · Demand

SUCCESS FACTORS

Working on existing contracts

Savings captured without waiting for expirations, keeping every provider relationship intact.

A technical, granular view

Line-by-line analysis of each invoice against market reference ranges, not just general discounts.

Governable savings

Reductions in actual rates, sustainable and forecastable directly on the invoice.

Post-project sustainability

Standardized policies and periodic reviews with a multi-year effect.

Institución financiera líder de México (1)

See how RD-IT specialists tackled an IT cost optimization project in a highly complex environment, applying a methodology designed to deliver sustainable results.

How much could your organization save?

RD is a leading IT spend management and optimization consultancy in Latin America, with a results-based commercial model (success fee).