Credit Suisse, one of Europe’s oldest banking institutions, is a global financial services firm that employs over 45,000 people and currently manages assets with an aggregate value exceeding CHF 1.5B.
Over the years, the bank has come to rely on an expansive network of third-party supplier partners to outsource its IT, KPO, BPO, and facilities management requirements.
However, Credit Suisse's IT landscape was siloed, comprising multiple point solutions. This prevented them from getting a unified view of vendor contracts, their deliverables, timelines, and performance. To remedy the situation, the banking major chose to partner with SirionLabs and use the SirionOne CLM platform to integrate and standardize its vendor management practice and:
However, Credit Suisse's IT landscape was siloed, comprising multiple point solutions. This prevented them from getting a unified view of vendor contracts, their deliverables, timelines, and performance. To remedy the situation, the banking major chose to partner with SirionLabs and use the SirionOne CLM platform to integrate and standardize its vendor management practice and:
- Gain 360-degree visibility into its supplier base
- Automate regulatory reporting
- Demonstrate value from strategic relationships
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