Financial Services IT Challenges

Hidden waste can total millions of dollars annually.
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The Financial Services List
Financial institutions are facing existential challenges today due to regulatory reform, market turmoil, and constant technological advances. These challenges are forcing many to rethink business strategies and identify new ways to stay profitable.

Here are a few of the challenges BLC will help you overcome:

  • Legacy systems and outdated agreements
  • Increasing number of mergers and divestures
  • Loss of learning due to turnover
  • Challenge to do more with less

Where Do Savings Come From?

Optimizing Licenses40%
Consolidating Platforms25%
Vendor Negotiations20%
Overpayment Recovery15%
We at BLC are Technology Resultants specializing in the world of cost cutting and technology life cycle management. Our approach fits almost any challenge, and is derived from years of experience in a variety of industries.    BLC’s clients save between 10-40% of their recurring IT spend. We have extensive experience with your largest technology vendors with over $300 million in savings delivered.