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Case Study

Back Office 24 x7 Support Centre for Global Operations

The bank is a major global financial services provider engaged in retail banking, credit cards, corporate and investment banking and wealth management.

The solution

Challenge
  • Bank decided to relocate its global support centre from UK to Singapore
  • While the announcement was made by the bank, the plan to relocate faced headwinds due to some internal mechanism.
  • Bank had a non-negotiable deadline to go-live in Singapore, with very aggressive timelines.
  • The Global Support Centre based out of Singapore was to run on a 24×7 basis.
Services/Solutions Offered
  • Optimum set up a ODC in Singapore and onboarded core team of 25 with a lead time of 4 weeks.
  • The peak size of the ODC was 180 resources.
  • Bank and Optimum SMEs worked closely to ensure that the necessary infrastructure was set-up.
  • The ODC had to go through a security audit and clearance from Bank before Go-Live.
  • The activities managed in the ODC were:
    • 24X7 Level 1 Global Support Centre
    • 24X5 Global Tech Admin
  • Optimum’s leads were responsible for ensuring adherence to SLAs as well as take care of rota for resources.
  • After 16 quarters, the ODC was transferred to Bank, including all the infrastructure and 160+ resources.

Benefits Realized

Bank was able to achieve its strategy of relocating its services from UK to Singapore

Bank realized a cost advantage of having services delivered out of Singapore.

The ODC was transferred back to Bank ensuring there was “0” downtime.