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Case Study
 

Robust Metrics Digitization program for large financial institution speeds performance measurement

The Challenge The Solution The Benefits
Patni's Process Consulting expertise enables a robust digitized program for metrics collection, measurement and data warehousing.

The Client

The client is one of the largest financial institutions in the world. Patni is associated with the client in delivering software projects and process improvement solutions to their various divisions.

The Challenge

The client restructured their IT services division on functional lines and wanted to monitor the success of the restructuring. They planned to use metrics to measure the month-by-month performance of the various groups, based on the Critical Success Factors defined for each group. The main objective of the Metrics Digitization program was to identify Key Performance Measurement Metrics for each Critical Success Factor and digitize the metrics generation process.

Key challenges of the project were:
Using the existing data collection mechanism to present a unified metrics representation of the restructured organization, ensuring due consideration of people and process-related issues.
Recommending and implementing a data warehousing tool, providing various cuts and dices, as required, to various stakeholders.
 

The Solution

Patni's role in consulting on the Metrics Digitization program, carried out onsite, involved:
Comprehensive study of existing metrics definition, including:
–Evaluation of data capture mechanism, covering issues with respect to People/Process/Tools
–Identification of the CSF for metrics digitization
–Identification of Day1 metrics
Analysis of metrics digitization requirements
Evaluation of alternate solutions
Requirements specification for metrics data warehousing.
 

The Benefits

Maximum extraction of best practices from existing process, technology and data collection mechanism, ensuring minimal hampering of day-to-day operations
Enhanced performance measurement and speedier monitoring of progress through use of metrics
Successful mapping of Day1 metrics to Critical Success Factors, achieving business objectives.
 

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