CASE STUDIES ABOUT US CAREERS CONTACT US

Satori orchestrates change; we deliver insight, add clarity and align business objectives to yield results. We go beyond the obvious and search for innovative solutions, working side-by-side with our clients to implement them.

Managing post-merger integration

We provided the project and program management expertise and tools that enabled our client to successfully complete a major integration effort and improve its market positioning.

The Situation
Our client, a major European bank group, had recently acquired competitor in the Americas. A smooth transition required reorganizing wholesale and retail business lines, separating client data and application systems, and disentangling various legal entities, all while simultaneously integrating the acquired businesses, replacing application systems, consolidating data center infrastructure, and ensuring that employee talent would be retained.

The Satori Solution
We implemented project and program management processes that tracked costs, milestones, and benefits triggers, highlighted key issues, and facilitated mitigation plans. These processes were supported by a controls framework that promoted program discipline, provided timely, accurate, and consistent information flows, and ensured compliance with audit requirements. Additionally, our comprehensive reporting mechanisms delivered both regular and ad-hoc reports to a variety of stakeholders, including program sponsors, executive management, and external financial services authorities.

The Results
The separation and integration efforts realized significant annual run rate cost savings. Moreover, the client was able to simplify its organizational structure, add new customers to its portfolio, sensibly transfer human capital to the combined organization, consolidate its data center footprint, and achieve700 headcount synergies.