Banking and Financial Services

Enabling Transformation to the Modern Enterprise

How can you fund digital transformation and achieve EBITDA value improvements of 40% or greater, all while increasing the value of your agreements, investments, and relationships?

  • Scroll down to learn more on how we achieve savings to fund Digital Transformation.
  • Click our Modern Enterprise Video and view our presentation on achieving full Digital Transformation.
  • When you are ready to see how much you could save, click on our Savings Cloud Program Calculator, answer a few questions, and see results instantly.
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Learn more and calculate your potential savings instantly:

Modern Enterprise

Watch our video presentation of the Modern Enterprise and transforming your landscape to achieve full Digital Transformation

Savings Cloud Calculator

Calculate your savings potential to fund Digital Transformation Complete a 2 minute survey, and get instant savings metrics based on our nineteen years of Federated Market Intelligence

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Two-thirds of EBITA value improvements will come from cost reductions in your current IT landscape.

Enter NET(net) and the Modern Enterprise: We find disproportionate value and cost reductions within a risk-free engagement model, that pays for itself many times over.

Banks pay a Premium for IT Services – even when they don’t have to. Why?

  • They have a Customer Service focus: creating a positive customer experience is paramount!
  • More government regulation: more rules means more technology to comply with them.
  • Banks buy from a Supplier Oligarchy: too much spend with too few strategic suppliers
  • Insular industry practices: Many banks benchmark their spend to….other banks who are also paying too much!

How do we get it done?

There are four main areas we extract disproportionate value for Clients:

Mainframe Cost Optimization

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IBM – BMC - CA

Legacy IT Optimization

Microsoft – VMware - Oracle

Cloud Cost Optimization

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Salesforce – Workday – ServiceNow and more.

Industry Specific Applications

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Bloomberg - Fiserv - CGI FIS - Temenos

We average 32% Savings and Cost reductions across all categories.

We are the experts’ people in the know turn to:

CEO, Financial Services Firm on Bloomberg:

For a dozen years or more I have asked my financial, operational, and technical folks to cut by half the costs we are spending on Bloomberg, and every year I get the same answer: we can’t, because Bloomberg has a complete monopoly on our trading platforms and the information we need to access to do our jobs successfully. After reading this blog from top to bottom with great interest, you have validated many of my concerns and given me new hope that we can in fact control our Bloomberg costs. We are definitely bringing you in to help us in this area.

Read it here.
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Bloomberg: Can the White Walker Ghouls of Bloomberg be Stopped?

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IBM’s Diminishing Role in the Modern Enterprise

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The Modern Enterprise Program

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Banks and Cyber Security: The Biggest Risk is Loss of Reputation

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Financial Services & Digital Transformation: Nothing to Lose but a Fortune to Gain

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Banks: Four Ways to Save and Reduce Opex Now

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The Case for the Digital Bank

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Infographic: Why and How Banks Pay a Premium for IT

Screenshot_2021-04-05 Pricing Benchmark Reports

How we work with Clients

Savings Capacity Cloud
  • Pick the amount of savings you need using our Savings Cloud Calculator
  • Work with NET(net) on where to aim our Subject Matter Experts.
  • With every completed project, draw the savings from your NET(net) Savings Cloud

Here Are Some of the Clients Who Work With NET(net):

Alianza Fiduciaria-01
Aqua Finance-01
barclays2
blackstone-2
BTIG-01
capitalone-2
chubb
CIG Insurance-01
Element-01
Esure-01
Finance of America-01
FIS-01
fiserv logo
FTSE-01
generali
Grupo Sura-01
Harley-Davidson Financial Services-01
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Hyperion-01
Itau-1
ICBPI-01
ING-01
Incomm
Insurity-01
Intertrust-01
InvoiceCloud-01
Ipreo-01
Kabbage-01
Kensington-01
klarna
Lincoln Intl Logo
Lending Club-01
Lombard-01
London Stock Exchange Group-01
Luminor-01
Morgan Stanley 4
NCB-01
Nelnet-01
Nets-01
Payclip-01
paysafe
PRA-01
QBE-01
Refinitiv-01
SallieMae-01
SEI-01
Stearns Lending-01
Thomson Reuters-01
Thrivent-01
TMF Group-01
UBT
virgin-money
Willis Towers Watson-01
Worldpay-01
XP Investimentos-01
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CapitalOne

As a senior technology executive in a Fortune 500 environment, I’ve worked with NET(net) to optimize my investments with key technology providers, resulting in millions in savings and benefits. NET(net) helped me develop highly optimized multi-year strategies to significantly improve value to my organization. I recommend the services of NET(net) to help any organization maximize the value of its technology investments.

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Lendmark Financial

Know thyself, know thy enemy. A thousand battles, a thousand victories (Sun Tzu). Thank you NET(net) for a great experience. This is our second time being involved with a negotiation and now we're ready for the next with NET(net). Much appreciated.

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National Commercial Bank

Very professional services, and promises are kept!

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Virgin Money

An engagement that provided the appropriate level of expertise to help drive value from our IT contracts, identifying opportunities we had not seen ourselves and providing the driving force and resources to execute against those value creation opportunities. A real benefit in taking a different look at our cost base. Great negotiation skills.

London Stock Exchange Group

London Stock Exchange Group

Fred at NET(net) was very helpful in assisting us to benchmark our proposals to align with market expectations. He worked well to our timelines and was readily available to contact when we needed support.

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Alianza Fiduciaria

We engaged NET(net) to assist us with a move from our ‘in house’ data center(s) to an IaaS Managed environment.  From the very start, we were impressed with the methodology and approach taken by the NET(net) Professional Services team.  After a short review, they identified a process to evaluate and select a solution based on our best financial interests and technical configurations.  With the plan in place, we worked together to execute and negotiate with multiple suppliers at once, never losing focus on our objectives.  In the end, both the planning and execution were key for us in securing a substantial savings, along with terms and conditions that will benefit us for many years to come.  We look forward to working again with NET(net) soon.

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Blackstone

Creating long term value for our investors is a cornerstone of what we do at Blackstone, so it’s only natural that we look for partners that have the same approach to their business. We have found that and more in working with NET(net). NET(net) is continually among our top performing strategic partners in terms of delivering real, measurable cost savings and value improvements throughout our portfolio of companies, helping us optimize our IT spend in our portfolio companies across the globe.