A March 2017 Total Economic Impact™ (TEI) study conducted by Forrester Consulting on behalf of Galvanize uncovers the potential ROI for a HighBond user in the financial sector.
To better understand how the HighBond platform has impacted a real customer, Galvanize commissioned a third-party research company to conduct a study to measure the benefits, costs, and tangible value of the HighBond platform. Forrester Consulting found that a US-based international bank realized a number of financial and efficiency gains using the HighBond platform.
Key findings:
- An ROI of 391% (over three years).
- Up to $248,063 of new annual income attributed to improved decisions with better data visibility.
- Ability to reallocate two full-time audit employees to under-resourced areas.
- Annual resource and consulting savings of $532,000.
- A 25% reduction in the time it takes to complete audits.
