Success Stories

New York Bank Cuts Software Costs with CPT Global's Strategic Optimization

Written by CPT Global | Jan 13, 2025 1:15:00 PM

Challenge 

A global bank based in New York faced steep software costs due to price hikes for CA/Broadcom products. Early attempts at cost reduction failed to meet their goals. 

CPT Global’s Actions 

  • Partnered with the bank to create an ROI-driven strategy for phased removal of CA/Broadcom products within their existing 3-year license. 
  • Led vendor negotiations, developed RFPs, and coordinated with other organizations to secure better pricing. 
  • Built a go-to-market strategy with strong business-case backing. 

Results 

  • Achieved significant cost savings through phased software removal and renegotiated pricing. 
  • Reduced reliance on CA/Broadcom products, optimizing the bank’s software footprint. 

CPT Global's collaboration and strategic planning helped the bank cut software costs effectively while optimizing operations.