Hear how BNY Mellon revamped its applications portfolio and re-engineered its infrastructure to realize substantial cost improvements, and improve IT transparency, including:
- Their approach and the framework they built to manage this challenge
- The levers they focused on
- Lessons learned from this exercise
- Alex Golbin, Managing Director and Global Head of IT Optimization, BNY Mellon
- Randy Stringer, Managing Director and CFO of Client Service Delivery & Client Technology Solutions, BNY Mellon
The Federal Reserve has been working on an ITFM journey to align its IT service and cost model to support improved business value by highlighting the correlation of performance and risk to cost. This initiative has focused on the creation of a new service framework and service catalog that improves the alignment to cost drivers and consumption of IT services. This discussion will focus on the strategies, approaches and toolsets used to support the advancement of IT financial management within the FRS.
Presentation by Brannon Howle, Assistant Vice President, Federal Reserve Information, Technology
Dell and EMC recently came together in the largest merger of technology companies in history. The resulting company, Dell Technologies, was forced to rationalize many of its legacy applications. This was also true for its ITFM tools: EMC was using one tool, while Dell was using another. Questions of: should the legacy EMC model prevail? Or should the legacy Dell model be used? Or should the merged company continue operating separate systems? After careful analysis, a project was launched to migrate the legacy Dell model to the EMC tool. The complexities were enormous, involving three distinct phases and five separate companies. This session will discuss how the migration decision was made and how the project team was able to overcome tremendous odds to develop a highly effective combined model for the merged company.
Presentation by Clark Robinson, Sr Manager of Data Management and Analytics Tools, Dell Corporation
Capital One’s Technology Cost Transformation: How cost transparency and data visualization is empowering Technology leaders
As one of the top 10 largest banks in the U.S., Capital One’s senior leadership made a prescient commitment in 2010 to shed its traditional brick ‘n’ mortar banking practices and embrace the agile mentality of a technology organization. Recognizing that its customers’ needs were changing, Capital One sought to transform how they deliver software by modeling themselves after the best technology organizations: leveraging open source software, APIs, and agile methodologies; simplifying the infrastructure as the first movers within financial services to start the journey to public cloud; and building the capabilities to leverage big and fast data. Learn how Capital One’s Technology Cost Transformation has empowered Capital One leaders to command control of their technology costs and deliver on all of their technology goals. Learn about how Capital One’s Finance team is leveraging design thinking principles and new data visualization, virtual and mixed reality tools to translate the value of Technology in a meaningful way to transform the banking experience.
Presentation by Keller Denechaud, Senior Director of Infrastructure Finance, Capital One
In preparation for ITFM 2019, we wanted to exclusively share these past presentations with you. Below you will find expert content on:
- Ensuring Your Software Asset Management Program Delivers Value Beyond Plain Compliance: Asif Bhaidu, Program Director, Ogilvy Global Business Technology Group
- Achieving Application Total Cost of Ownership (TCO) in Today’s (Cloudy) Environments: Brian Toba, Senior Manager, Information Technology Services, Deloitte
- Guerilla ITFM on a Budget—Managing Homegrown Budgeting Applications: Pia Wakefield, Financial Planning & Analysis, TBM Lead, Red Hat
- Running the Business vs. Changing the Business: Getting the Balance Right IT: Byron Gregg, VP, Strategy and Planning, Fidelity Investments
- Running IT as a Business: Ed Hoy, Senior Director, Technology Portfolio and Business Management, VSP Global
Ensuring compliance and ensuring that a firm is not under-licensed are often the primary objectives for software asset managers. But license optimization, IT security and implementing processes and policies are just some of the areas in which Software Asset Management (SAM) can save money for companies.
In this presentation, Asif Bhaidu, Program Director, Ogilvy Global Business Technology Group, presents on:
- Understanding issues that bog SAM teams down and their solutions
- Considering implementation, training and process rollout practices for efficiency
- Reviewing and optimizing time consuming transactional License Management
- Examining how to manage complex software licenses
One of the key milestones for an IT Finance organization is to calculate the total cost of ownership for each enterprise application. With the introduction of Cloud technologies (IaaS,
Saas, PaaS, etc), this can be complex to develop financial models in addition to providing apples-to-apples comparisons.
Brian Toba, Senior Manager, Information Technology Services, Deloitte, presents on:
- The complexities of doing Application TCO in today’s environments
- How to leverage other data sources to provide a holistic information dashboard to allow business leaders to make the best decisions based upon all of the facts available
This presentation is geared towards resource-constrained ITFM teams that are challenged by consistent data reproduction. Do you struggle to defend your data because of manual
inefficiencies and cumbersome operational reporting? By focusing on processes, and understanding where data is, you can gain better clarity on how much you’re spending, what
specifically you’re buying, and who benefits from these investments.
Pia Wakefield, Financial Planning & Analysis, TBM Lead, Red Hat, presents on:
- Open-source tools and templates
- Mapping to enrich GLAP data
- Developing a Tooling Roadmap
Transformation is everywhere; in every industry, every business – large and small. But what does it mean for your organization? This presentation will arm you with a framework, tools, and
actionable steps to drive the business, financial, and technology decisions needed to be successful throughout the transformation journey, and it will describe the common pitfalls and
lessons learned at each phase along the way.
Byron Gregg, VP, Strategy and Planning, Fidelity Investments, presents on:
- A Model to help your organization define its desired future state
- A Framework to assess current state; identifying gaps and risk areas
- Metrics to determine transformation progress; including financial tools to determine funding priorities
Companies large and small are undergoing significant transformations. VSP Global has built an effective operating model that drives higher levels of accountability, partnership and
value to the business. View this presentation to understand the value of the IT-as-a-Service model in enabling the concept of Running IT as a Business. Examples are shared on how
VSP built a system to support these key pillars of transformation:
- Service Portfolio (Service Portfolio/Catalog)
- Service Costing (IT Financial Management)
- Service Metrics (Incident, Change, Service Level Management).
Presentation by Ed Hoy, Senior Director, Technology Portfolio and Business Management, VSP Global.