Did you miss some of the great financial services customer success stories Cisco produced in 2023? These stories are a testament to clients achieving their goals with Cisco at their side. The stories… Read more on Cisco Blogs
Did you miss some of the great financial services customer success stories Cisco produced in 2023? These stories are a testament to clients achieving their goals with Cisco at their side. The stories cut across institutions, big and small, geographies and architectures.
Below is a short summary of all the new 2023 financial services customer success stories. If you want to learn more about them, then click the title to read the full story. These are in English but occasionally we do have stories translated into other languages or completed in another language solely. Also at Cisco conferences and events we often have customers present but unfortunately most of the time these presentations are not turned into formal customer stories, but alas we have the following new 11 stories from 2023.
2023 Financial Services Customer Success Stories
Deutsche Börse Group, an international exchange organization, manages around 150 IT applications covering the entire financial market transaction process. During the COVID-19 pandemic, they utilized ThousandEyes to identify user connectivity issues for remote workers and resolve denial-of-service attacks. As a pioneer of digital transformation, the company is moving more business processes to the cloud, aiming to be among the first European companies to have a core financial system cloud-based.
To achieve its digital strategy, Banco Millennium Atlântico replaced their legacy infrastructure with Cisco HyperFlex Systems, significantly improving management, security, flexibility, and scalability. The switch allowed ATLANTICO to consolidate servers and racks, saving costs and space, while also enhancing performance and redundancy across their data centers. This simplification allowed staff to focus on strategic initiatives like application development and cloud operations, and enabled the creation of a private cloud with self-service capabilities.
Solution: Full-Stack Observability
First Abu Dhabi Bank (FAB), the UAE’s largest bank, prioritizes customer-focused services and progress. FAB embarked on a digital transformation, leveraging Cisco’s AppDynamics and ThousandEyes to monitor 180+ applications, significantly boosting service availability and reducing downtime. Their shift towards a DevOps mindset aims to enhance customer experiences further, emphasizing proactive monitoring and fostering a culture of continuous improvement.
BNP Paribas Personal Finance has improved its customer service quality by using Cisco AppDynamics to monitor and optimize its loan application process. The solution provides visibility across more than 50 IT workflows, allowing the team to identify and resolve issues five times faster than before. As a result, the bank can maintain its standard of processing and responding to every customer’s request in 30 seconds or less, even during peak demand periods like Black Friday.
First PREMIER Bank partnered with AppDynamics and Xigent to monitor their banking and corporate websites and troubleshoot online, mobile, and call-center experiences. This initiative has resulted in improved visibility of IT performance and quicker problem resolution, transforming their IT operations. Notably, it has also led to enhancements in the bank’s website, call centers, and the successful relaunch of its mobile app. Moving forward, PREMIER plans to extend this visibility to its cloud environment.
Solution: IP telephony
AIA China, with offices across the country, switched to IP telephony from traditional phone systems for cost-effective communication. Initially, they faced issues with outdated software and slow updates from a different vendor. Evaluating their needs, they turned to Cisco for cutting-edge, regularly updated technology and improved support. The transition to Cisco also significantly reduced costs. Amid pandemic-induced remote work, the Cisco solution supports a flexible hybrid model, enhancing user experience and further saving costs, prompting consideration of permanent hybrid work.
NEXT Insurance, a leading digital insurtech company, enhanced its IT infrastructure by integrating Cisco Meraki, overcoming issues with slow Wi-Fi connectivity. The technology provided stable wireless connections, remote maintenance capabilities, improved security, and significantly reduced in-office internet connection issues. The ability to perform remote maintenance saved thousands of hours, and the system’s stability improved productivity and employee satisfaction.
Solution: Webex suite
Broadridge, a global fintech provider, has streamlined its hybrid work transformation using the Webex Suite to create a remote-first work environment. This has enabled seamless collaboration, improved user experiences, and significant cost savings. The company also leverages Webex’s artificial intelligence capabilities for real-time language translation, enhancing diversity, equity, and inclusion. With the help of Webex Control Hub, Broadridge can track system performance and provide valuable metrics to its leadership team.
JazzCash, Pakistan’s largest digital wallet, uses Cisco AppDynamics to monitor its services. The observability solution enables JazzCash to analyze data across its entire stack, improving user experience and business performance. It helps the company identify patterns, trends, and anomalies, enabling quick issue resolution. Furthermore, the tool allows JazzCash to track end-user journeys and develop new offers and promotions. As a result, JazzCash has not experienced any glitches and downtime has been virtually eliminated.
Mitsubishi UFJ NICOS has improved its customer-facing application performance and automated reporting processes using AppDynamics. The solution allows the company to easily monitor application performance, analyze performance issues, and manage system operations more effectively. By providing real-time visibility into application performance, the system has streamlined collaboration between the operation and development teams. The company plans to further expand the use of AppDynamics to gain more insights into customer service usage and business impacts.
Solution: Webex CPaaS
This UK High Street bank wanted to incorporate Facebook Messenger into their contact center’s customer support strategy as the customer experience journey through the contact center was pivotal. Webex CPaaS solutions helped reduce call volume and increase positive feedback all while allowing customers to get instant support through one of their favorite messaging channels.
There’s more to customer stories
For all the financial services customer stories plus other industries check out the full customer story listing. Also view these stories in application in the Cisco Portfolio Explorer to support use cases.
If your institution feels invigorated to share how a Cisco technology has improved your business then reach out to your account manager or partner to get into contact with us about customer success story options.
Here is a summary of the 11 customer success stories published in 2023. These stories are a testament to how Cisco has helped clients achieve their technology goals. The stories cut across institutions, big and small, geographies and architectures. Read More Cisco Blogs