A top international bank needed to develop analysis to determine performance of card portfolios. The existing reporting was condensed from a 5 day full time process to a streamlined tool that took under one full day to complete. The new portfolios now have standardized reporting that can be presented to executives side by side with like portfolios and they have powerful analysis tools that were previously non-existent. All portfolios in the project have audit compliant documentation and process mapping to allow for an easy transition to any team member as changes in the organization occur.
Strategy recommendations for the new portfolios included elimination of some segments and tightening of credit lines for others resulting in increased NPV of several points in the initial 6 months. The company now has an automated way to review and analyze the portfolios and they were able to incorporate the work into the downsized workforce.
