Case Study: Al Rajhi Bank accelerates project approvals with Broadcom Clarity

Al Rajhi Bank - Customer Case Study

Al Rajhi Bank, one of the world's largest Islamic banks, faced significant challenges in managing its project approval process. With hundreds of projects proposed annually, the bank was relying on spreadsheets and disjointed templates, which resulted in a lack of oversight, inefficient resource utilization, and slow approval times that hampered its digital transformation. To address this, they turned to Broadcom and implemented its Clarity solution with the assistance of partner Ignite Technology.

By implementing Broadcom's Clarity, Al Rajhi Bank achieved a complete transformation of its project governance. The solution automated the end-to-end process, enabling approvals to be completed in an average of just three days. This led to a dramatic increase in efficiency, with the number of business cases approved in the first quarter jumping from 28 to 117 year-over-year. The leadership team now has real-time visibility into all projects, and staff are freed to focus on delivering greater value, marking a major step in the bank's digital journey.

Al Rajhi Bank

Jamie Wallace

Business Development Director