Case Study: a major U.S. bank identifies $2.66M-$3.28M in new opportunities with Grant Thornton LLP

Major U.S. Bank identifies 19 business opportunities worth up to $3.28M with Grant Thornton LLP

The customer, a major U.S. bank, faced a challenge in identifying new municipal payment processing business opportunities due to a lack of accurate data and the loss of a key specialist. This strained stakeholder relationships and hindered the development of revenue models. The vendor, Grant Thornton LLP, was engaged to help identify these business opportunities.

Grant Thornton implemented a solution that included a geo-operational review and the creation of an opportunity matrix. This helped the bank tap into existing relationships and set priority targets. As a result, Grant Thornton identified 19 specific business expansion opportunities with an estimated value ranging from $2.66 million to $3.28 million.