Case Study: Danske Bank achieves 150M€ in savings with SMT Data

Danske Bank - Customer Case Study

Danske Bank, a major banking group in the Nordic region, faced the challenge of establishing a special task force to detect, eliminate, and prevent costs within its highly complex IT operations. To tackle this, the bank engaged with vendor SMT Data and utilized SMT's software to gain the necessary cost transparency and analytical capabilities to identify significant savings opportunities.

The solution from SMT Data provided the task force with a clear overview of IT costs, which enabled precise scenario planning and documentation for management approval. As a result of implementing SMT's tools, Danske Bank's task force realized savings of approximately 150 million Euros, fostered better cooperation between developers and IT operations, and established itself as a model of cost management for other large European financial institutions.

Danske Bank

Niels Simanis

Danske Bank