Credit Suisse Risk Organization Strategic Goals and Performance
Consolidation brings further structural cost opportunities
CHF 200 mn in 2023
(x)
Centralization has created transparency on areas of duplication
New hiring guidelines in place
Governance in place to avoid duplicative work
✓ Decommissioned 6%+ of applications in last 12 months.
ETTI
Gol
Began to automate extraordinary amount of manual work
Renegotiated commercial terms with third party providers and
established firm-wide terms
Making the developers we have more productive
Commenced a firm-wide agile rollout to streamline delivery
Fewer change teams
...and additional CHF 400 mn in the medium term
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口
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Lean, agile, technical, accountable organization
Contribution-based rewards model
More meritocracy, less hierarchy
Highest value work performed in-house - knowledge retained
✓ Platform-driven scale and resiliency
Building out desired end states
Cloud-native build solves duplication and data fragmentation
Consolidate and exit data centers
Site Reliability Engineering mindset reduces Run the Bank
Stringent portfolio prioritization and automated governance
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Footnotes are an integral part of this presentation. See slides 62-67 in the appendix of this presentation for detailed information, including
important presentation and other information relating to non-GAAP financial measures, and defined terms.
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