Investment Bank Investor Presentation
Section 3. Realistic plans to deliver on commitments
...and by enhancing efficiency
Initiatives
Enhancing
front-to-back
efficiency
•
Right-shoring
Automation and simplification: Enhancing front-
to-back processes by the use of technology
De-duplication: Increasing standardisation of
cross-product and cross-function platforms with
single sources of both reference and transactional
data
Trades processed per Ops FTE
+20%
Estimated
gross saving
£100 -
150m
Achieved to date: Intensive right-shoring
programme started in 2011, with 2,000 roles already
transitioned from high cost locations up to the end
of 2012
Plans ahead: We are further accelerating this shift
with plans in place to move a further 4,000 roles by
2015
39 | Investment Bank Investor Presentation | 28 June 2013
2012
2015
Infrastructure headcount in medium
and low cost locations
2012
2015
+38%
+49%
+200%
£200 -
250m
IT
Operations Other Infra.
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