Whether you are preparing for, undergoing, or have just been through a transformation, we can assist at every point in the project lifecycle.
Any change is hard but digital transformation comes with its own set of pitfalls and challenges. There are many ways to execute digital transformation and there is no one-size-fits-all approach and we will work with you to establish the most appropriate operating model that works best for your organisation.
How TORI Can Help
- Undertaking reviews of existing Platform and Architecture and benchmarking them against the competition and industry trends
- Developing a holistic cloud and Application Transformation and Migration Management strategy
- Assessing whether your application rationalisation programme is fit for purpose and fully optimises the technology deployed
- Reviewing in flight technology programmes to provide oversight, health-check and progress reports and cost optimisation / budget control
- Providing turnkey Technology Consulting & Delivery services for new IT or Digital Programmes
- Managing the development and build of bespoke software and system solutions
- Highlighting business insights through advanced BI & Data Analytics
- Providing subject matter experts (SMEs) and building dedicated teams and expertise for UX Engineering projects
Most organisations are faced with one of more of the following challenges:
- Senior Management does not have full visibility of overall costs across the Business functions making strategic decisions challenging or even impossible
- Minimal understanding and control of acquisition costs, operating costs and resources costs across the business functions
- Increasing Third-Party Supplier costs
- Lack of associated tools or processes to identify key Technology Costs
- Increased Legacy and Technical Debt
- No overall Cost Control Governance
- Minimal Management Information even for departmental attributable costs
20 September 2023
The rise of digital companies over the last two decades has forced traditional organisations to rethink their operating models to achieve the required levels of agility, customer experience, and flexibility. As the market is showing increased interest in digital assets, Start-ups and early investors have created enormous value in the unregulated cryptocurrency market, while businesses in the enterprise space have adopted technologies developed and tested in the market and applied them to payments and settlement, record keeping, securitisation, and trading.
11 March 2023
The Society was undertaking an ambitious digital transformation programme that formed a core component of its long-term business strategy to attract new members.
02 March 2023
The UK is preparing the ground to enter the world of digital assets. The Bank of England (BoE) has recently published a digital pound consultation paper related to digital currencies and exchanges, in line with actions taken by other European Countries, and in particular, EU member states (MICA).
Following on from an initial piece of work related to Vendor Cost Optimisation, the client needed further alignment with in-scope products to compile a robust execution plan across technology and business functions for the decommissioning of its legacy platforms.
20 December 2022
Following aggressive M&A activity, the client one of the UK’s largest independent financial services companies encountered several issues.
A Global Investment Manager, and amongst the largest in the world with c£400 B of Assets under Management (AuM) had grown through multiple mergers and acquisitions. The client had been running a Cost Optimisation initiative for 3 years to reduce costs which failed to achieve its desired goals; they were seeking external expertise to help uncover deep-rooted issues.
11 October 2022
The Society established an ambitious plan to transform its view on data management and the technology stack that supports its operations. Senior stakeholders were concerned how the organisation would achieve those plans in the short to medium term. Our client requested TORI to perform an assessment of the IT Strategy Review to identify any potential risk or threats.
04 February 2022
Heraclitus once wrote, ”The only constant in life is change.” No truer statement has been made, and this is equally applicable to strategic enterprise-wide transformations, which are no longer an option but a business imperative to remain competitive.
07 January 2022
The rise of digital companies over the last two decades has forced traditional organisations to rethink their operating models to achieve the required levels of agility, customer experience, and flexibility.
08 November 2021
The pandemic has accelerated digital transformation across all industries (even faster than the CIO agenda), forcing organisations to quickly move key processes to digital environments to retain some level of activity during the disruption.
19 August 2021
The Financial Stability Report, published by The Bank of England in July 2021, presented the Financial Policy Committee (FPC) view that additional policy measures are required to mitigate financial stability risks for Financial Service companies using Cloud service providers.
The client needed to consolidate their Data Centre (DC) estate, optimise their application portfolio and relocate to new facilities.
As organisations attempt to maintain a level of productivity as the COVID-19 pandemic continues, working from home is the new reality for many businesses.
13 December 2019
An international FTSE-250 consumer finance business engaged TORI to develop a data strategy with the aim of ensuring regulatory compliance of their corporate data.
04 July 2019
Through the use of technology and innovative business models, FinTechs have triggered significant disruption in Financial Services. With such potential for disruption, it is always a good idea to scan ahead to see what may be around the corner.
20 February 2019
Most IT Services managers generally believe they are doing a “good job”. That is until a long-term customer suddenly not wanting to do business with them any more and plans are underway to move to a new provider. At this point, it is perhaps too late to ask the customer whether there are any issues that need addressing or what requires improvement.
15 February 2019
Enterprise data volumes are growing exponentially. Legal and regulatory pressures have driven an approach that retaining data is a significantly more palatable solution than the risks associated with removing it. With storage always seen as relatively cheap, volumes have been allowed to grow.
22 November 2018
In the face of the never-ending deluge of bleeding-edge ‘solutions’ to address all business woes, how do you make sense of it all and more importantly, how do you determine the what, how and why?
17 October 2018
AI is a general term which describes any technology that performs tasks which demonstrate characteristics of human intelligence. Machine learning is a subset of AI which can achieve ‘intelligence’ with the use of algorithms to ‘learn’ with data, without being explicitly programmed.
06 September 2018
In the infrastructure, world storage has for many years been treated as an exception when it comes to cost. Its share of the IT Budget has historically been relatively small, and it has always appeared too hard to get a grip on: storage is complicated, it is difficult to have direct impact, and there are always other priorities.
06 June 2018
IoT? AI? RPA? DLT? XYZ? Ok, we made the last one up… but the point is that IT leaders need to constantly assess the benefits of new technology in the context of the businesses they serve. Cloud strategy is no different. Which is better – private, public, hybrid or none at all?
16 May 2018
In this age of rampant digitisation, there is a heavy focus on the Customer Experience (CX): Omni-channel strategies; customer-centric design; Single Customer View; frictionless customer experiences – just some of the concepts we read and hear so much about.
06 April 2018
Chasing the pack is not always the right decision to make, as reaching ‘optimal’ in all dimensions may not necessarily maximise return on investment or justify the level of internal disruption required to get to that point.
The TORI team have combined their significant experience and expertise in Wealth Management, Insurance and emerging technologies to look at the current digital capability across these industries.
Our client a leading UK Investment & retail Financial Services firm faced numerous challenges around vendor governance, policies and process alongside a wider remit to reduce overall spending on IT by 20-30%.
A Tier 1 global investment bank with clients in over 100 countries and assets of $2.3 trillion, wanted to identify a strategic partner to assist in the delivery of a standardised and highly virtualised technology platform and the operation of its core IT infrastructure services.
Customer & User Experience
Developing digital products and services that stand out from the crowd and are intuitive to use has always been a critical success factor in winning new customers.
Data Analytics & Visualisation
Analytics is the practice of examining large (and varied) datasets to unlock hidden knowledge and patterns in customer behaviour, market trends, operations, and risks, which can power decisions for growth and improvement.
Strategy & Innovation
Ensuring that the digital strategy focuses on the right business areas and that the operating models are aligned to the strategy, is critical for success.