Use Case: Enhancing IT Service Management (ITSM) for Tier 1 Banking
Industry
Financial Services
Challenge
A Tier 1 commercial bank faced significant operational inefficiency due to a non-ITIL compliant ITSM tool. The lack of visibility into ticket status and the absence of controlled change management resulted in a "black hole" for user requests and frequent unplanned outages.
Results
By adopting ITIL practices and establishing a Change Advisory Board (CAB), the bank improved operational efficiency, empowered users through self-service knowledge management, and created a resilient infrastructure that ensures uninterrupted banking services.
Key Product
CPM
Overview
Cybervergent is a comprehensive solution designed to enhance security, compliance, risk, and privacy management for organizations.
With both on-premises and cloud capabilities, it seamlessly integrates with third-party APIs, platforms, and systems.
Cybervergent helps with data protection and governance to ensure that organizations meet global regulations while maintaining operational efficiency.
The Challenge
A prominent Tier 1 commercial bank recognized that its IT service delivery was a big obstacle to ensuring uninterrupted banking services. Historical issues had led to widespread user dissatisfaction and inefficiency. The bank was using a "one-funnel" system for all IT interactions, meaning incidents and service requests were lumped together without differentiation.
In the high-stakes banking sector, IT reliability is synonymous with business continuity. However, the bank’s non-ITIL compliant tool created a "black hole" for user tickets. There was zero visibility into ticket status, making prioritization impossible. Management lacked statistical, fact-based information on service performance, leaving them unable to make data-driven decisions.
The most critical failure was the absence of controlled change management. Changes to the IT environment were made without proper oversight, directly resulting in unplanned outages and inefficient troubleshooting. This instability threatened the bank's ability to serve customers and maintain its reputation for reliability.
The ITSM Solution
The Cybervergent Platform helped the bank embark on a journey to adopt and adapt best ITIL practices to transform their service management, such as:
ITIL Framework Implementation: Focused on implementing core ITIL processes including Incident Management, Problem Management, Service Level Management, and Request Fulfillment to structure IT operations.
Change Advisory Board (CAB): Established a formal CAB to ensure the coordinated, risk-assessed implementation of all IT changes, enhancing communication with stakeholders and preventing conflict-induced outages.
Knowledge Management & Self-Service: Initiated a knowledge management process to develop a repository of "how-to" documents and standard solutions, empowering users to resolve simple issues via self-service and reducing the burden on IT support.
Process Differentiation: Established distinct workflows for handling incidents versus service requests, allowing the team to prioritize urgent fixes over routine asks effectively.
The Results
Adopting the Cybervergent-led ITIL framework helped the Tier 1 Bank successfully overcome its IT service management challenges. The transition created a more resilient IT infrastructure capable of supporting continuous business operations. The establishment of best practices, particularly Change Management, drastically reduced unplanned outages. As a result, the bank significantly enhanced its ITSM capabilities, aligning IT services with business objectives and ensuring continuous, efficient delivery to customers.
