Credit Suisse Saves 35%, Boosts Reliability Via ‘One Bank’ Data Centralization Project

Gerald Le Donne, global head of market data strategy, Credit Suisse

Credit Suisse has achieved a 35 percent reduction in costs and a 55 percent decrease in outage incidents as a result of its “One Bank” centralization and cost reduction program, originally launched in 2011 (IMD, Aug. 1, 2011), which aims to consolidate market data operations across its investment banking, asset management and private banking operations.

Over the past two years, Credit Suisse coordinated its activates across the operations of market data, the development of its ticker plants, app

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