1. SBI Capital Markets Ltd.
Banking
Business challenge
SBI Capital Markets offers world-class client service, and relies on a clear view of internal operations. How could SBI Capital Markets transform and streamline its systems for greater efficiency?
Transformation
Investment banks compete on a global scale, relying on a mix of outstanding people and rock-solid business processes. To fine-tune its operational efficiency, SBI Capital Markets engaged IBM® Global Business Services® to implement and streamline its Oracle E-Business Suite systems, helping 500 consultants deliver world-beating advice.
“By far the most significant benefit of working with IBM Global Business Services to implement Oracle applications is that we’ve acquired the tools to optimize the success of our business.”
—Sharad Jambukar, Group Head of IT, SBI Capital Markets
SBI Capital Markets Ltd.
Uses automation and integration to help accelerate true profitability and performance
Solution components
IBM® Global Business Services®
Oracle E-Business Suite
Oracle Financial Management
Oracle Human Resources Analytics
Oracle Projects Portfolio Management
Business benefits:
70%
reduction in time and effort required to complete expense requests
90%
of business and support processes digitized, boosting transparency and productivity 7
days saved on average when generating month-end financials
Client Name
SBI Capital Markets Ltd.
Company Background
Founded in August 1986, SBI Capital Markets Ltd. (SBICAP) is a wholly owned subsidiary and the Investment Banking arm of State Bank of India (SBI), the largest commercial bank in India. SBICAP is India’s largest domestic Investment Bank, offering the entire gamut of investment banking and corporate advisory services. The bank employs up to 500 staff and operates five subsidiaries across the globe. Subsidiaries include SBICAP (Singapore) Ltd, SBICAP (UK) Ltd, SBICAP Ventures Ltd, SBICAP Securities Ltd and SBICAP Trustee Ltd.
Business challenge
SBI Capital Markets offers world-class client service, and relies on a clear view of internal operations. How could SBI Capital Markets transform and streamline its systems for greater efficiency?
The benefit
With Oracle applications in place, SBI Capital Markets eliminates billing delays, reduces the time and effort required to complete expense requests, and digitizes 90 percent of its core processes.
Pull Quote
“By far the most significant benefit of working with IBM Global Business Services to implement Oracle applications is that we’ve acquired the tools to optimize the success of our business.”
—Sharad Jambukar, Group Head of IT, SBI Capital Markets
Solution components
IBM® Global Business Services®
Oracle E-Business Suite
Oracle Financial Management
Oracle Human Resources Analytics
Oracle Projects Portfolio Management
Case study Link
Founded in August 1986, SBI Capital Markets Ltd. (SBICAP) is a wholly owned subsidiary and the Investment Banking arm of State Bank of India (SBI), the largest commercial bank in India. SBICAP is India’s largest domestic Investment Bank, offering the entire gamut of investment banking and corporate advisory services. The bank employs up to 500 staff and operates five subsidiaries across the globe. Subsidiaries include SBICAP (Singapore) Ltd, SBICAP (UK) Ltd, SBICAP Ventures Ltd, SBICAP Securities Ltd and SBICAP Trustee Ltd.
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