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HP FINANCE CREDENTIALS Disruption, digitisation and competition A WORLD OF OPPORTUNITIES

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Page 1: HP FINANCE CREDENTIALS A WORLD OF …blood of the banking industry for many years.” David Brear, Think Different Group Focus on user experience Technology is providing the industry

H P F I N A N C E C R E D E N T I A L S

Disruption digitisation and competition

A WORLD OF OPPORTUNITIES

2 3

HP F INANCE CREDENTIALS

$27Beuro24B forecast value of financial services

market by 2022sup3

$88M

per bank spent annually on

regulatory client data⁴

Need to control support services

Over the last two years many large organisations have announced economy and

efficiency drives While more dramatic cuts often grab the headlines effective

savings start with a detailed analysis and understanding of cost items and

opportunities for improvement

The largest savings come from central services that you can control and print is

a prime example An increasing number of financial institutions are now realising

that cost-effective HP print technology and print management solutions can

enable them to rationalise their fleets and are a trusted way to save money

without the loss of operational efficiency

Because financial organisations often deal with sensitive information secure

print is vital HP Secure Printing Services and Solutions help to protect the print

environment with threat detection automated monitoring and built-in software

validation Further document security is delivered by HP JetAdvantage pull print

ldquoTechnological innovations will be the heart and blood of the banking industry for many yearsrdquo

David Brear Think Different Group

Focus on user experience

Technology is providing the industry with new ways of offering products

that focus on user experience and the need for stronger customer centricity

is bringing a swing to more digital branches online banking and robo-advice

Open systems and the cloud are combining with more powerful faster machines

to drive the use of predictive banking and modelling and firms that do not

embrace these technologies will suffer from the disruptive competition

For an industry that is already risk-averse these many changes are focussing

attention on cost-consciousness Financial institutions are now placing greater

emphasis on improving the way they operate and for the majority cost cutting

is top of the list

$124Teuro113T

total assets in global

banking systemsup1

33

of financial services revenue now

comes from FinTechsup2

A world of opportunities The financial services industry is hugely important to the

functioning of the global economy It encompasses a broad

range of organisations that provide economic services and

manage money They include credit unions banks credit card

and insurance companies finance and investment organisations

and stockbrokers

With global insecurity and the volatility of world markets the

industry is being reshaped by many challenges and opportunities

Regulatory compliance cybersecurity and the digital disruption of

FinTech are combining with Artificial Intelligence Blockchain and

data analytics to drive new automation and digital workflows

They are powerful forces that will transform the industry and lead

financial institutions into a more collaborative and interconnected

future where typical employees will include data scientists

industrial engineers and programmers

sup1The Banker Top 1000 World Banks 2019 sup2Accenture Research Analysis sup3The Business Research Company ⁴PwC Strategy amp Consultancy2

HP F INANCE CREDENTIALS

4

Muumlnchener Hypothekenbank eG

The bank has relied on an all-HP printer infrastructure for many years In the

past it had mainly relied on the HP LaserJet 9050 series After five years the

devices had reached the end of their lifecycles and the bank wanted to replace

them with modern and more importantly faster devices

Benefit of the product

HP JetAdvantage Security Manager assures that the business has a secure

printer fleet that meets the banking industryrsquos regulatory requirements in terms

of risk management Its increased service level agreements for device repairs

assures that the departments will never experience excessive amounts

of downtime

To see the full story visit hpcom

50 pages per single

loan agreement

75M pages of print

per year

ldquoWith the new HP MPS contract the cost of printing will be reduced substantially SIX can rely on a designated partner internationallyrdquo

Philipp Waumllti system engineer and project manager SIX

SIX

SIX launched a tender based on cost-effectiveness and service levels It signed

an HP Managed Print Services (MPS) contract and deployed new HP LaserJet

Enterprise MFPs and mono machines Efficient management is achieved

with HP Web Jetadmin and HP JetAdvantage Security Manager

Benefit of the product

The levels of print security demanded by the financial services industry have

been met and administration has been simplified while printer reliability

has lowered maintenance costs Also the user friendly HP machines raise

employee productivity

To see the full story visit hpcom

3900

print users

25

country locations

Muumlnchener HypothekenbankMuumlnchener Hypothekenbank eG is a partner to the German

cooperative banks (Volksbanken and Raiffeisenbanken) providing

a full spectrum of residential and commercial property financing

services The devices it was using had reached the end of their

lifecycles and the bank wanted to replace them with modern

and more importantly faster devices

SIXSIX runs the Swiss Exchange and delivers multiple financial

services Headquartered in Zuumlrich SIX has branches in 25 countries

each with their own individual print environment It needed a

user-friendly global print landscape that would meet high demands

on service and security reduce costs and allow centralised and

efficient administration

4 5

HP F INANCE CREDENTIALSHP F INANCE CREDENTIALS

6

15

reduction in print costs

101Mcolour and mono

prints per month

Credit Europe Bank

The bank replaced its entire branch and headquarters printing infrastructures

with a new line-up of next-generation A3 HP LaserJet printers including

HP LaserJet Managed multifunction printers It has also entered into an

HP Partner Managed Print Services contract and has implemented

a MyQ solution for user authentication

Benefit of the product

Print costs have been significantly reduced printer maintenance and parts

procurement is simpler and print quality is better Document confidentiality

has been improved in line with Russian Central Bank requirements

To see full story visit hpcom

ldquoWith HP JetAdvantage Security Manager software we are now sufficiently protected against external attacks and device manipulationrdquo

Berthold Loritz head of IT Volksbank Reutlingen

Volksbank Reutlingen

The bank had to implement a solution that was approved by its central

IT service provider Fiducia amp GAD IT AG HP PageWide Enterprise Flow

multifunction devices were installed at the branches The bank also purchased

HP LaserJet Enterprise Flow and HP LaserJet Enterprise Flow multifunction

devices HP JetAdvantage Security Manager completes the solution

Benefit of the product

Cost savings protection against malicious external intrusion and

confidentiality of printouts are the main advantages The HP solution

conforms with BaFin MaRisk regulations and HP PageWide technology

reduces fine dust pollution to zero

To see the full story visit hpcom

33

reduction in number

of print devices

210K pages per month

securely printed

Credit Europe BankCredit Europe Bank provides a wide range of services to retail and

corporate clients Recent figures show that it serves more than

54 million individuals 2700 corporate customers and 15500

small and medium enterprises The bank wanted to improve

control of document printing copying and scanning lower

maintenance costs and simplify equipment servicing

Volksbank ReutlingenVolksbank Reutlingen has been a local consumer bank for

more than 155 years and works closely with its partners in

the Genossenschaftliche FinanzGruppe throughout Germany

The bank employs 310 people at its headquarters in Reutlingen

and 20 local branches It wanted to increase print security

reduce cost and improve workflows

6 7

HP F INANCE CREDENTIALSHP F INANCE CREDENTIALS

Share with colleagues

Sign up for updates hpcomgogetupdated

For further reference support contact the team at HP References

To read more customer stories visit the case study library on hpcom

copy Copyright 2020 HP Development Company LP The information contained herein is subject to change without notice The only warranties for HP products and services are set forth in the express warranty statements accompanying such products and services Nothing herein should be construed as constituting an additional warranty HP shall not be liable for technical or editorial errors or omissions contained herein

4AA7-6532EEW January 2020

Page 2: HP FINANCE CREDENTIALS A WORLD OF …blood of the banking industry for many years.” David Brear, Think Different Group Focus on user experience Technology is providing the industry

2 3

HP F INANCE CREDENTIALS

$27Beuro24B forecast value of financial services

market by 2022sup3

$88M

per bank spent annually on

regulatory client data⁴

Need to control support services

Over the last two years many large organisations have announced economy and

efficiency drives While more dramatic cuts often grab the headlines effective

savings start with a detailed analysis and understanding of cost items and

opportunities for improvement

The largest savings come from central services that you can control and print is

a prime example An increasing number of financial institutions are now realising

that cost-effective HP print technology and print management solutions can

enable them to rationalise their fleets and are a trusted way to save money

without the loss of operational efficiency

Because financial organisations often deal with sensitive information secure

print is vital HP Secure Printing Services and Solutions help to protect the print

environment with threat detection automated monitoring and built-in software

validation Further document security is delivered by HP JetAdvantage pull print

ldquoTechnological innovations will be the heart and blood of the banking industry for many yearsrdquo

David Brear Think Different Group

Focus on user experience

Technology is providing the industry with new ways of offering products

that focus on user experience and the need for stronger customer centricity

is bringing a swing to more digital branches online banking and robo-advice

Open systems and the cloud are combining with more powerful faster machines

to drive the use of predictive banking and modelling and firms that do not

embrace these technologies will suffer from the disruptive competition

For an industry that is already risk-averse these many changes are focussing

attention on cost-consciousness Financial institutions are now placing greater

emphasis on improving the way they operate and for the majority cost cutting

is top of the list

$124Teuro113T

total assets in global

banking systemsup1

33

of financial services revenue now

comes from FinTechsup2

A world of opportunities The financial services industry is hugely important to the

functioning of the global economy It encompasses a broad

range of organisations that provide economic services and

manage money They include credit unions banks credit card

and insurance companies finance and investment organisations

and stockbrokers

With global insecurity and the volatility of world markets the

industry is being reshaped by many challenges and opportunities

Regulatory compliance cybersecurity and the digital disruption of

FinTech are combining with Artificial Intelligence Blockchain and

data analytics to drive new automation and digital workflows

They are powerful forces that will transform the industry and lead

financial institutions into a more collaborative and interconnected

future where typical employees will include data scientists

industrial engineers and programmers

sup1The Banker Top 1000 World Banks 2019 sup2Accenture Research Analysis sup3The Business Research Company ⁴PwC Strategy amp Consultancy2

HP F INANCE CREDENTIALS

4

Muumlnchener Hypothekenbank eG

The bank has relied on an all-HP printer infrastructure for many years In the

past it had mainly relied on the HP LaserJet 9050 series After five years the

devices had reached the end of their lifecycles and the bank wanted to replace

them with modern and more importantly faster devices

Benefit of the product

HP JetAdvantage Security Manager assures that the business has a secure

printer fleet that meets the banking industryrsquos regulatory requirements in terms

of risk management Its increased service level agreements for device repairs

assures that the departments will never experience excessive amounts

of downtime

To see the full story visit hpcom

50 pages per single

loan agreement

75M pages of print

per year

ldquoWith the new HP MPS contract the cost of printing will be reduced substantially SIX can rely on a designated partner internationallyrdquo

Philipp Waumllti system engineer and project manager SIX

SIX

SIX launched a tender based on cost-effectiveness and service levels It signed

an HP Managed Print Services (MPS) contract and deployed new HP LaserJet

Enterprise MFPs and mono machines Efficient management is achieved

with HP Web Jetadmin and HP JetAdvantage Security Manager

Benefit of the product

The levels of print security demanded by the financial services industry have

been met and administration has been simplified while printer reliability

has lowered maintenance costs Also the user friendly HP machines raise

employee productivity

To see the full story visit hpcom

3900

print users

25

country locations

Muumlnchener HypothekenbankMuumlnchener Hypothekenbank eG is a partner to the German

cooperative banks (Volksbanken and Raiffeisenbanken) providing

a full spectrum of residential and commercial property financing

services The devices it was using had reached the end of their

lifecycles and the bank wanted to replace them with modern

and more importantly faster devices

SIXSIX runs the Swiss Exchange and delivers multiple financial

services Headquartered in Zuumlrich SIX has branches in 25 countries

each with their own individual print environment It needed a

user-friendly global print landscape that would meet high demands

on service and security reduce costs and allow centralised and

efficient administration

4 5

HP F INANCE CREDENTIALSHP F INANCE CREDENTIALS

6

15

reduction in print costs

101Mcolour and mono

prints per month

Credit Europe Bank

The bank replaced its entire branch and headquarters printing infrastructures

with a new line-up of next-generation A3 HP LaserJet printers including

HP LaserJet Managed multifunction printers It has also entered into an

HP Partner Managed Print Services contract and has implemented

a MyQ solution for user authentication

Benefit of the product

Print costs have been significantly reduced printer maintenance and parts

procurement is simpler and print quality is better Document confidentiality

has been improved in line with Russian Central Bank requirements

To see full story visit hpcom

ldquoWith HP JetAdvantage Security Manager software we are now sufficiently protected against external attacks and device manipulationrdquo

Berthold Loritz head of IT Volksbank Reutlingen

Volksbank Reutlingen

The bank had to implement a solution that was approved by its central

IT service provider Fiducia amp GAD IT AG HP PageWide Enterprise Flow

multifunction devices were installed at the branches The bank also purchased

HP LaserJet Enterprise Flow and HP LaserJet Enterprise Flow multifunction

devices HP JetAdvantage Security Manager completes the solution

Benefit of the product

Cost savings protection against malicious external intrusion and

confidentiality of printouts are the main advantages The HP solution

conforms with BaFin MaRisk regulations and HP PageWide technology

reduces fine dust pollution to zero

To see the full story visit hpcom

33

reduction in number

of print devices

210K pages per month

securely printed

Credit Europe BankCredit Europe Bank provides a wide range of services to retail and

corporate clients Recent figures show that it serves more than

54 million individuals 2700 corporate customers and 15500

small and medium enterprises The bank wanted to improve

control of document printing copying and scanning lower

maintenance costs and simplify equipment servicing

Volksbank ReutlingenVolksbank Reutlingen has been a local consumer bank for

more than 155 years and works closely with its partners in

the Genossenschaftliche FinanzGruppe throughout Germany

The bank employs 310 people at its headquarters in Reutlingen

and 20 local branches It wanted to increase print security

reduce cost and improve workflows

6 7

HP F INANCE CREDENTIALSHP F INANCE CREDENTIALS

Share with colleagues

Sign up for updates hpcomgogetupdated

For further reference support contact the team at HP References

To read more customer stories visit the case study library on hpcom

copy Copyright 2020 HP Development Company LP The information contained herein is subject to change without notice The only warranties for HP products and services are set forth in the express warranty statements accompanying such products and services Nothing herein should be construed as constituting an additional warranty HP shall not be liable for technical or editorial errors or omissions contained herein

4AA7-6532EEW January 2020

Page 3: HP FINANCE CREDENTIALS A WORLD OF …blood of the banking industry for many years.” David Brear, Think Different Group Focus on user experience Technology is providing the industry

4

Muumlnchener Hypothekenbank eG

The bank has relied on an all-HP printer infrastructure for many years In the

past it had mainly relied on the HP LaserJet 9050 series After five years the

devices had reached the end of their lifecycles and the bank wanted to replace

them with modern and more importantly faster devices

Benefit of the product

HP JetAdvantage Security Manager assures that the business has a secure

printer fleet that meets the banking industryrsquos regulatory requirements in terms

of risk management Its increased service level agreements for device repairs

assures that the departments will never experience excessive amounts

of downtime

To see the full story visit hpcom

50 pages per single

loan agreement

75M pages of print

per year

ldquoWith the new HP MPS contract the cost of printing will be reduced substantially SIX can rely on a designated partner internationallyrdquo

Philipp Waumllti system engineer and project manager SIX

SIX

SIX launched a tender based on cost-effectiveness and service levels It signed

an HP Managed Print Services (MPS) contract and deployed new HP LaserJet

Enterprise MFPs and mono machines Efficient management is achieved

with HP Web Jetadmin and HP JetAdvantage Security Manager

Benefit of the product

The levels of print security demanded by the financial services industry have

been met and administration has been simplified while printer reliability

has lowered maintenance costs Also the user friendly HP machines raise

employee productivity

To see the full story visit hpcom

3900

print users

25

country locations

Muumlnchener HypothekenbankMuumlnchener Hypothekenbank eG is a partner to the German

cooperative banks (Volksbanken and Raiffeisenbanken) providing

a full spectrum of residential and commercial property financing

services The devices it was using had reached the end of their

lifecycles and the bank wanted to replace them with modern

and more importantly faster devices

SIXSIX runs the Swiss Exchange and delivers multiple financial

services Headquartered in Zuumlrich SIX has branches in 25 countries

each with their own individual print environment It needed a

user-friendly global print landscape that would meet high demands

on service and security reduce costs and allow centralised and

efficient administration

4 5

HP F INANCE CREDENTIALSHP F INANCE CREDENTIALS

6

15

reduction in print costs

101Mcolour and mono

prints per month

Credit Europe Bank

The bank replaced its entire branch and headquarters printing infrastructures

with a new line-up of next-generation A3 HP LaserJet printers including

HP LaserJet Managed multifunction printers It has also entered into an

HP Partner Managed Print Services contract and has implemented

a MyQ solution for user authentication

Benefit of the product

Print costs have been significantly reduced printer maintenance and parts

procurement is simpler and print quality is better Document confidentiality

has been improved in line with Russian Central Bank requirements

To see full story visit hpcom

ldquoWith HP JetAdvantage Security Manager software we are now sufficiently protected against external attacks and device manipulationrdquo

Berthold Loritz head of IT Volksbank Reutlingen

Volksbank Reutlingen

The bank had to implement a solution that was approved by its central

IT service provider Fiducia amp GAD IT AG HP PageWide Enterprise Flow

multifunction devices were installed at the branches The bank also purchased

HP LaserJet Enterprise Flow and HP LaserJet Enterprise Flow multifunction

devices HP JetAdvantage Security Manager completes the solution

Benefit of the product

Cost savings protection against malicious external intrusion and

confidentiality of printouts are the main advantages The HP solution

conforms with BaFin MaRisk regulations and HP PageWide technology

reduces fine dust pollution to zero

To see the full story visit hpcom

33

reduction in number

of print devices

210K pages per month

securely printed

Credit Europe BankCredit Europe Bank provides a wide range of services to retail and

corporate clients Recent figures show that it serves more than

54 million individuals 2700 corporate customers and 15500

small and medium enterprises The bank wanted to improve

control of document printing copying and scanning lower

maintenance costs and simplify equipment servicing

Volksbank ReutlingenVolksbank Reutlingen has been a local consumer bank for

more than 155 years and works closely with its partners in

the Genossenschaftliche FinanzGruppe throughout Germany

The bank employs 310 people at its headquarters in Reutlingen

and 20 local branches It wanted to increase print security

reduce cost and improve workflows

6 7

HP F INANCE CREDENTIALSHP F INANCE CREDENTIALS

Share with colleagues

Sign up for updates hpcomgogetupdated

For further reference support contact the team at HP References

To read more customer stories visit the case study library on hpcom

copy Copyright 2020 HP Development Company LP The information contained herein is subject to change without notice The only warranties for HP products and services are set forth in the express warranty statements accompanying such products and services Nothing herein should be construed as constituting an additional warranty HP shall not be liable for technical or editorial errors or omissions contained herein

4AA7-6532EEW January 2020

Page 4: HP FINANCE CREDENTIALS A WORLD OF …blood of the banking industry for many years.” David Brear, Think Different Group Focus on user experience Technology is providing the industry

6

15

reduction in print costs

101Mcolour and mono

prints per month

Credit Europe Bank

The bank replaced its entire branch and headquarters printing infrastructures

with a new line-up of next-generation A3 HP LaserJet printers including

HP LaserJet Managed multifunction printers It has also entered into an

HP Partner Managed Print Services contract and has implemented

a MyQ solution for user authentication

Benefit of the product

Print costs have been significantly reduced printer maintenance and parts

procurement is simpler and print quality is better Document confidentiality

has been improved in line with Russian Central Bank requirements

To see full story visit hpcom

ldquoWith HP JetAdvantage Security Manager software we are now sufficiently protected against external attacks and device manipulationrdquo

Berthold Loritz head of IT Volksbank Reutlingen

Volksbank Reutlingen

The bank had to implement a solution that was approved by its central

IT service provider Fiducia amp GAD IT AG HP PageWide Enterprise Flow

multifunction devices were installed at the branches The bank also purchased

HP LaserJet Enterprise Flow and HP LaserJet Enterprise Flow multifunction

devices HP JetAdvantage Security Manager completes the solution

Benefit of the product

Cost savings protection against malicious external intrusion and

confidentiality of printouts are the main advantages The HP solution

conforms with BaFin MaRisk regulations and HP PageWide technology

reduces fine dust pollution to zero

To see the full story visit hpcom

33

reduction in number

of print devices

210K pages per month

securely printed

Credit Europe BankCredit Europe Bank provides a wide range of services to retail and

corporate clients Recent figures show that it serves more than

54 million individuals 2700 corporate customers and 15500

small and medium enterprises The bank wanted to improve

control of document printing copying and scanning lower

maintenance costs and simplify equipment servicing

Volksbank ReutlingenVolksbank Reutlingen has been a local consumer bank for

more than 155 years and works closely with its partners in

the Genossenschaftliche FinanzGruppe throughout Germany

The bank employs 310 people at its headquarters in Reutlingen

and 20 local branches It wanted to increase print security

reduce cost and improve workflows

6 7

HP F INANCE CREDENTIALSHP F INANCE CREDENTIALS

Share with colleagues

Sign up for updates hpcomgogetupdated

For further reference support contact the team at HP References

To read more customer stories visit the case study library on hpcom

copy Copyright 2020 HP Development Company LP The information contained herein is subject to change without notice The only warranties for HP products and services are set forth in the express warranty statements accompanying such products and services Nothing herein should be construed as constituting an additional warranty HP shall not be liable for technical or editorial errors or omissions contained herein

4AA7-6532EEW January 2020

Page 5: HP FINANCE CREDENTIALS A WORLD OF …blood of the banking industry for many years.” David Brear, Think Different Group Focus on user experience Technology is providing the industry

Share with colleagues

Sign up for updates hpcomgogetupdated

For further reference support contact the team at HP References

To read more customer stories visit the case study library on hpcom

copy Copyright 2020 HP Development Company LP The information contained herein is subject to change without notice The only warranties for HP products and services are set forth in the express warranty statements accompanying such products and services Nothing herein should be construed as constituting an additional warranty HP shall not be liable for technical or editorial errors or omissions contained herein

4AA7-6532EEW January 2020