Challenge: Preparation for IPO launch
The event involved hundreds of activities across the banking and technology teams to enable trading. Failure of these highly publicized IPOs risked causing major reputational and financial damage to all parties.
Solution: Simplicity and visibility into the IPO launch
Cutover runbooks orchestrated an intricate set of hundreds of activities across 20 teams including bankers, technology experts, and stakeholders. The bank and all other organizations could collaborate in one place and have visibility of all activity leading up to the IPO.
Results: Successful preparation, successful IPO launch
Cutover provided a view of activities leading up to the event and post-IPO launch. The platform enabled them to identify any potential issues early on and course correct when needed, resulting in a highly successful IPO launch.