DNB has over 11,000 employees and generated nearly $56 billion in revenue in 2021. For the company to meet today’s customer demands for digital financial services, DNB has an enormous IT budget of over $490 million, which includes thousands of internal and external IT staff, around 800 business applications, and hundreds of active IT projects.
2021 total assets
While achieving a high level of success required a technology-first approach, the company was held back by weeklong approval cycles for pushing code into production. Developers were spending hours filling out change forms, change approvals in the ServiceNow platform took several days to complete, and the legacy control process was slowing down DevOps teams.
DNB needed a way to seamlessly connect Agile development processes and change management to keep up with customer demands and continue releasing innovative digital financial services rapidly.
As a financial services company, DNB is required to adhere to numerous government regulations and risk reviews. Without quality change management practices, the company would be putting its license to sell financial products at risk and require greater liquidity to mitigate the potential for severe incidents. A lower risk score would allow the company to use these funds for more valuable initiatives that help drive the business forward.
In addition to the business implications, DNB knew there were substantial cultural challenges holding them back. With over a hundred different DevOps teams, DNB’s developers were looking for freedom to push code quickly under the Agile methodology. On the change management side, however, a clear audit trail for code changes and other compliance obligations weren’t optional. Finding a way for these teams to coexist, and even collaborate with each other, was a critical roadblock for digital initiatives and building velocity.
Partnering with RapDev enabled DNB to:
“The implementation we’ve just started is the beginning of a long journey,” said Anne Kristine Næss, enterprise architect at DNB. “We’ve only implemented this for a small team, not the entire company,” she revealed. “But this was a proof-of-concept that DNB can become much more agile and at the same time be compliant with laws and regulations. This means that we don’t have to negotiate between being either Agile or compliant anymore.”
RapDev became an integral part of DNB’s change management and development teams from day one, which opened new doors for a technology-first approach to financial services.
After the success of DNB’s initial ServiceNow implementation, there was a smooth handover from RapDev’s developers to DNB’s internal team. Now DNB’s developers are empowered to deploy code to production in a matter of minutes, without negatively impacting compliance or risk mitigation. Moreover, shifting from manual testing by change managers to automated testing has improved production code quality as well. That means DNB can quickly adapt to market changes and deliver innovative digital financial services through rapid IT innovation.