The challenge

Preqin, a major data services provider in the Financial Services industry, were at a crossroads: do they continue to work with delivery partners to supplement their engineering capability, or invest in building their own?

Having used Plandek to do an initial assessment of the value their delivery partners were providing, Preqin elected to build their own delivery capability, and faced the challenge of quickly scaling up new processes and team located in different locations throughout the world.

The outcome

Preqin have successfully built (and continue to build) a strong delivery organisation that stretches three continents. Through Plandek, they monitor each team’s journey from day 0, providing support and guidance where needed.

Over the course of building this new organisation, Preqin have:

• Reduced Speeding Tickets by 64% (process compliance);
• Improved their First Time Pass Rate by 12% (team collaboration and efficiency);
• Tripled their commit frequency (best practice);
• Reduced their Time to Resolve a Pull Request by 18% (team collaboration and efficiency);
• All whilst maintaining a very strong Cycle Time (speed to market).