IG Group, a global leader in online trading, is renowned for providing innovative and reliable trading solutions to its growing international client base. The company faced mounting pressure to deliver critical projects on time while maintaining high standards and cost efficiency.
Case Study: IG Group
Project Outline
IG Group faced delays in delivering essential projects, which risked their ability to meet client expectations and maintain their competitive edge. The company needed an immediate solution to resolve the backlog and ensure future projects could proceed efficiently. Their requirements included:
- Assembling a high-performing project delivery team.
- Rapid onboarding of resources to address delays.
- A cost-effective approach to avoid exceeding budget constraints.
Despite their technological leadership, IG Group required external support to overcome these challenges while maintaining quality and speed.
Key Project Elements
Rapid Deployment
The team was assembled and embedded into IG Group’s projects within 48 hours, minimizing disruption and accelerating progress.
Cost Savings
By combining nearshore and onshore capabilities, Coltech delivered a highly effective team at £570,000 less than traditional consultancy costs.
Scalable Capacity
Coltech’s approach increased IG Group’s hiring capacity by 500%, enabling rapid scaling to meet growing demands.
On-Time, On-Budget Delivery
All project milestones were achieved on schedule and within budget, restoring IG Group’s delivery timelines.
High-Quality Execution
The team’s expertise ensured robust, scalable solutions, with a focus on efficiency and sustainability for future growth
The Solution Offered
Coltech leveraged its Rapid Response service to provide IG Group with a bespoke staffing solution that addressed their urgent needs. This included:
18 Professionals
A cross-functional team of 18 professionals composed of nearshore resources for cost efficiency and senior onshore consultants for strategic oversight.
Cost-effective Model
A cost-effective model that saved £570,000 compared to traditional consultancy fees.
48-Hour Deployment
A 48-hour deployment window, ensuring that the team could integrate immediately into ongoing projects.
Strategic Structure
A strategic team structure aligned with IG Group’s delivery roadmap, ensuring high-quality outcomes and efficiency.
The Conclusion
Coltech’s tailored nearshore/onshore model allowed IG Group to overcome significant project delivery challenges. By rapidly deploying a cost-effective and highly skilled team, IG Group regained control of their timelines, achieved all deliverables, and set a foundation for scalable growth. The partnership demonstrates the value of Coltech’s flexible, high-impact solutions for addressing time-sensitive, high-stakes challenges.
We have been working with Coltech with great success. Deploying exceptional teams for our Krakow office so quickly was no mean feat, but Coltech delivered. They've supported our growth, successfully managed the demand, and have, in fact, completely overachieved. They're always prompt and willing to go the extra mile, and we're looking forward to working with Coltech Global in the future