Large bank uses clean start to quickly and securely move forward with m&a activity

When a large financial institution acquired a smaller bank, there were redundancies in office locations, with over 30 branches and regional offices identified as candidates for closure.

Facing challenges in coordinating the various M&A-driven changes, while also focusing on the security of sensitive information and assets located at impacted locations, the bank turned to Iron Mountain Clean Start for help.

Challenge

• Redundancies in office locations after an acquisition of a smaller bank, with over 30 branches and regional offices identified as candidates for closure.
• Sensitive information and assets located at each impacted location.
• Difficulty coordinating resources and closure processes across multiple locations.

Solution

Iron Mountain Clean Start®

Outcome

• Expertise and resources to organise and secureassets from the branches and office locations to rapidly prepare for closure.
• Secure cataloging,transportation, storage,and/or environmentally friendly disposal of hundreds of pieces of IT equipment and over 250,000 documents.
• Quick project execution, with a focus on security and compliance protocols.