Case study summary how SEB Baltics have enjoyed 15 years of successful collaboration in 3 countries with Markit and saved an average of 9% per annum (2013-2018) on their IT purchasing requirements.

1. KEY IMPACTS
PARTNERSHIP
AVERAGE 9% SAVINGS ON PRODUCT PRICES
(2013-2018).
CUSTOMISED, DETAILED AND HIGHLY
CONFIGURABLE SPEND VISIBILITY & SAVING
REPORTS.
BUFFER STOCKING FOR 24-HOUR DELIVERY OF
SPECIALLY CONFIGURED HARDWARE.
MAJORITY OF ORDERS DELIVERED IN 1-2 DAYS.
• Centralised IT purchasing. One platform for
Baltics.
• Special vendor prices for high volume
categories and brands
• Customised catalogue of 500,000+ IT devices
and accessories
• Periodic credit limit reviews and upgrades
• RMAs handled in 8 days (average)
ONGOING GOALS & REQUIREMENTS
• Reduce costs of products purchased
• Reduce time spent on purchasing
processes
• Increase insights into purchasing patterns
• Improve data visualisation and cost
awareness
• Total automation for optimal workflow
• Optimise transparency of supplier
information and pricing
• Identify best fit IT devices and accessories
to serve end users
SEB SITUATION 2004-2019
SEB and Markit have been working together
to reduce SEB’s total cost of IT purchasing
since 2004.
€6.5M spend across 6000+ product lines
(2014-9). SEB renewed contract with improved
terms in 2019.
SEB IS LIKE PART OF THE FAMILY
We’ve been working with SEB Baltics for so long (it’s hard to believe it’s 15 years
already) that it’s gone way beyond the traditional client/supplier relationship. So
many opportunities have been identified and executed to help SEB succeed in
optimising their IT purchasing strategies.
The level of trust and mutual respect that has been built up is really, quite incredible.
People do business with people they like and trust, and that’s certainly the case with
the smart and friendly teams at Markit and SEB.
Mindaugas Mickus
Country Manager at Markit Lithuania
SEB SUCCESS STORY
Markit and SEB Baltics enjoy 15 years of
successful collaboration in 3 countries
FINANCIAL SERVICES IN 9 COUNTRIES WITH 15,000 EMPLOYEES
SEBGROUP.COM

2. WWW.MARKIT.EU 2019
SEB is a leading Nordic financial services group, founded in 1856. They
hold a strong belief that entrepreneurial minds and innovative companies
are key in creating a better world.
SEB help their clients achieve their aspirations and succeed through
good times and bad. SEB’s core values are customers first, commitment,
collaboration and simplicity.
www.sebgroup.com
THE VALUE TO SEB
LET’S TALK
COMPLIANT PROCUREMENT SAVINGS
Markit’s ongoing commitment to transparency through its open margin policy and
quarterly savings reports allows me to easily identify and report the financial value
of our partnership. It’s also important that our suppliers adhere to our purchasing
compliance strategy and processes. Markit does.
These factors certainly influenced our decision to renew our contract in 2019.
Māris Modriņš
Head of Baltic IT Procurement
SIMPLICITY
When we need to customise the IT catalogue, management reporting dashboards,
re-define user roles or set limits for various end users it is all straightforward. The
simplicity of Markit’s solution makes it easy for me to make the case internally, plan
ahead and distribute tasks to my team. In addition, I value the assistance Markit
provides in developing successful third-party collaborations with various vendors.
Darius Likas
Head of Workplace Department
SPEED & FLEXIBILITY
In order to provide the best possible service to our internal users in our onsite
support and helpdesk teams I need to be able quickly and efficiently implement our
IT strategy. Markit’s high level of automation helps our appointed buyers spend the
minimum time possible on actual purchasing tasks, so I have more time to focus on
strategic activities and working with Markit to identify new products and vendors for
future consideration.
Andris Korčagins
IT Service Delivery Manager
Let us help you succeed. Streamline your IT
purchasing process and reduce your total cost
of purchase.
Contact Margus Vahemäe
Head of Sales at Markit
Phone: +372 666 9905
E-mail: margus.vahemae@markit.eu
Contact Mindaugas Mickus
Country Manager at Markit Lithuania
Phone: +370 610 07073
E-mail: mindaugas.mickus@markit.eu TAKE THE CHASING
OUT OF IT PURCHASING
ABOUT MARKIT
Markit is helping IT buyers save time and
money by making IT purchasing simple and
transparent.
Since 2003, thousands of international
companies, including 20% of the Forbes Global
2000, have been using the Markit online IT
purchasing solution to manage, centralise and
streamline their IT purchasing and reduce the
Total Cost of Purchase for their IT hardware and
device requirements.