Case Title Savvy Consultants Ltd.: Improving Depository Services
Case Author(s) Vandana Chandak           
University T. A. Pai Management Institute (TAPMI), Manipal, India
Abstract An efficient system of depository services, especially for individuals, is essential in making dematerialization of securities more widespread. This in turn is vital for speeding up secondary market transactions and success of other technological innovations like net-based trading. This case describes the problems faced by a depository service provider in processing the applications from clients for opening accounts, handling requests for dematerialization of specific securities and rejections by the registrars of transfer requests sent on behalf of clients. Detailed data on number of rejections at various stages for each branch, broken down in terms of reasons for rejections are provided. This case is ideally suited for discussions on improving service quality. A focused debate on the choice of continuous improvement versus business process reengineering is possible. Potential uses of tools like process flowchart, pareto-chart, learning curve, fish-bone diagram can also be demonstrated. The concept of a 'case-worker' or 'case-team' and IT as an enabler, which are recurring themes in reengineering efforts can also naturally emerge in class discussions.
Available In MIP Case Collection
Publisher T. A. Pai Management Institute (TAPMI), Manipal, India
Publisher Case No. 1998-2000-40
Distributor(s) T. A. Pai Management Institute (TAPMI), Manipal, India               
Pub/Rev Date 04/01/2000
ISBN
Case Length 8
Teaching Note No
Pub TN Ref No.
Pages (TN)
Issues Financial Services, Total Quality Management, Business Process Reengineering
Organisation(s)        
Countries India
Industry Financial Services
Period Covered 1998-2000
Level Postgraduate