Case Study: Raiffeisen Bank International Accelerates Decision-Making with Data-Driven Contract Management
Key results
The challenge
Raiffeisen Bank International (RBI), serving 12 countries, faced a wave of evolving regulations — GDPR, SRB, and DORA — that required reporting 1.1 million data points to European authorities. Contract databases were decentralized across individual countries, leaving the group without a consolidated view of active agreements or reliable tracking of contracts and expiry dates.
The solution
RBI selected Sirion to establish a central repository and outsourcing register as the single source of truth for all contracts across the group. Sirion enabled local-language interfaces to drive adoption, provided standardized clause and template libraries, integrated with 20+ enterprise systems, and delivered a reporting engine to surface insights instantly.
“We as procurement feel confident that we now have the data to take the right decisions.”
EJEdzard JanssenChief Procurement Officer, Raiffeisen Bank International
The results, in context
With Sirion, RBI unified 35,000 contracts and 1,200 suppliers across 12 countries. Search and reporting times dropped from about a month to just a few days, and the bank identified all third-party contracts affected by a data breach within five minutes, giving procurement audit-ready, data-backed decision-making.