Financial Services and Outsourcing Advisory Leader Peter Iannone Joins Alsbridge as Managing Director

Alsbridge Inc., a benchmarking, sourcing and transformation advisory firm, today announced that outsourcing and financial services industry veteran Peter Iannone has joined the firm as a Managing Director.

“We are delighted to welcome Peter Iannone to the Alsbridge team,” said Chip Wagner, CEO of Alsbridge. “His proven track record of success in advising clients on sourcing and governance strategies will significantly enhance our ability to provide the most comprehensive set of benchmarking, outsourcing consulting and network advisory services available today.”

Before joining Alsbridge, Iannone was Managing Director at KPMG/ EquaTerra, where he managed advisory services for the firm’s Americas region and was Practice Lead for banking and financial services. Prior to that, Iannone was President/Founder of Avanti Advisory and President of TPI.

“In today’s dynamic, competitive and innovative business climate, enterprise clients face a wide range of daunting challenges and exciting opportunities,” said Iannone. “It’s an exciting time to be in the advisory space, and I’m excited to join an innovative market leader such as Alsbridge.”

Iannone’s extensive advisory expertise is complemented by significant operational experience in the financial services sector. As COO of JP Morgan’s Global IT and Systems Division, he was responsible “running the business” of a $1 billion global technology organization, and was the lead negotiator for the bank’s $1.5 billion outsourcing transaction with CSC and Accenture. Additionally, Iannone oversaw business continuity and contingency planning for all data centers, banking systems and trading technology.

“Peter’s significant and direct experience in banking will greatly enhance our ability to help our financial services clients address the unique challenges they face today,” said Wagner. “From optimizing critical applications to navigating the ever-changing regulatory climate to ensuring transparency of service delivery, Peter’s insights will be invaluable.”

Iannone holds a Master’s Degree in Business Administration degree from Pace University, and a Bachelor’s Degree from the American University’s Kogod School of Business.

About Alsbridge Inc.

Alsbridge (www.alsbridge.com) is a management consulting firm that helps companies reduce costs and enable their businesses by optimizing the way they work with their vendors. With over 200 consultants on four continents, Alsbridge has been a trusted advisor to over 40% of the Fortune 500 and currently advise over 200 clients a year on over $11b in spend. This gives us tremendous market insight and deep benchmarking databases that our experienced consultants use to help clients engage the optimal vendors for their situation, negotiate best practice terms at fair market prices, and improve the way they govern vendor relationships. Alsbridge clients utilize the most cost effective and value added sources globally for IT infrastructure services, network carrier services, hardware and software, application support and development, business processes and cloud services.

Media Contact:

Alex Kozlov, Alsbridge
alex.kozlov@alsbridge.com

617-558-3377 (office)

617-620-4180 (mobile)