In today’s rapidly evolving work landscape, adaptability is key. This rings particularly true for technology firms, where agility and innovation are paramount. One such company found itself at a crossroads, re-evaluating its workspace strategy to meet the changing needs of a distributed workforce and embrace a remote-first approach. Let’s delve into how this fintech firm reduced office costs by 80% and transformed its workplace strategy.

How To Reduce Office Costs With Flexible Working

The challenge. Rethinking workspace in a distributed world and introducing Omnio Global. Omnio are a leading financial technology company and a principal member of Visa. They are an authorised e-money institution offering specialist banking and payment solutions that support many of the world’s leading businesses and government organisations in delivering innovative and effective financial products. Omnio’s mission is to create long-lasting connections between brands and customers through its core platform, OMNICORE.

Faced the challenge of reassessing its headquarters and portfolio strategy amidst a shifting workforce landscape. Omnio recognised this and pivoted to a more flexible workspace solution that could accommodate its distributed workforce and support a remote-first workplace strategy. With remote work becoming the norm, the traditional leased workspace was deemed no longer fit to meet the business’s future needs. Omnio consulted with officebroker.io to find a flexible solution that retained a physical working environment for a core team to collaborate on projects face-to-face, whilst providing workspace access to a distributed workforce of 35 members.

The Solution: Bespoke Hub-and-Spoke Model.

Omnio Global learned about WeWork through a direct outreach program by officebroker.io to identify technology companies in London that might benefit from a change in their working practices. After learning about the challenges faced, the officebroker.io team proposed a custom solution that combines a hybrid workspace with a private workspace and a bespoke workplace program. By leveraging WeWork’s global footprint, Omnio created a hub-and-spoke model that enables employees to access dedicated workspaces across locations, facilitating collaboration beyond its new headquarters.

The Results: Office Costs Reduced By 80% Per Annum.

As Omnio transitioned to a bespoke hub-and-spoke model aligned with its Work From Anywhere (WFA) policies, the WeWork Workplace program provided the flexibility needed to support this transition. Employees now have a cohesive work experience and can work seamlessly across global locations. Overall, Omnio has reduced office costs by 80% annually by leveraging the free consultancy from officebroker.io.

Conclusion: A Future-Proofed Workspace Strategy.

In embracing flexibility and reimagining its workspace strategy, Omnio found more than just an office. By leveraging officebroker.io’s expertise and WeWork’s global network, Omnio achieved efficiency gains in its workspace and created an environment for a distributed workforce.

As a global leader within the fintech community, Omnio continues to push the boundaries of what’s possible, fuelled by a workspace strategy that embraces change. With WeWork by its side, Omnio is well-positioned to navigate the challenges and opportunities ahead, ensuring it remains at the forefront of fintech innovation in an ever-evolving landscape.

The Last Word: Client Testimonial.

As a commercial property broker, Julian exceeded all of my expectations and has been instrumental in helping Omnio to secure the perfect office space. From the very beginning, Julian demonstrated an exceptional level of professionalism, expertise, and dedication. He took the time to listen to our requirements and preferences, whilst his understanding of the flexible office space market ensured that each office space presented was a viable option.

Throughout the process, Julian was incredibly responsive and communicative, keeping us informed at every step and providing valuable insights along the way, ensuring that Omnio received the best possible deal on our new office space.

What truly sets Julian apart is his genuine commitment to his clients and going above and beyond to make sure that the entire experience is smooth and stress-free. His professionalism, integrity, and dedication to client satisfaction are unparalleled. I am incredibly grateful for Julian’s assistance and look forward to working with him again in the future.