Checkmarx ROI case study: European Financial Services Institution

Squad, an independent IT services company providing cybersecurity and DevOps consulting at one of the largest European financial services companies, deployed Checkmarx Static Application Security Testing (CxSAST) and Checkmarx Codebashing (CxCodebashing). With Checkmarx, the banking group realized a wide range of benefits from increased scalability, improved employee productivity, streamlined security management, accelerated project development, and reduced coding vulnerabilities. In the end, the company realized a 393 percent ROI and will recover its initial investment in less than five months after implementation.