Saves $120K annually by leveraging Seismic as intranet

Candice Blackburn — Vice President

98%

platform adoption within first year

11

content channels updated regularly

$112,000

annual savings


Challenge

Critical company-wide communications were getting lost in email inboxes.

Solution

All company communications resources are consolidated to one central hub.

Headquarters

New York, NY

Industry

Asset Management - Traditional

Share

StepStone is a global private markets investment firm focused on providing customised investment solutions and advisory and data services to some of the most sophisticated investors in the world. With US$313 billion of private markets allocations, including over US$72 billion of assets under management as of March 31, 2020, StepStone covers the spectrum of opportunities in private markets across the globe. The firm uses a disciplined, research-focused approach to prudently integrate fund investments across the private equity, infrastructure, private debt and real estate asset classes.

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Results

By leveraging Seismic’s NewsCenter, StepStone saved their organisation the significant cost of building out an intranet solution. NewsCenter has become the single source of truth for all company communications, which enables their employees to easily access company announcements and resources. Additionally, teams such as HR, Marketing, and others can efficiently deliver communications to help market their internal offerings. StepStone’s strategic approach to rolling out this tool led to impressive adoption results. In just 30 days, they saw 86% adoption across the organisation. After 1 year, adoption grew to 98%.