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Company focus

Goldman Sachs

What factors are contributing to the 30% increase in customer support tickets for Goldman Sachs's investment banking platform in the last month?

Prepared by NextSprints

15 mins
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Problem Solving Data Analysis Technical Understanding Investment Banking Financial Services FinTech Data Analysis Root Cause Analysis Customer Support FinTech Platform Performance
Product Management Root Cause Analysis Question: Investigating spike in Goldman Sachs investment platform support tickets

Introduction

The recent 30% increase in customer support tickets for Goldman Sachs's investment banking platform is a critical issue that demands immediate attention. This surge in support requests not only impacts customer satisfaction but also strains internal resources and potentially signals underlying problems with the platform. To address this effectively, I'll employ a systematic approach to identify, validate, and resolve the root cause while considering both short-term fixes and long-term strategic implications.

Framework overview

This analysis follows a structured approach covering issue identification, hypothesis generation, validation, and solution development.

Step 1

Clarifying Questions (3 minutes)

  • Given the sudden spike, I'm wondering about recent platform changes. Have there been any significant updates or new features rolled out in the past month?

Why it matters: Recent changes often correlate with increased support tickets. Expected answer: Yes, a major update was released. Impact on approach: If confirmed, we'd focus on the new features and potential bugs.

  • Considering user segments, I'm curious if this increase is uniform across all client types. Are we seeing a disproportionate increase from any particular user group?

Why it matters: Helps identify if the issue is localized to specific users or widespread. Expected answer: Increase primarily from institutional clients. Impact on approach: We'd tailor our investigation to that user segment's specific needs and usage patterns.

  • Thinking about the nature of support tickets, has there been a shift in the types of issues reported compared to previous months?

Why it matters: Changes in issue types can point to specific problem areas. Expected answer: More tickets related to data accuracy and system performance. Impact on approach: We'd prioritize investigating data pipelines and system architecture.

  • Reflecting on external factors, have there been any significant market events or regulatory changes that might have increased platform usage or complexity?

Why it matters: External factors can drive sudden changes in user behavior and support needs. Expected answer: Recent market volatility has increased trading volumes. Impact on approach: We'd consider how increased usage might be straining the system.

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Updated Jan 22, 2025