> Why the heck would an established client like Vanguard pay a such huge amount for no reason? For the same reason the Canadian government spent billions on IB

> Why the heck would an established client like Vanguard pay a such huge amount for no reason? For the same reason the Canadian government spent billions on IBM, and Hertz on Accenture, with a complete dumpster fire for a result, and other organisations still trust Accenture and IBM (Kyndryl now) with their money. It has never been about quality with these types of contracts.