To an industry in change, Meradia delivers stability.
Change is a constant in the investment management industry, whether generated by competition, regulation, shareholder or client demand. As the industry continues to evolve, we help you navigate complex situations, turning obstacles into opportunities.
The link between IT and business teams has long been disjointed, with both working, at times, independent of each other in completing projects. Back in the 1980s, both groups were aligned in pursuit of a common goal, and tapped into a rich, robust set of experiences in support of initiatives. Meradia's Pat Nicholson examines this topic, and recommends several ways in which firms can restore the balance by changing their approach to IT business project development.Read More
Recently, we've seen increased activity in operations arms of Insurance Investment Managers. With challenges mounting from increased customer expectations, a challenging regulatory environment and a divergence in the quality and quantity of data between front and back offices, Insurance Investment Managers are looking for new solutions. The software landscape is quicky evolving as the impetus for change has reached critical mass.Read More
Recently, we’ve observed a strong up-tick in activity around Multi-Asset Class (MAC) investment products and strategies. We see managers across the globe expanding current MAC offerings and introducing new ones, consequently generating demand for new support around analytic methodologies, data and technology.
This series explores our view of the MAC phenomenon in depth, from origins to solutions. In this first of three installments, we look at market and industry trends that seem to be driving the evolution of MAC toward more sophisticated strategies and methods.Read More
With a large and growing number of performance measurement systems available, it's become increasingly difficult to evaluate which product works best for investment firms, given the wide variety of uses. In some cases, business process optimization is the most highly sought after feature, while in others, the ability to use high-end analytics is the most important. Meradia conducted an extensive review of performance measurement systems, using demos, interviews and questionnaires to deliver an objective evaluation that firms can actually use.Read More
While the prime objective of active asset management firms is the search for alpha, important questions arise: How does one measure alpha, identify levers that contribute to alpha and define a consistent process? In simpler terms, these could be viewed as return computation, performance attribution and systemic automation of the investment performance process respectively.Read More
Driving targeted success is critical with multiple global implementations. Meradia Group delivered a targeted transformation to a global financial services company. The complex nature of their massive data management initiatives required Meradia to deliver a focused solution that encompassed strategy, information visualization, and implementation of new business processes on a global scale.Read More
Without strong project management and leadership, systems implementations have a greater risk of failure. A global investment firm was trying to implement a third-party system and experiencing project challenges, resulting in missed deadlines, deliverables and go-live dates. The firm engaged Meradia to assume a leadership role in the project by taking control of the vendor relationship and course correcting a shaky project.Read More
Meradia recently held a well-attended roundtable: a collaborative conversation on the topics of data management, data governance and data protection. In attendance were a variety of senior individuals with roles that included a chief data steward, performance and analytics SVP, risk management data SVP and a mutual fund operations manager. All of whom were from leading financial services firms in core banking, fund administration, investment banking, insurance and institutional asset management.Read More
Following up, we now examine the MAC investment process itself: what are the methods and practices that successful MAC managers employ, and how do these distinguish MAC from more traditional approaches?Read More
For money managers today, having efficient reconciliation processes are crucial to maintaining accurate balances and reporting, reducing overall firm risk and ensuring compliant trading.Read More
A sometimes underestimated and often underappreciated aspect of an implementation project concerns training. When an investment firm implements a new system, particularly one affecting a large number of staff, training is a key success factor. Without a plan to organize, coordinate and train the various groups, go-live success is at risk.
A large wealth manager engaged Meradia to lead the organization and coordination of training for a new enterprise-wide implementation. The firm tasked Meradia with a significant objective: arrange for the delivery of training to a global team, across multiple functional groups, and covering several different project phases.Read More
Financial service organizations of all sizes face ongoing data management challenges. As data stores mature, they attract new customers and sometimes suffer growing pains as a result. Meradia was called in to address data quality and scalability issues arising from the rapid expansion of a data warehouse.Read More
The only thing more powerful than money, is information. What happens when that information is money? Financial data flows become increasingly sophisticated and complex with each passing day. Clients want to see accurate and timely reporting of billions of dollars (in terms of market value). To stay competitive financial service providers need to ensure enriched and properly mapped data, from a wide variety of service providers, is reported in a timely matter.Read More
Investment firms regularly undergo system conversions and implementations. Implementations that fail may carry significant reputational, operational or financial risk. While investment firms work hard to avoid or mitigate risk in the investment selection process, this risk focus is, at times, an afterthought when it comes to delivering projects.
A large wealth manager engaged Meradia to help it reset a key project that was in danger of failing. The firm needed Meradia to take control of several key project components, including data validation, gathering/writing business requirements and establishing effective communications with a vendor whose system was being implemented.Read More