Our Work

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.

Knowledge Management: La RĂ©sistance de La RĂ©sistance

Who among us has not been impacted by the departure (voluntary or involuntary) of fellow employees; co-workers, subordinates and supervisors?  What we lose is both the explicit and tacit knowledge of business as usual activities as well as the vision for future growth and the relationships that foster team-based efficiency.  Meradia surveyed financial services professionals in the front, middle and back offices and what we heard was generally consistent; firms suffer when employees leave. 

Read More
Course Correcting A Shaky Project - Taking Control and Managing The Vendor

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
Is Your Company Active or Reactive In The Data Governance Journey?

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
Implementing Market Value Reconciliation: Confirming Data Quality

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
Taking Command and Righting the Ship-Saving a Foundering Project

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
Investment Performance Systems - Demystified

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
Strategic Solution Design and Competitive Analysis for Internal System Consolidation

The integration of two different systems and groups will inevitably pose challenges and therefore concerns from each of the impacted parties. Meradia was called in to assist two separate divisions of a large, multi-national corporation that were in the process of determining if and how one division should buy the function and services of another.

Read More
Ensuring Go-Live Success- Coordinating Stakeholder Training

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
Business Process Outsourcing: A Push for ROI in the Financial Services Industry

Business Process Outsourcing, better known as BPO, is hardly a new concept in the financial services industry. Firms have long looked for ways to maximize operating efficiency and found outsourcing to be a viable means of improving cost structures. Following the near crash in 2008, and amidst shrinking margins, firms have increased outsourcing spend to combat margin pressures. Meradia's Dan Steketee examines the concept and outlines challenges as well as keys to success. 

Read More
Back to the Future: Building a Strategic Roadmap

Client reporting is a critical operating process. As such, firms often look to improve the processes supporting the client-reporting engine. One such investment company was concerned that the current process and the cohesiveness of outputs required improvement. The investment firm retained Meradia Group to develop a strategic roadmap for its client reporting functions. It also requested that Meradia advise on industry best practices for client reporting outputs. 

Read More
How to Improve Client Reporting

 

Increased regulatory scrutiny, heightened client sophistication and their even higher expectations make client reporting critical for investment managers.  Meradia’s Dan Stout shares his views with FUNDfire on the framework required to effectively attack these multi-faceted, often highly-complex client reporting initiatives.    

Read More
Multi-Asset Class Investing: Part 1 - Forces Behind a Trend

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