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.

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.

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Building Scalable Solutions - Overcoming Outdated Data Architecture

Investment managers and advisors struggle with using outdated processes to manage market data. Pricing data is a component of market data, and is often complex and intricate. For firms that have experienced rapid growth, but still have antiquated procedures, this can pose a significant challenge and risk to operational efficiency.

An investment advisory firm recognized the limitations imposed by using outdated Excel processes to manage pricing data. The firm retained Meradia to help it design a solution that would better serve its current and future data needs, and provide the scalability and reliability that the current Excel-based process could not. By evaluating the pricing team’s processes and uses of data, Meradia was able to design a complete data management solution that resolved not only pricing data inefficiencies, but also provided a bigger picture solution and process for managing market data.   

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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.  

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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. 

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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.

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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.

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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.  

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Multi-Asset Class Investing; Part 2 - Meeting the Process Challenge

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?

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CFA Institute’s GIPS Standards Annual Conference

As the political, financial and social forces in Europe conspire to increase the odds of a EURO event, no longer is the world worried only about Greece’s possible exit.  Contagion is a more significant risk.  Moreover, much larger economies including Spain, Italy and even Germany, Europe’s economic engine, are in play.

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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.

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Keys to Successful Implementations: Overcoming Organizational Obstacles

Financial services firms often undergo system implementations to meet client, regulatory or internal demand. Managing these projects is a critical business process, as failed implementations can impact a company's operating efficiency and bottom line. Meradia's Dan Steketee outlines typical reasons for failed implementations and details several keys to driving successful projects. 

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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.  

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The New Normal: Centralizing and Standardizing Data

Without standardized data, investment analysis can often be suspect. Even though investment firms recognize the critical role that data plays in their day-to-day operations, many do not take the steps necessary to preserve the integrity of their data. A global asset management client engaged Meradia to help develop a central repository to aggregate and normalize data from fifteen external sources, and then distribute to a wide variety of users and applications, including trading systems like Charles River. 

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