…offer concrete project management value. This includes: Setting a proper plan for all activities with an estimated duration to reach the finish line Creating a budget inclusive of all project activities. For example, an initiative that may take one meeting to address should really have two additional “buffer” meetings to accommodate schedule changes or prolonged decision-making Holding meetings on the…
…and criteria for completion. Yet we see time and time again firms overlook this element. Thorough PoC scope planning assures critical needs are tested, and the PoC is completed in a timely fashion, with you and the vendor comprehending the operational requirements and system’s capabilities. This scope planning should include defining what success means. Is it an exact match to…
…firms. A good example of this is custody position reconciliations. The second outsourcing wave started with the recovery after the dot-com crash and outsourced a collection of distinct – but related – processes giving rise to the age of integrated automation. Having built their competence around multiple applications, outsourcing vendors gained subject matter expertise to handle the entire function. Extending…
…scale for even greater value. The industry is much more focused on the operational investment datasets versus the farther-reaching information that exists all around the environment, including information sets from sales, finance, client interactions, communications, competitive analysis, transfer agency, broker-dealer, marketing, Request for Proposal (RFP) repositories, and the list goes on. Perhaps this data could provide a view of trends…
…✅ How achieving efficiency at scale becomes possible through a proven operational framework ✅ How to optimize the four pillars of efficient operating models ✅ How Meradia’s proven framework enables strategic and sustainable growth for asset managers Read the full article here: https://meradia.com/thought-leadership/solving-for-scale-transforming-investment-operations-to-meet-rapid-growth/ Moderator: Jonathan Boersma, CFA Panelists: George Hogan, CFA, FRM, Ambika D’Souza, CSPO, CIPM, and Sean Murray…
…Annual GIPS Standards conference hosted by CFA Institute, Jonathan Boersma, CFA, was invited to speak on mergers and acquisitions with CFA Institute’s Director of Global Industry Standards Beth Kaiser Schwartz, CFA, CIPM, and Insight Investment’s James O’Leary. View the video here: https://players.brightcove.net/pages/v1/index.html?accountId=1183701590001&playerId=rkcysOOFe&videoId=6339983404112&autoplay=true Jonathan also wrote about the operational challenges of mergers and acquisitions in his latest whitepaper. Read more: https://meradia.com/thought-leadership/facing-the-challenges-of-mergers-and-acquisitions/…
…ground with team members on light-hearted topics such as family, sports or hobbies; and then allow time for comfortable cultivation. Good relationships allow consultants to provide great service. Understanding communication parameters – The front office receives far too many emails for this to be an effective form of communication from a BA or PM consultant. Often, front office team members…
…instances where an all-in technology view has been taken. Research has indicated that IT expenditures and top performers need not necessarily go hand in hand. In a large study of the financial results of 7,500 U.S. companies, the top performers tended to be among the most tightfisted. The 25 companies that delivered the highest economic returns, for example, spent on…
Has your outsource solution lived up to its expectations? Have real-world problems with integration and the production environment simply shifted bottlenecks or errors to new areas? Key operational components and workflows are the lifeblood of any large organization. But when decisions to outsource were made years or even decades ago, the criteria becomes dated and inapplicable. Don’t overlook these three…
…use some extra attention. Prioritize what’s most important to you, as this will serve as your benchmark when evaluating solutions moving forward. For example, you might find it most valuable to focus on improving communication and unifying teams throughout the company or ensuring data is collected and represented in a succinct manner. You likely don’t have to overhaul every aspect…
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