Service: Process Design and Change

From the Next Generation Operating Model to the AI Operating Model

From the Next Generation Operating Model to the AI Operating Model

Executive Summary  AI is no longer a tooling question for investment firms. It is an operating-model question. The firms that win will redesign work, decisions, controls, and talent fast enough to turn AI from scattered pilots into institutional advantage. Building on Meradia’s Next Generation Operating Model (NGOM), this paper introduces the AI Operating Model (AIOM): the management system that converts

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The Investment Data Behind a Total Portfolio Approach

The first paper in this series examined the questions executives inevitably face in the wake of major macroeconomic events: How quickly can we rebalance the portfolio to a new strategic posture without breaching liquidity, leverage, or regulatory constraints? How does a shift in emerging markets impact our portfolio over the next 24 hours? Despite the

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Less Is No Longer More: FactSet’s Performance Solution Rewrites Historical Performance Data Migrations

Less history, less risk. For more than a decade, Meradia approached investment performance implementations with this mantra. Two key assumptions underpinned the “less is more” philosophy: Assumption 1 – Performance implementations become more difficult with longer histories and more granular data. Assumption 2 – The exponential increase in project risk from migrating longer and more

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The Evolution of Meradia’s Approach to Investment Performance Data Migrations

Less history, less risk. For more than a decade, Meradia approached performance implementations with this mantra. Conventional wisdom says to migrate as little historical performance data as possible, because anything more brings unnecessary complexity without a commensurate payoff. This defensive stance was born from hard-won experience. Too many projects became bogged down by large data

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Tokenization Meets Operations: Four Changes That Matter

Introduction Over the past several years, tokenization has moved from a conceptual topic into something firms are actively bringing into production. What once lived mostly in proofs of concept and industry discussion is now starting to operate inside real market infrastructure. At a basic level, tokenization is the process of representing real‑world assets in a

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Architecting for Total Portfolio Approach

“Architecture is about the important stuff. Whatever that is.” – Ralph Jophnson. While Strategic Asset Allocation (SAA) and Total Portfolio Approach (TPA) are both investment philosophies, they require fundamentally different architectures to support them. Most asset owners do not struggle because of the allocation approach they choose. They struggle because the systems, data structures, and design decisions

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The Challenges and Complexities Facing Today’s Pension Plans

The role of the Chief Investment Officer (CIO) within pension plans has evolved significantly in recent years. No longer focused solely on portfolio construction and return generation, today’s CIO must navigate an environment shaped by data, technology, and a growing set of external pressures. The long-term sustainability, funding of pension systems, and the financial security

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The Case for a Total Portfolio Approach

In early 2026, U.S. action in Venezuela triggered a swift market reaction. Venezuela’s 17% share of global oil reserves led some investors to see renewed potential in its assets, while others viewed the development as a sharp shift in emerging‑market risk. These types of major events are more common than many assume. Over the past

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