A medium sized insurance and investment firm with USD 100 billion in AUM had begun a major program to transform its business and significantly upgrade and standardize its global investment operation platform. The program required implementing an internally built data warehouse and multiple vendor solutions, along with upgrading capabilities for risk management and front-to-back straight through processing. At the heart of the program was the implementation of a vendor solution supporting portfolio modeling and trading, investment operations, and compliance at trade and portfolio levels, as well as daily risk analysis and reporting for a complex, global mix of assets.
Client Type: Insurance and Investment Manager
Assets Under Management: Over USD 100 billion
Location: United States
With an aggressive timeline to implement the entire program, the firm asked Cutter Associates for help navigating the vendors’ proposed implementation approaches, and for hands-on help leading the project and delivering on several critical work streams.
Our senior implementation specialist served as a trusted advisor in the overall implementation planning effort, and led teams through a number of the primary work streams. Areas of significant guidance included the following:
Throughout the project, we provided leadership, insight, and guidance to ensure continuous focus on “what really mattered” to our client. We worked across application and business teams globally, defining new business processes for the firm’s target operation platform, and helping the vendor integrate with investment products they were not familiar with.
With Cutter Associates' help, our client defined the business processes required for robust, automated trade level and daily/overnight compliance monitoring, and completed the project within a week of the nine month project plan goal.