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.
CutterResearch content is the proprietary property of Cutter Associates and our members who have entered into confidentiality agreements. It contains information that is proprietary and confidential to Cutter as well as to the vendors discussed within the reports (the "Vendors"). Disclosure of the information contained in the reports could cause irreparable harm to Cutter and/or the Vendors.
By selecting "I Agree" below, you agree to safeguard this information with the same care as your firm affords its own confidential information. You will not provide access to this information to anyone who is not an employee of your firm and will not distribute this information outside your firm. Furthermore, you will not provide access to this information to any employee of any subsidiary, unit, department or division of your firm that is engaged in any aspect of the software business involving third parties, including, without limitation, selling or otherwise providing software to third parties, assisting third parties in the selection or implementation of software, or providing investment related software information to third parties (collectively, the "Prohibited Recipients").