Programme & Project Management

Our consultants have many years’ experience managing projects from small projects to large projects and much larger strategic programmes of work that took several years to complete.

We’ve managed initiatives to:

  • Select systems:
    – Front Office
    – Middle Office
    – Back Office
    – CRM & Client on-boarding
    – Client Reporting & Communications
  • Implement systems
  • Select outsourcing partners
  • Implement middle and back office outsourcing
  • Move from one outsource partner to another
  • Select a Global custodian
  • Select a Fund custodian
  • Move assets from one custodian to another

We are flexible and pragmatic in the way in which we manage programmes and projects, sometimes our clients ask us to use their own in-house tools and templates and sometimes they decide to use ours. Our tools and methodologies are based on the pragmatic use of the Prince2 methodology, however, we only use the tools required for job in hand and whilst recognising the need for an audit trail we try to keep bureaucracy to a minimum. Whichever tools we use we believe that strict programme and project governance is vital in order to keep scope and costs under control and to try to ensure that there are no nasty surprises along the way.

Some initiatives such as digital transformation projects tend to have rapidly changing or highly emergent requirements, in such cases we adapt our standard methodologies to incorporate an Agile development framework incorporating scrum and sprint techniques.

Case Study – European Retail Bank

We were engaged to assist this systemically important bank to select an Order Management and Post-trade Compliance system to support the needs of its Treasury and Custody businesses. We followed our well proven system selection methodologies to:

  • Gather requirements
  • Produce the future state Operating Models
  • Prepare, issue and score a Request for Proposal (RFP)
  • Plan and organise due diligence workshops with the short-listed vendor
  • Assist with commercial negotiations

Our assignment was then extended to manage the programme to implement the system and to work with the bank’s selected service provider to outsource the middle and back office operations for the Custody business

Case Study – Private Client & Institutional Stockbroker

One of our consultants managed a project to implement a sell-side stockbroking system for a private client and institutional stockbroker. This implementation covered two businesses and four departments encompassing around 65 positions for the automated execution of equities and derivatives instruments, encompassing many different use roles: management oversight; compliance & risk; institutional sales; sales traders; dealers; and private client advisers and dealers. The firm provided Discretionary, Advisory, and Execution Only services to a wide variety of clients.
The scope of the project also included interfacing to an outsourced service provider for one line of business and to internal systems for the other line of business in order to provide post trade execution STP. Extensive amendments were required to the internal middle and back office system in order to enable it to receive executed trades from the new system.

18 Loxford Way
United Kingdom

Contact Us

Steve Dyson
+44 (0) 7791 664771