System Review & Strategy

Citisoft has frequently been involved in the review of Systems and Operational procedures for Investment Management Companies. These reviews can be of the whole business or one particular function, i.e. Front Office, Administration, Client Reporting, etc.

For a retail fund management company, Citisoft reviewed all aspects of the business operation including marketing, sales, investment management, compliance, custodianship and trustee reporting. This was a fundamental review of the whole business performed in conjunction with the Chief Executive of the company and the managers of the various departments involved.

For the investment management arm of an international life company, Citisoft conducted a review to assist the client in outsourcing its custody and administration. The company had particular taxation requirements that could not be addressed cost-effectively by third party administrators. The final solution was to appoint a new global custodian and to acquire a new investment administration system to be run in-house. Citisoft was retained to manage the implementation of the new system and the migration of assets to the new custodian.

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