A leading Investment Manager partnered with Citisoft to manage the conversion of their distributed fund complex onto a single platform, gaining efficiency, reducing cost, and reducing complexity as a result. Citisoft assisted the client in migrating funds from their proprietary fund accounting system onto their selected outsourcing provider’s solution.
A large, Global Asset Manager engaged Citisoft to perform a strategic review of their middle and back office operations and technology. Citisoft worked with the client to understand the business drivers for their business, assess the manager's current operations capabilities, and conduct a detailed evaluation to determine if middle office outsourcing would be a viable option for the business. As a result of the engagement, the client decided to retain primary responsibility for it's operations but make investments in key technologies including new performance and client communications platforms.
Citisoft was engaged by a Global Private Bank's Investment Management division to evaluate options for improving their middle and back-office operating model. Citisoft conducted a thorough analysis of the firm's operations, ultimately leading to the decision to outsource the firm's middle and back office processes to a third-party administrator. Through this assessment and transition effort, the client was able to achieve the focus it desired on it's front office competency, while gaining an important processing partner for future asset growth.
Citisoft performed a full strategic review of a leading fund management complex's technology and operations. As part of the holistic review, Citisoft focused on the risk and cost analysis of the organization's operational model and made extensive recommendations on technology, operations, and people improvements. As a result of the strategic review, an RFP was produced and issued for a partner to support the client's custody, accounting , transfer agency, and fund administration functions.
Citisoft has successfully managed the migration and transformation of new investment management clients onto a leading Asset Servicing firm's middle office outsourcing platform. Over the course of many migrations, Citisoft has become one of the service provider's key consulting partners and have played a number of high-profile program management and solution design roles including overall program management, business executive, business analysis, testing, and migration leads.
Citisoft was engaged by the Investment Management arm of a mid-sized global re-insurance organization to manage the evaluation and selection process of a service provider to render performance measurement services for the firm's investment portfolios. Upon selection of the preferred provider, the client engaged Citisoft to manage the global transition and transformation process through completion.
A Global Private Bank selected Citisoft to facilitate the Evaluation and Selection of a multi-currency order management, trading, and compliance application to support their equity and fixed-income processes. The Citisoft team was responsible for current and future state assessments, the creation and execution of a complete RFP effort, and the selection and recommendation of a new OMS system.
Citisoft developed a global implementation strategy for a multi-site Order Management System roll-out for a leading global investment management firm. The client looked to Citisoft to assist with the go-forward plan to bring new Portfolio Management, Trading, and Compliance capability to it's business partners; alogn with the full decommissioning of the existing order management system. Citisoft was engaged at multiple levels during the implementation, including providing program management and implementation resources for the multi-phased installation of the Charles River IMS platform.
Citisoft was engaged by a leading Global Asset Manager's Hedge Fund division to migrate the firm's portfolio management, trading, and risk management activities from the Bloomberg POMS to Bloomberg AIM platform. Citisoft provided project management and hands-on implementation support for the initiative. In addition to the overall management of the upgrade, Citisoft resources were heavily involved in the development of trading workflows, system interfaces, and reporting functions surrounding the application.
Citisoft was engaged by the Institutional Investment Management arm of a Leading Global Financial Services Firm. Citisoft defined and developed the implementation plan for the installation of LatentZero's Capstone suite for the firm and managed the rollout of the system across multiple locations. The implementation was split into three phases based on fund families with Citisoft resources assisting with project management, workflow analysis, system configuration, compliance guideline creation, training, and technical architecture design.