Our client, a leading global asset manager, engaged with Investigo to support their flagship business critical divestment programme. Leading the commercial programme through the separation, Investigo had to design and implement the strategy and target the operating build and thinkFolio alignment, to set up the new company across:
• Investment sales and distribution
• Product and product delivery
• Client services
• Custody oversight
• Fund accounting
• Transfer agency.
Investigo would also be required to manage several projects, from planning through to execution, using RAIDs, GANTT methodologies, lean optimisation and value chain mapping.
This involved separating an existing asset manager from the group and carrying out an entire rebuild and establishment of their organisation. Our client had an overall budget of $25 million covering the divestment and rebuild of technology and all business and functions, meaning highly skilled and lean delivery teams were required to deliver. The project stream of the overall programme was focused on the build out of front, middle and back office, including support and corporate functions. The programme included implementing new technologies thinkFolio, Factset, sales and MI reporting tools, and Salesforce.
Once the separation plan was established, the next phase was to: implement the new general business process to adhere to regulations, establish all board level infrastructure for proxy voting, redesign the infrastructure for reporting to the FCA, identify ESG issues and operate as a single legal entity by the end of the programme.