The client was evaluating its back-office operating model due to challenges such as fund accounting system technology limitations, expanded workload due to acquisition of new fund portfolios, and high employee churn in its fund accounting and valuations teams.
Given our domain expertise, and our understanding of the industry landscape and best practices, we were engaged to evaluate its current business model and growth strategy. We were also asked to recommend a future fund accounting and back office operating model for the client. It was critical that the new operating model enabled the client’s business objectives around timeliness and accuracy of fund accounting and reporting for all its fund schemes.
