September 12th, 2012
Rather than its old “scorekeeper” mentality, evolving from that by choosing Finance Transformation, the CFO redefines finance to a service oriented partner to the enterprise and its businesses providing value-added services. Legacy Finance Systems Transformation ultimately unlocks value, improves shareholder value and creates a competitive advantage.
Capital Markets Advisors (“CMA”) has seasoned program/project managers, senior business analysts, testing specialists and data conversion specialist professionals with extensive experience and successful track records in engagements that upgrade your systems, the quality of what those produce and how this will improve, and perhaps optimize what the systems are to do at the enterprise.
Consider Projects such as the following at which CMA has had success in completing for clients:
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Delivering large scale transformations, especially brokerage back office conversions, including Broadridge and others;
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Driving individual and in other cases multiple work-streams;
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Managing complex, global enterprise-wide and multi-entity programs with large # of stakeholders;
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Running a large scale PMO, including setup and maintenance of governance meetings, project plans, KPI’s, dashboards, status reporting, issue and risk tracking;
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Performing current state analysis and documenting current state, using client and vendor documentation, standard (and if needed proprietary) tools, templates and accelerators;
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Performing future state analysis, gap identification, and developing remediation plans for all gaps;
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Development of detailed business and functional requirements, including decomposition into data and functional process flows;
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Data analysis related to functional processes and development of data mapping for file conversions and interfaces;
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Development of operational procedures, training manuals and related materials, and training staff;
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Development of use cases, test scripts, test plans and conducting UAT, system integration testing, BCP/ DRP/ non-functional testing, and parallel/ mock conversion/dress rehearsal testing.
Our professionals possess:
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More than 10 years of recent securities operations and related technology experience in both consulting and senior leadership roles within their respective institutions (on average)
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Deep SME knowledge in several of the key operational areas such as prime brokerage, P&S, settlements, cashiering, margin, securities lending, voluntary & mandatory corporate actions, dividends, interest, options, mutual funds, customer reporting, compliance/regulatory reporting, reference data and finance.
In summary we can assist organizations to gain timely, cost effective access to accurate financial and operational information transforming the internal finance function from a purely transactional role to a more strategic performance.
