Selection of a strategic solution to support transformation of a global securities operating model

Client situation

Lack of flexibility and high levels of complexity in the securities operations IT architecture was constraining the client’s ability to cope with predicted volume growth and to implement a more flexible global and functionally based operating model

Approach

• Conducted a feasibility study for the implementation of a cross-product, global and location independent solution
• Created a business case for measuring the benefits of the new solution
• Created a solution definition covering functional, technical, organisational and implementation process requirements
• Conducted an RfP process for selection of a preferred solution to be delivered by a consortium led by a prime contractor and system integrator
• Syndicated results, findings and recommendations with relevant stakeholders within the client organisation 

Deliverables

• Strategic Principles
• Logical Architecture Framework
• Functional Model
• Organisational Model
• Initial Business Case
• Functional, Technical, Organisational and Implementation Requirements
• Solution Evaluation
• Solution Recommendation
• Business Case

Key benefits

• Specification of a solution aligned to an agreed set of strategic principles
• Alignment of solution to complete set of functional, technical and organisational requirements and to other strategic initiatives
• Solution implementation approach that minimises the risk for the client
• Implementation decision based on a detailed business case that reflects lifecycle costs and planned benefits accrual