Front Office IT Review

A strategic review of front office IT architecture - to assess the current models and vendors against peers’, and for the client to better meet their future aspirations.

Client Challenges

Our client had completed an internal review of its front office architecture, with inconclusive results. Alpha was engaged to assist in identifying the optimal front office architecture, and its impact on the middle and back office functions. Historically, the client’s different business areas had selected IT solutions independently, which had led to a lack of consistency across the front office in terms of both applications and data.

Alpha Approach

  • Alpha interviewed key stakeholders and reviewed existing documentation to determine the client’s IT strategy and guiding principles and aid decision making
  • The team then defined several application and data architecture models, benchmarked the client versus standard market practice and provided a high level review of which vendors could meet functionality needs
  • Alpha completed an assessment for each model, to weigh up implementation efforts and annual costs, and provided a final recommendation that incorporated the whole analysis

Client Benefits

The client was able to compare their current state architecture model with industry peers, and identify which option would best meet their future aspirations. The guiding principles helped to keep conversations focused in a collegiate environment with a large number of stakeholders.

The client also gained new insights into different architecture options and available IT vendors. Alpha introduced a new approach towards considering data architecture, addressing many existing issues and aiding in their overall decision making process.

Related case studies include:

September 20, 2016

Evaluation, selection, implementation and post go-live support of a new Portfolio and Order Management System


September 20, 2016

Evaluation and re-definition of front-to-back operating model across 10 locations

Client Types

  • European pension & asset manager

Sponsor

  • Chief Information Officer
  • Chief Operating Officer

Functions

  • Front office
  • Middle office
  • Back office

Geographic Scope

  • Netherlands

Fund Types

  • €155bn of predominantly pension and insurance assets, invested in traditional and alternative asset classes