Helping our client deliver a consistent view of client level flows and holdings at strategy and fund level
Through M&A the client had acquired a large asset manager’s capabilities, resulting from a divestment by a UK retail bank. They had communicated a tight twelve month timeline to fully integrate the two businesses, to create the largest independent UK asset manager with an AUM of over £350bn.
They faced difficult project management requirements for each key workstream in operations, distribution and investments, in order to reach ‘change in control’.
- Alpha designed the governance approach, the integration approach and detailed project plans
- We implemented a lean and effective programme reporting and management structure across the merging entities to bridge the challenging period during which the two teams were integrated
- We managed the definition of a clear project scope, and distinction between merger activities and post merger operating model improvements
They were able to have a rapid 2 week mobilisation of the programme team during the pre-‘change in control’ period. Alpha’s deep experience of post-merger integration programmes meant the team could hit the ground running and give the client a market leading approach from day one.
In a demanding merger period Alpha’s team brought an alternative, independent point of view and programme reporting structure, to work efficiently alongside the people mergers taking place.