We serve Financial Services clients exclusively. Our consultants are seasoned professionals who have worked with and for major buy-side and sell-side firms leveraging technology and service providers to achieve real economic value for our clients.

Client Challenge

Our client is a buy-side firm that had grown via acquisition with a complex set of technologies deployed to support its businesses — retail, institutional and alternative investments. The technologies deployed were a combination of third-party package solutions, in-house developed applications and a hybrid of code purchased from vendors that was now supported by the firm's internal technology staff. The technology architecture had evolved over 20+ years and involved an overcomplicated set of data feeds, interfaces and reconciliation processes.

Cambrian Approach

We worked with our client to evaluate the third-party providers for middle-office and back-office outsourcing. We defined a complete set of business requirements, operational scalability tests, data interfaces and process workflows. After down-selecting from a long list of ten potential partners, including global custodians and software providers, we invited two short-listed candidates to detailed joint design sessions. We then constructed financial models, engaged with legal reviews and undertook reference checks before choosing the finalist partner.

Business Results

The finalist partner engaged directly with the client and defined an implementation plan that would reduce total operating expenditure and achieve improved functionality and client service within 18 months.