aps CHANGE & TRANSFORMATION SPECIALISTS FOR THE WEALTH & ASSET MANAGEMENT INDUSTRY System Implementation ASSURANCE PROGRAMME SOLUTIONS

Transcription

1 aps ASSURANCE PROGRAMME SOLUTIONS CHANGE & TRANSFORMATION SPECIALISTS FOR THE WEALTH & ASSET MANAGEMENT INDUSTRY System Implementation January 2019

2 Setting the Scene: Summary Running an institutional quality asset or wealth management business requires far more planning and strategic thought than ever before. Of growing focus for senior management, is the pivotal role a firm s software and system architecture plays, in enabling the firm to achieve scale, whilst meeting the growing technical demands of compliance and compliance monitoring, as well as, minimise other operational risks. Software, systems and processes must be continually evaluated. Evaluation may identify the need for system upgrades, or moreover, conclude that the incumbent system no longer meets the evolving demands of the business, resulting in a full system change to another 3 rd party. The benefits of change can often be clearly identified; decreased IT and maintenance costs, lower staff overheads, improved product innovation and greater operational control and compliance. However, realising the benefits of change comes down to effective DELIVERY. Here at APS, delivery and providing delivery resource is our focus, enabling our clients to maximise the value of change. Delivery: It s what we do.. Strategic reviews and roadmaps: Working with you to identify your strategic goals and planning these against other critical deliveries in your organisation. Governance: Implementing simple robust governance across your organisation. Business Impact Assessments: Produce a business impact assessment on the proposed change. Business Case: Produce a business case for the change which includes the benefits of the changes and assigned business owners from each benefit. Target Operating Model (TOM): We document the current TOM and work with the client on the future proposed TOM. Resource: We provide expert change resources to support your organisation with the delivery throughout the project phases. Training requirements: Identify and plan your training requirements 2

3 APS: Our Approach At APS we phase our approach, having a such a big change to your organisation presents significant challenges and phasing this helps us imbed the proposed delivery. We tailor each delivery, as a universal solution isn t always the answer and by following this approach allows the necessary time to gather requirements from all relevant Stakeholders to tailor the delivery. APS: Our Phases Inception Requirements gathering and documentation Business Impact Assessments and Business Case completed Stakeholder mapping Planning Governance documented and signed off Delivery plans drawn up and agreed (high level) Project library and documentation agreed Delivery Finalised requirements and plans signed off (including TOM) Data Migration planning and delivery Design, Build, Test and Implementation of product Training / PIR Training of staff identified Training plans agreed, conducted and signed off PIR and Benefit owners completed 3

4 APS: Benefits and our Experience Training Plans Delivery - Target Operating Model Benefits Tracking Business Case Knowledge Business Impacts Assessment Tailored Solutions EXPERIENCE of multiple tier one deliveries in the UK and Europe PROVEN Knowledge of common pitfalls and application of lessons learnt TARGETED, Meaningful and Transparent Communication 4

5 APS: Key Risks and Considerations when delivering change Regulatory Regulatory Programme Delivery and impacts (e.g. PDS2, MIFID II, FTBR, SMRC) Design Authority review (to ensure impacts and sign off understood across organisation) Compliance/Risk RTB/BAU Impacts Design Authority Dependency Management Cross dependency management across the group (e.g. other major programmes delivering that impact digital transformation) Testing Assurance (to ensure quality of delivery) Testing Assurance Understand impacts to BAU both in IT and Business (including EUCs, Training requirements to ensure the business are ready) Compliance & Risk requirements included and signed off 5

6 A S S U R A N C E P R O G R A M M E S O L U T I O N S A B O U T U S A P S S E R V I C E O F F E R I N G Consultancy Change & Transformation Specialists for Wealth & Asset Management We are Change & Transformation Specialists in the Wealth & Asset Management Industry with a proven track record in delivery and experience within Global Banking, Insurance, Asset and Wealth Management. We pride ourselves on delivering projects on time, budget and quality expected in a rapidly changing landscape. Our vision is to become a trusted partner within the industry with whom organisations can rely on to deliver to the institutional quality expected. System Integration / Change Digital Transformation Regulatory Delivery Infrastructure Transformation Professional Services Testing Validation & Assurance UNITED KINGDOM: ASSURANCE PROGRAMME SOLUTIONS CONTACT US: APS OFFICE NUMBER: OR CONTACTUS@APSOLUTIONSUK.COM LONDON 6 LLOYDS AVENUE, LONDON, EC3N 3AX Our mission is to break the compromises that clients face when using Consultancies & Resource Agencies. Our business vision is to become a trusted specialist partner who our clients know they can depend on to deliver the calibre of people they need for their strategic projects. Corporate Treasury Service Management Business Readiness 6