OUR SERVICES: Enterprise, Process, Sourcing
Reduce costs and maximize the benefit of transitions
After mergers, acquisitions and restructurings we help you maximize the savings and benefits through effective understanding of business functions, operational processes and systems.
Services which improve effectiveness and reduce costs:
SwarmPoint provides consulting services to
- Institutional Brokers
- Prime Brokers
- Hedge Funds
- Securities Lending Departments
- Service Providers
Within the following businesses:
- Prime Brokerage
- Client Reporting
- Securities Lending
- Equity Financing
- Securities Processing
- Corporate Actions
- Swaps and other derivatives
- Options Trading
- Collateral Management
- Repo trading
- Cash Management
- Payment Services
- Cash Accounting and Interest
Typical Goals are to
- Increase Capacity
- Reduce Cost
- Enhance Agility
- Provide Management Metrics
- Identify Actions and Provide a Road Map
- Develop Budget Proposals
Why is Consulting Appropriate ?
- Consulting reduces operating costs by hiring experienced staff only when needed
- It allows you to have critical projects staffed appropriatly rather than with the resources you happen to have available
- External consulting teams cross silos more willingly
- Impartial assessments are difficult to staff internally
- Freeing up the right internal staff may not be practical
- External teams can raise questions which are not raised in the corporate culture
- Industry best practice is brought to bear in the project methodology and judgements
- Specialized experience is brought into the firm
- New conclusions can be more easily voiced
ENGAGEMENTS: Process and Sourcing
Prioritizing goals with stakeholders, refining objectives, assessing the current state, if appropriating identifying business processes and assessing gaps in alignment with goals. This leads to defining projects and other specific actions to close the gaps to reach the desired state and defining a road map to initiate these projects across a realistic time frame.
Organization and Project Audits
Identification of risk factors, resource gaps, blocked communication paths and suggestion of appropriate recommendations to bring organizations or projects in on track and within budget by supporting your team. Audits can also be performed as part of a due diligence assessment to understand and manage the impact of transitions.
Operational Process Documentation and Metrics
Documentation of business processes either to be communicated directly with management and staff, within your BPM platform, or using our proprietary process documentation tools and metrics.
Review of organizational functions. Identification of functions with appropriate criteria. Recommending any necessary organizational changes. Identifying significant business activities and drilling down into processes, if necessary defining metrics around processes in order to set metrics within SLAs.
SPECIALIZATIONS: Securities Lending, Payments
Experience in the following niche specializations is also part of our offering
Implementation of engines and interfaces around a series of settlement and cash related SWIFT messages for a broad range of financial processes. Implementations can be provided across a range of platforms or implemented a fresh for specific projects.
The universal business language (UBL) is a standard to allow integration across businesses of standard business order placing, fulfillment and accounting functions. Mandated by a number of governments and supported by standard ERP solutions it provides the core services for general industrial business process integration.
A rich XML format for the communication of SWAP trades for execution, valuation, settlement and reporting. Knowledge of this protocol is key to the integration of many derivative processes. FIX protocol based processes can similarly be implemented where needed.
Extensive in house knowledge of the EquiLend platform (The leading Securities Lending platform) allows us to advice, design or implement EquiLend integration or related development projects.
The incorporation of barcode technologies into form based process steps and the integration of fax readable barcode formats into business processes is something for which we can offer proprietary solutions which, where manual steps are required, can be a significant time saver.
Common Problems Addressed
- Need for clear goals and objectives
- Strengthening alignment with business partners through understanding goals
- Lack of metrics and management information to manage business processes
- Historical organizational structures blocking communication
- A lack of tool support or integration for current work team processes
- Lack of involvement in process ownership within and across groups
- Assessing and quantifying process transitions related to system changes
- Budget proposals which quantify the business benefits
Aligning your Processes with your Business Partners
- Further define operational activities
- Provide insights into bottlenecks
- Illustrate options for change
- Identify potential actions
- Empower business process change:
- Prepare for the transition
- Effective communication tools
Copyright 2007 to 2014 SwarmPoint LLC, New York, NY