Financial Services & Asset Management

Rethinking financial services. Shaping lasting change.

For banks, fund management companies, asset managers and securities account providers. We take business and regulatory change from design through implementation and acceptance into operations.

Discuss your initiativeExplore our capabilities

Why it matters

What is driving change in the industry

  • Regulation

    New requirements keep arriving, with fixed dates attached.

  • Digitalisation

    Customers and advisers expect journeys that work end to end.

  • Operations

    Manual work and ageing platforms cost more every year.

Who we work with

Our Capabilities

We Work Across Five Areas.

We define requirements, design solutions and turn change into working practice.

  • 01

    Business & Regulatory Transformation

    Assess regulatory requirements, define the changes needed and drive implementation through to stabilisation.

    Business & Regulatory Transformation

  • 02

    Investment & Asset Management

    Enhance securities account servicing, fund and investment processes from front to back office.

    Investment & Asset Management

  • 03

    Digital Products & Platforms

    Develop digital sales and onboarding journeys, products and platforms, and integrate them.

    Digital Products & Platforms

  • 04

    Data, AI & Automation

    Improve data quality and flows, deliver analytics and automate suitable business processes.

    Data, AI & Automation

  • 05

    Delivery Excellence

    Lead projects and programmes, take on product ownership and business analysis, and manage testing and go-live.

    Delivery Excellence

How We Work

We Stay Until It Runs.

Five stages, each with something you can hold us to. The last two are where a change becomes part of daily operations, and they are where we stay.

  1. Business design

    Business specification · process blueprint

  2. Implementation

    Implemented functions · integrated interfaces · migrated data

  3. Acceptance

    Acceptance record · test evidence

  4. Operational handover

    Cutover plan · handover pack

  5. Stabilisation

    Defect log · closure record

Track Record

Selected Project Experience of Our Team.

    • Project 1

    Securities Account Transformation at a Large Securities Account Provider

    Development of securities account products and business processes within a major programme with a total budget in the three-digit millions of euros. Product ownership, sub-project leadership, business delivery management, and release and test management.

    • Project 2

    Settlement Transformation at a Large Fund Management Company

    Introduction of a new settlement system within a major programme with a total budget in the three-digit millions of euros. Business lead for the system introduction and test automation.

    • Project 3

    Asset Management Transformation at a Large Fund Management Company

    Improvement of fund, market-data and investment processes; selection and onboarding of a global outsourcing provider; support for a depositary merger and process harmonisation.

    • Project 4

    Provider Management & Process Harmonisation in a Large Financial Group

    Coordination and oversight of depositaries, third-party ManCos and securities account providers; alignment of service-level and outsourcing agreements, and harmonisation of banking processes and derivation of system requirements.

What We Deliver

Our Services in Detail.

Each area lists the services we provide and the roles we can cover.

  • Capability 01

Business & Regulatory Transformation

We connect regulatory requirements with business change and practical delivery.

  1. Assess
  2. Specify
  3. Build & test
  4. Evidence
  5. Handover
  6. Stabilise

  • Regulatory Strategy

    We assess what a requirement means for processes and systems.

  • Business Analysis

    We turn needs and rules into requirements developers can build from.

  • Target Operating Model

    We agree target structure, roles, governance and decision rights.

  • Regulatory Change

    We define the changes, manage implementation and keep the evidence.

  • Process Redesign

    We analyse and improve end-to-end processes, connect fragmented workflows and reduce manual rework, and turn improvements into actionable business and technical requirements.

  • Business Transformation

    We turn organisational, process and technology change into one plan.

Roles we cover

  • Project Manager
  • Business Analyst
  • Requirements Engineer
  • PMO
  • Product Owner

Deliverables we produce

  • Impact assessment
  • Prioritised roadmap
  • RACI matrix
  • Business specification
  • Target processes
  • Actionable requirements
  • Implemented process improvements
  • Capability 02 / I

Fund Management & Operations

We develop fund products and enhance investment processes and systems for fund management companies and asset managers.

    • Investment & trading

      01Front office

      Portfolio & order management

      • Allocation & rebalancing

      • Order management

      • Pre-trade checks

      • Trading connectivity

      • Reference & market data

    • Trade processing

      02Middle office

      Trade support & analytics

      • Trade matching

      • Settlement monitoring

      • Collateral management

      • Position & cash reconciliation

      • Performance & attribution

    • Fund administration

      03Back office

      Fund administration

      • Settlement & fund accounting

      • Valuation & NAV

      • Subscriptions & redemptions

      • Income & corporate actions

      • Fund & regulatory reporting

  2. Cross-functional controls

    Investment limits, Independent risk control, Liquidity risk, Data quality

  3. Key connections

    Brokers / trading venues, Depositaries / custodians, Fund administrators, Transfer agents, Data providers

Focus: securities funds. Functional view; allocation depends on the operating model, and risk control remains independent.

  • Fund Products & Lifecycle

    We design fund launch processes, define fund and share-class rules, and implement product changes together with business and IT.

  • Portfolio & Trading Processes

    We specify portfolio and order workflows, control rules and data flows.

  • Provider Management & Outsourcing

    We run provider selection, agree service levels and manage the transition.

  • Fund Administration & Depositary Interfaces

    We specify and implement process and system changes across fund accounting, valuation, fund reporting and depositary reconciliations.

Roles we cover

  • Product Owner
  • Business Analyst
  • Project Manager
  • Business Lead
  • Provider Manager
  • Test Manager

Deliverables we produce

  • Product specification
  • Implementation plan
  • Process specification
  • Acceptance pack
  • SLA & controls
  • Interface specification
  • Test evidence
  • Capability 02 / II

Retail Investment Account Servicing

We develop products and servicing processes for retail investment accounts, through acceptance and post-go-live stabilisation.

    • Products

      01Account Products

      Product and contract rules

      • Account models

      • Product rules

      • Savings & withdrawal plans

      • Retirement products

      • Product information

    • Account servicing

      02Account Servicing

      Opening and ongoing administration

      • Opening & closure

      • Client data

      • Contract amendments

      • Position keeping

      • Account transfers

    • Processing

      03Transactions & Statements

      Processing and client records

      • Purchase / sale / switch

      • Payments & withdrawals

      • Income & reinvestment

      • Fees & taxes

      • Confirmations & statements

  2. Systems we connect

    Distribution & portals, Account & contract systems, Fund platforms, Payments

  • Account & Retirement Products

    We specify account models, savings and withdrawal plans, and contract rules.

  • Account & Transaction Servicing

    We design opening, transfers, and purchase, sale and switch processing.

  • Income, Charges & Statements

    We specify income, fee and tax processing, and client statements.

  • Integration & Implementation

    We define interfaces and run migration, testing and handover.

Roles we cover

  • Product Owner
  • Business Analyst
  • Project Manager
  • Business Lead
  • Test Manager

Deliverables we produce

  • Product specification
  • User stories
  • Process specification
  • Booking rules
  • Acceptance criteria
  • Calculation rules
  • Statement design
  • Test scenarios
  • Interface specification
  • Migration & test plan
  • Capability 03

Digital Products & Platforms

We bring customer needs, product requirements and technology delivery together.

  1. Discover
  2. Capture
  3. Checks
  4. Consent
  5. Activation
  6. Servicing

Exception paths Interrupted applications and failed checks are specified and tested too.

  • Digital Sales & Customer Journeys

    We map customer and adviser journeys, then specify screens and rules.

  • Digital Onboarding

    We design capture, checks, consent and activation, exception paths included.

  • Platform Modernisation

    We prioritise releases and plan migration, cutover and fallback.

  • Interfaces & System Integration

    We define fields, state transitions, error handling and cross-system tests.

Roles we cover

  • Product Owner
  • Business Analyst
  • Requirements Engineer
  • Test Manager
  • Project Manager
  • Solution Architect

Deliverables we produce

  • Screen specifications
  • User stories
  • Process model
  • Status rules
  • Product backlog
  • Interface specification
  • Data mapping
  • Capability 04

Data, AI & Automation

We combine business understanding with data and technology expertise.

  1. L1

    Sources & feeds

    Origins, target fields, transformations

    • Platforms
  2. L2

    Ownership & rules

    Definitions, approvals, quality rules

    • Governance
  3. L3

    Metrics & reporting

    Calculation logic, validated results

    • Analytics
  4. L4

    Use cases & review

    Human review, monitored output

    • AI & GenAI

  • Data Strategy & Governance

    We agree data ownership, definitions and quality rules.

  • Data Platforms & Data Quality

    We specify sources, rules and feeds, then fix quality.

  • Advanced Analytics & Reporting

    We agree metric definitions and calculation rules, then build the reports.

  • AI, GenAI & Intelligent Automation

    We scope use cases, set human review, then test them.

Roles we cover

  • Data Consultant
  • Business Analyst
  • Project Manager
  • Solution Architect
  • Product Owner
  • AI Consultant

Deliverables we produce

  • Action plan
  • Dashboards
  • Scoped use case
  • Working pilot
  • Capability 05 / I

Project & Programme Management

We take responsibility for projects and programmes from mandate through to operational handover.

  • Illustrative example

  1. Securities account platform replacement

    One target date, one budget, one steering committee

    • Products & contracts

      Lifecycles, product rules, migration

    • Provider onboarding

      SLAs, interfaces, transition

    • Reporting & data feeds

      Mappings, fund accounting, depositary

  3. PMO · Governance · Executive decisions

Each with its own mandate, plan and controls.

  • Programme Management

    We coordinate dependencies, capacity and budgets across projects.

  • Project Management

    We clarify the project mandate, steer schedule, budget and risk, and drive the decisions that are needed.

  • PMO & Governance

    We set reporting standards and keep decisions on the record.

  • Go-live & Project Closure

    We coordinate acceptance, cutover and handover, then close cleanly.

Roles we cover

  • Project Manager
  • Workstream Lead
  • PMO
  • Programme Manager
  • Programme PMO

Deliverables we produce

  • Dependency view
  • Delivery plan
  • Decision papers
  • Capability 05 / II

Product Ownership & Business Analysis

We take business ownership between product, business stakeholders and engineering.

  1. Business need elicited
  2. Requirement specified
  3. User story refined
  4. Test case executed
  5. Acceptance signed off

  • Direction & Backlog

    We clarify the product goal and order the backlog.

  • Delivery & Acceptance

    We run refinement, review completed work and agree business acceptance.

  • Business Analysis & Requirements

    We specify rules, data and interfaces, including the edge cases.

  • Agile Delivery

    We make planning and reviews work, with a Definition of Done.

Roles we cover

  • Product Owner
  • Business Analyst
  • Requirements Engineer
  • Business Lead
  • Scrum Master

Deliverables we produce

  • User stories
  • Team practices
  • Quality criteria
  • Capability 05 / III

Testing & Quality Management

We plan and manage quality across requirements, test data, environments and releases.

Coverage matrix
Test levelStandardBoundaryNegativeError
ComponentPlanned and covered Coverage Standard scenarios at Component levelPlanned and covered Coverage Boundary scenarios at Component levelNot applicableNot applicable
SystemPlanned and covered Coverage Standard scenarios at System levelPlanned and covered Coverage Boundary scenarios at System levelPlanned and covered Coverage Negative scenarios at System levelPlanned and covered Coverage Error scenarios at System level
InterfacePlanned and covered Coverage Standard scenarios at Interface levelPlanned and covered Coverage Boundary scenarios at Interface levelPlanned and covered Coverage Negative scenarios at Interface levelPlanned and covered Coverage Error scenarios at Interface level
IntegrationPlanned and covered Coverage Standard scenarios at Integration levelPlanned and covered Coverage Boundary scenarios at Integration levelPlanned and covered Coverage Negative scenarios at Integration levelPlanned and covered Coverage Error scenarios at Integration level
MigrationPlanned and covered Coverage Standard scenarios at Migration levelPlanned and covered Coverage Boundary scenarios at Migration levelNot applicablePlanned and covered Coverage Error scenarios at Migration level
End-to-endPlanned and covered Coverage Standard scenarios at End-to-end levelPlanned and covered Coverage Boundary scenarios at End-to-end levelPlanned and covered Coverage Negative scenarios at End-to-end levelPlanned and covered Coverage Error scenarios at End-to-end level
RegressionPlanned and covered Coverage Standard scenarios at Regression levelNot applicableNot applicablePlanned and covered Coverage Error scenarios at Regression level
User acceptancePlanned and covered Coverage Standard scenarios at User acceptance levelPlanned and covered Coverage Boundary scenarios at User acceptance levelNot applicablePlanned and covered Coverage Error scenarios at User acceptance level
  • Planned and covered
  • Not applicable

Select a square for what it covers. Coverage is agreed per release.

  • Test Strategy & Planning

    We define scope, test levels and scenarios.

  • Test Data & Environments

    We organise test data, access and environment versions.

  • Execution & Defect Management

    We run the cycles, track defects and automate regression tests.

  • Acceptance & Stabilisation

    We prepare the release decision and track defects after go-live.

Roles we cover

  • Test Manager
  • Business Analyst
  • Requirements Engineer
  • Data Consultant
  • Project Manager
  • Product Owner

Deliverables we produce

  • Coverage matrix
  • Defined datasets
  • Test evidence
  • Handover plan

Engage Us

Ways to Start.

Talk it through, scope a defined engagement, or bring in the roles you need.

  • Initial Consultation

    Start here

    No Cost

    60-minute expert conversation

    • Talk through the initiative
    • Review the decisions ahead
    • Honest expert perspective
    • No sales pitch, no commitment
    Book a Consultation

  • Defined Engagement

    Most popular

    Fixed Scope

    Agreed deliverables and timeline

    • Business specification and requirements
    • Implementation and acceptance support
    • Test, go-live and handover documentation
    • A named delivery owner
    Scope a Project

  • Embedded Roles

    On Demand

    Flexible as needed

    • Project and programme management
    • Product ownership and business analysis
    • Test management and PMO
    • Scale up or down, transparent rates
    Talk to Us

Get in Touch

Your Initiative. Our Commitment.

Dr. Dimitri GolovkoSenior Manager

Book a free consultation

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