Portfolio Management

We provide services around trading, execution, compliance, performance and risk.

In the last decade, Order Management and Execution Management on the buy-side has been a fast-changing environment, often playing catch-up with enhancement and innovation on the sell side. Having direct access to markets, as well as more sophisticated Order Management capability, has become increasingly important to Asset Managers – a need that software providers have responded to in recent years.

As this market evolves, Axxsys is staying ahead of other consultancies in being there for our clients and ensuring they have the latest innovation available as they determine their execution strategy. We are also working closely with inter-dealer brokers to maximise our understanding of how these businesses are positioning themselves to serve the Investment Management sector.

Ensuring that your IT strategy is fully aligned to your target operating model is key to any business success. For many firms, focus on technology strategy only takes place after a business model has already been derived. As a result, progress can be hamstrung by decisions made in isolation, excessive emphasis on preserving the current state, and a limited understanding of the investment required to support change budgets. It may also be hard to secure organisational buy-in that the technology model should be in lock-step with the definition of any business objectives.

At Axxsys, our professional and experienced practitioners provide advisory and execution services to put in place and align our clients’ strategy.

Performance & Risk

Axxsys provides the expertise you need in Operating Models and System Selection for all your Performance Measurement, Attribution and Risk (PMAR) requirements.

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Performance & Risk

The generation of Alpha for clients is a key requirement in any successful investment relationship, but more and more clients are demanding better transparency as to how the performance was achieved.

Asset Managers are having to respond to this increased granularity of information, through stronger Client Reporting, including Performance Measurement, Attribution and Explain as well as demonstrating what Risk parameters where considered as Investment Decisions are made.

Axxsys have helped organisations address this richer functionality ask of Clients, develop Future State Target Operating models and provide comprehensive System Selection for Performance Measurement.

Regulatory Strategy

Axxsys gives you flexibility as a business, and the comfort that regulatory expertise is at hand, not only to advise on regulatory changes, but to deliver that change.

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Regulatory Strategy

The financial services industry is experiencing unprecedented levels of global regulatory change. All organisations face common challenges, trying to balance the cost of meeting the regulatory burden, whilst integrating new processes into existing business functions and roles.
We have hands-on delivery experience within the Regulatory space, across multiple regulatory requirements, and with our knowledge of the business and the systems that firms rely on we can translate these challenges into efficient solutions, minimising risk and ensuring compliance.
In addition, we will always look for ways in which any changes can be used to create value within the business and the organisation’s operating model.

Our approach:

  • We conduct our own internal research on regulatory changes and invest in the development of tools and methodologies
  • We assess the impact regulatory changes will have on your organisation and can advise you on the best strategy.
  • We manage, design and implement the best-fit solution for your organisation
  • Post-regulatory health-check, leveraging our hands-on experience in delivering solutions.

TOM

Axxsys' Target Operating Model service is the strategic blueprint for organisation, processes & technology, enabling our clients to redesign the operating model to optimise the business.

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TOM

Axxsys takes a top-down approach converting management visions to sustainable solutions. Each client is unique, but we leverage our experience, Axxelerators and  proven methodology when working with clients on defining the business and technology strategy. At the heart of our strategic services is our Target Operating Model (TOM) framework where we assist our clients in defining the high-level blueprint describing organisation, operational processes and technology. The aim is to allow the client to understand how people, processes and technology creates value and how to redesign the operating model to optimise the business.

The TOM helps the firm to achieve its strategic vision, serving as the road map and reference framework to manage the change programme, helping to set direction, track progress and ensure that any changes and initiatives are aligned with the overall strategy.

Axxsys Target Operating Model Service is offered across the industry including Asset Management, Wealth Management, Insurance companies, Pension Funds and Capital Markets.

Trading

The importance of cost effective and accurate Portfolio Implementation has had an increased importance over the last 4-5 years leading to Axxsys helping many clients review their operations to maximise effectiveness and reduce errors.

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Trading

The emphasis on accurate and effective Portfolio Implementation over the last few years has led some Investment Managers to bring their Trading operations partnerships closer or even in-house.

Axxsys has helped several firms review their Trading operations to understand the complexity and cost effectiveness of right sourcing, and to understand the efficiency of the trading operation in terms of offering the client the best value.

Many systems are used in this space, and a trend in Asset Management to stay with ‘what they know’ needs a shake-up. Axxsys has provided expertise in providing clients with a platform that allows them to review all options, providing market intelligence and embracing some of the newer techniques in accessing the markets.

Change is an ever-present feature of the wider business environment, from the increasingly complex burden of regulatory oversight to Britain’s exit from the European Union and the seismic shifts ocurring in the US market.

While these factors may not be crucial to daily Front Office operations, they have a critical influence on Portfolio Construction, Performance and Investment Risk. Axxsys can provide insight into the impact of external change on your operations, with particular focus on Performance and Risk, to ensure robust oversight and transparency for both you and your clients.

Business Readiness

A smooth transition to a new system or processes is key to reduce potential operational risk issues and errors and ensure the benefits from a new infrastructure are achieved.

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Business Readiness

The Axxsys User Training service aims to provide a strategy of end-user training in a structured method to guarantee a successful implementation. This service is designed for institutions such a Fund managers, Investment banks, Pension Funds and Insurance companies implementing or upgrading their current system infrastructure.

Axxsys provides advanced functional or technical training programmes performed by senior consultants and experts who are business knowledgeable and completely up to speed on the latest enhancements and features. We believe that training should be delivered with flexibility and relevance to our clients’ organisation. We therefore tailor the training sessions, to meet the unique objectives, and rely on our expertise from the different domains in the value chain within Investment Management, combined with detailed knowledge and experience from all the solutions our consultants deliver on a daily basis. We can provide training on a number of applications, such as Advent, Markit EDM, SimCorp Dimension, Blackrock/Aladdin, CRD and Murex.

Our Axxsys User Training service is based on the use of Axxsys Axxelerators™ which provide proven methodology and best practise guidelines along with our in-depth knowledge across multiple systems.

Development & Configuration

Axxsys provides development and configuration services across a number of standard products and tools for the financial sector.

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Development & Configuration

Axxsys Build Service is offered to clients across the Financial Services industry including Asset Management, Wealth Management, Insurance companies, Pension Funds and Capital Markets. We believe that whoever is building the final solution should possess extensive business and product knowledge in order to extract maximum benefit in the minimum time, ensuring that business requirements are delivered upon in a well-functioning system. Axxsys offers a range of build services across the entire organisational spectrum, providing expertise in Business Configuration, Integration Development and Technology/ Development Configuration.

The Build Service utilises Axxsys Axxelerators™, incorporating Axxsys standard best practice solutions for a broad suite of popular financial industry-leading products, developed through years of experience across dozens of clients. A typical Business Configuration build process will involve taking the finalised business requirements and building a prototype solution using existing Axxsys builds as a template. In close collaboration with our clients, the solution is refined through an agile process until it is ready to take to the testing phase of the project.

Axxsys are experts in a number of standard products including SimCorp Dimension, MarkitEDM and Charles River (CRD).

Programme Management

Axxsys Programme and Project Management can help control and manage cross-dependencies across multiple project implementations and ensure the overall strategic objectives are met and change is delivered on time and on budget.

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Programme Management

To effectively manage change, a suitable change management process and governance model needs to be in place. The Axxsys approach will apply a proven change management process and governance structure to any form of change in our client’s organisation, from smaller initiatives to large-scale change programs. The objective is to create overview, coherence and transparency of decision-making and ease stakeholder management.  This will ensure that projects can be delivered on time and on budget.  Our Programme Management service will allow your organisation to perform the right initiatives or activities effectively. Axxsys can also help you prioritise your project portfolio and align this to your company objectives and goals.

Axxsys has a proven successful Programme Management, Change Management and Project Governance Model, and we have all relevant project templates and a repository of the relevant roles for a project.

We are experts in assembling high performance teams, and we have successfully managed large changes as well as smaller projects for our clients.

Quality Assurance

Axxsys QA Services is offered across the industry and targets the core change elements - Business requirements, designs, testing and deployment, together with QA of change management processes, project governance, people and capabilities.

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Quality Assurance

Quality Assurance (QA) is an integral part of any large change programme or project in the industry. The overall objective is to manage risk and improve the likelihood for delivery on time, on budget and to required quality standards.

Axxsys QA Services is offered across the industry and targets the core change elements – Business requirements, designs, testing and deployment, together with QA of change management processes, project governance, people and capabilities.

Our QA service aims to ensure transparency  and traceability between business requirements, design and business strategy.  Our Axxsys Traceability Methodology and Trace Matrix ensures consistency, completeness and provides management overview, confidence and actionable programme insight on progress, pain points and risks.

Axxsys QA Services is based on the use of Axxsys Axxelerators encompassing QA Best Practice guidelines, QA tools for Planning, Audit and Controls. The service includes independent quality audits and reviews to identify quality gaps, inefficient procedures or processes in the project.  We offer comprehensive deep-dive QA reviews of business requirements, designs, test processes and deployment.

Requirements & Modelling

Accurately capturing business requirements and the target process model is key to achieve value from any change management project.

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Requirements & Modelling

Axxsys Business Requirements Collection Service is driven by Axxsys Axxelerators™, incorporating standard business requirement methodology, guidelines, templates and tools. Our standard 5-step methodology begins with the Discovery phase where the requirements are gathered through a series of workshops and one-on-one meetings with stakeholders and SMEs. Following this Analysis, the results of the Discovery phase are taken and formed into coherent requirements in-line with organisation structure. Documentation of the requirement including exceptions and current pain points is undertaken from the Analysis. Communication/Dissemination to stakeholders and SMEs for clarification is then undertaken and the requirements refined through an iterative process until ready for Validation/Sign-Off from stakeholders.

The Axxsys Target Process Modelling Service is available to industry clients including Asset Management, Wealth Management, Insurance companies, Pension Funds and Capital Markets. We work to create a baseline using the current process model, documenting key business processes, flows and pain points. We conduct a gap analysis, identifying redundant and missing processes and functions in the current process are identified, leading to a Target Process Model.

Solution Design

The Axxsys Design Service is the activity of modelling the future operational processes via a design. The overall objective is to increase efficiency, speed and the quality of the design process.

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Solution Design

For large Change Programmes, the design and related process changes are a key activity which closely link to the firm’s business strategy. Taking point of departure in the current process model, the business requirements and client strategy form the input to the future process model. Functional requirements and designs are aligned and validated against the model ensuring that the final design of systems and operational processes are cohesive with the Business Strategy

This service is based on the Axxsys Axxelerator™ platform which enables the client to take advantage of predefined best practise standards and guidelines, allowing implementation of applications in a shorter space of time and with less dependency on key resources from the business.  The Axxsys Axxelerator™ platform contains a set of templates, training materials and guides “ready to go” and deploy to a client, populated with their details, taking operational risk and audit requirement into consideration.

Solution Testing

We provide Test Management, Governance, Test case creation and execution services.

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Solution Testing

The Axxsys Testing service aims to provide a strategy and execution plan for testing, providing a best practice framework. This service is designed for institutions such a Fund managers, Investment banks, Pension Funds and Insurance companies implementing or upgrading their current system infrastructure.

Axxsys Testing Framework includes identifying the Test Goals, Deploying the right Test Strategy for and organisation, Test Management, Test Measurement, Test Evaluation and Test Improvement.

Axxsys can provide dedicated Quality Assurance Managers, Test Leads, Test Analysts and Business Analysts to work with the business users during User Acceptance Testing.

Our Axxsys Testing service is based on the use of Axxsys Axxelerators™ which provide proven methodology and best practise guidelines along with our in-depth knowledge across multiple systems. We include templates and standard test tracking tools.

Technology Architecture

The Axxsys Technology Architecture Service will ensure the infrastructure you choose will provide the best tools and systems suited to support the requirements and demands of your organisation.

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Technology Architecture

Axxsys offers a Business Architecture Service to describe your business model and end-to-end business processes, to ensure that they are clearly aligned to reaching your goal and support the needs of your organisation. We can then work with the client to identify and build the more appropriate structure maximising the potential of the priorities of your business. This service can be aligned and delivered as an integral part of our Target Operating Model (TOM) Service or separately as a service to further evaluate the operating structure in its present state and align this with future requirements and overall strategy.

Experienced Axxsys consultants will evaluate your specific requirements, assess and make strategic suggestions in close collaboration with the stakeholders, assisting with the development and roadmap for all key initiatives. Furthermore working closely together with the client to analyse the current process model and to create the target business architecture encompassing:

We will then determine and recommend the structure for each business area, forthcoming implementation or change project. The ideology of this service is based on the use of Axxsys Axxelerators™, which incorporate our standard methodology, templates, guidelines and analysis tools.

Investment risk has always been a core consideration in any portfolio strategy. Understanding the risk borne by each of your portfolio decisions, as well as the ongoing risks that accompany portfolio implementation, is key to the safe and effective management of your clients’ funds.

Axxsys offers world-class business expertise in systems related to investment risk, along with the data and constructs required to maximise the effectiveness of this vital function.

Business Continuity

Axxsys' Business Continuity Planning Service provides planning around key supplier information, prioritised lists of critical functions, disaster response plans.

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Business Continuity

Axxsys Business Continuity Planning Service is offered to businesses spanning the financial arena, which include Investments banks, Asset Management firms, Pension Funds and Insurance companies. We provide the service to support IT infrastructure, Operational process, Data Management and Front Office activity. This service will provide planning around key supplier/vendor information, prioritised lists of critical business functions, disaster response plans, copies of essential records and inventory of equipment.

The foundation of this service is the Axxsys Axxelerators™ model, which will incorporate proven methodology and implementation after a full review of the current process. Using comprehensive planning material and our in-depth experience and knowledge of this area, the project will be documented and tailored to suit your needs. Working in collaboration with the client, we will build the scope and create the objectives and exercises which will ensure the plan is fully tested.

Axxsys can also offer a follow up service to schedule regular reviews of the plan to ensure any changes in the model, infrastructure, systems and people are kept current to minimise further risk.

Operational Services

With Operational Services (OS) from Axxsys, an organisation can manage its technology platform in a cost-efficient manner.

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Operational Services

Over the life of any Asset Management software system, there will be maintenance projects, enhancements, new instrument types, new funds, and unforeseen issues. If not managed well, they can result in errors, disruption to the daily workflow and possible negative impact on the organisation’s performance.

OS gives your organisation guaranteed, rapid access to the appropriate skillset. As a result, technology issues can be resolved with minimal disruption to daily processes and workflow.

Your organisation can enjoy the efficiencies of a smaller operations team whilst mitigating the risk of key staff dependency.

Because we invest considerable resource in knowing buy-side technology and related best practice, we can execute projects quickly and cost-effectively for our clients. This frees up existing client resources to focus on their core operational processes and day-to-day value-chain.

The service is currently targeted at clients with the following applications/requirements:

  • SimCorp Dimension;
  • Blackrock/Aladdin
  • Linedata Beauchamp;
  • Sophis Value;
  • Calypso;
  • Markit EDM;
  • Advent product suite;