A large investment firm did not have the ability to keep track of holdings of the same stock managed at the same time by two different portfolio managers. They had developed their own structure within the trust accounting system and wanted our support for finding an alternative account structure to better manage the assets.
How We Solved It
We researched the history of how they got to the current structure and identified current and potential future issues impacting the portfolio management process. The insight gleaned from our analysis led us to recommend that the firm transition to a UMA-like structure within the trust accounting platform.
As a result of the project, the large investment firm gained insights into the governance of their account hierarchy and cash flow issues that enabled them to build out a more focused proprietary solution.
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