PRACTICE Corporation : Portfolio

Work We've Done

Selected PRACTICE projects include:

PRACTICE established the key application and organizational components for a service oriented architecture for the brokerage division of a global investment manager. We served as architects, planners and analysts guiding this firm's efforts to create an integrated back office operation providing unique value through extraordinary customer services.

We implemented an innovative real-time, trade control facility to reduce errors, operating costs and trade execution delays for a major mutual fund company. An enhanced business operation was built upon an enterprise data repository which accelerated trade settlement and accounting processes while providing a centralized resource for subsequent trading analytics - all using accessible, industry-proven technology. We served as systems and organizational architects, planners and project managers to weld this firm’s diverse trading, accounting and support systems and operations into an efficient, accurate and timely investment process.

PRACTICE re-engineered a global financial service firm’s financial products business unit. We assessed the organizational, systems and technology needs for the new venture and planned the deployment a new distributed operations and systems environment, including revamping client support operations and implementing Internet-based electronic commerce facilities.

We guided an institutional asset management firm in creating a customer information portal which compiled data from dozens of incompatible, legacy information sources. As a result, this firm attracted new clients, kept operating costs down and re-defined the nature of competition in its market area.

PRACTICE architected a specialized investment management firm's financial and management operations. We assessed the organizational, systems and technology needs for the new venture and managed the multiphased, global implementation transforming their internal systems and operating environments.

For a software product division within a major custodian bank, we re-vamped a distributed hardware and software acquisition processes, allowing them to cut costs and save time for their customers. PRACTICE implemented a powerful capacity planning model and methodology for this client’s messaging-based systems architecture.

For the Legal & Compliance division of a global investment bank, we managed the critical implementation phase of an enterprise repository that functioned as the key data concentrator serving a comprehensive suite of legal and compliance operation and systems. The assembly of data from dozens of diverse internal and external source created a number of unqiue challeges. With our depth of experience in project management, repositories and financial services, PRACTICE was able to provide key insight and guidance in creation of this unique corporate asset.

For major domestic investment manager's fixed income and equity portfolio groups, PRACTICE re-focused long term systems strategies through the definition of and implementation planning for enterprise-wide datawarehouse facilities supporting a uniform risk and performance portfolio metric methodology. These database facilities directly supported their business goal of implementing a robust incentive-based, "management by objectives" approach for its portfolio management teams.

For a private endowment manager, we developed a comprehensive statement of requirements for an innovative systems environment for the Trust Department. Here we acted as architects, business analysts and project planners to help define and guide the integration of several major software subsystems.

For a major mutual fund firm, PRACTICE provided the project management skills to lead the definition and implementation of a innovative risk management repository. This database facility was the forerunner of a suite of operational repositories linking this firm’s diverse systems environment and providing ready access to key corporate information.

Acting as business analysts, application architects and project managers, PRACTICE supported a major internet-based securities broker in its drive to transform its back office systems and operations to support T+1. Here, PRACTICE developed the business case highlighting the trade-offs and costs of various conversion alternatives, enabled the definition of a unifying application architecture and supported the implementation efforts as project managers - assembling and guiding the multiple project teams over the multi-year effort.