1. INSURANCE INVESTMENT MANAGEMENT
SOLUTION
The Navigant team integrated with key work stream leaders
from three continents to document current state challenges, key
milestones, delayed tasks, and implementation requirements.
Our team was comprised of deep Subject Matter Experts in
capital markets with a particular focus on tracking systems,
integration, regulatory strategy and operational risk.
In order to review and identify gaps in the existing integration
plans, Navigant leveraged integration templates to produce a
comprehensive project plan incorporating all key tasks across
all core and non- core work streams to help streamline target
dates and key milestones. The team conducted daily work
stream meetings and developed weekly reporting dashboards to
ensure inter-stream communication and capture all bottlenecks/
issues and task delays for management. Furthermore Navigant
provided regulatory advisory services related to policies
included in broker dealer operations and associated plans.
GLOBAL BANK BROKER-
DEALER ACQUISITION:
TECHNOLOGY PROJECT
MANAGEMENT
CHALLENGE
Our client, a Custody and Private Wealth Bank, retained
Navigant to provide project and program governance and
structure during the acquisition of a European Broker Dealer.
This large scale acquisition process involved extensive
experience in global program governance and risk management.
The team led the transition of multiple work streams across
three continents in order to meet the program deadlines.
Navigant was engaged to support all aspects of the technology
work streams to develop a consolidated project plan. The team
worked directly with the Technology Infrastructure, Application
Development, Trading, Finance and Operations teams to ensure
a smooth transition process.
The client needed skills and experience from a firm with a
global foot print.
IMPACT
Navigant’s program management execution and governance models enabled the business owners to effectively track project updates
and track and resolve project and program issues.
•• Identified operational risk and compliance policies to be included
in the integration planning related to regulatory compliance
•• Analyzed current state operations and systems in order to
identify opportunities for synergy, consolidation efficiency
and elimination of any current state tasks
•• Produced comprehensive MS project plan and Gantt chart
incorporating all key tasks across all core and non-core work
streams, tracked on a weekly basis
•• Synthesized daily status summary reports for key program
management leaders to track status and capture issues
•• Assisted in the development of Business Design
Requirements with application development work streams
•• Communicated directly with the technology infrastructure and
trading team vendors to ensure tasks are completed on-time
•• Conducted daily work stream meetings and developed
weekly reporting dashboards to facilitate communication and
capture all upcoming issues
•• Produced a clear, prioritized roadmap and transition plan
to help ensure future state objectives are developed in the
acquisition process
2. 2
THE NAVIGANT APPROACH
Navigant created a Broker Dealer Merger / Integration framework unique to our client
that was composed of:
•• A comprehensive Merger / Integration framework with predefined processes,
standardized methodologies and tools to automate and accelerate all activities
•• A mutually beneficial structure that allowed our client to align its capital risks with
planned business objectives
•• A dedicated team of trained consulting professionals and industry experts, with
access to an extended team for scalability, to align with our client’s needs
THE NAVIGANT MERGER/INTEGRATION CENTER
INDUSTRY EXPERIENCE PROVEN TOOLS
•• Deep industry knowledge in the
Broker Dealer space
•• Robust Training
•• Competency Certification
•• Proven program management
infrastructure
•• Conversion planning and
management tools
•• Target operating model simulation
SPECIALIZED METHODS RESOURCE ELASTICITY
•• Investment Management Reference
Architecture
•• Merger/Integration and Conversion
Methodologies
•• Reusable Frameworks
•• Experienced/Trained Resources that
can be rapidly deployed
•• Global presence and availability
3. 3
NAVIGANT KEY DIFFERENTIATORS
Portions of our methodologies may be customized based on our clients’ specific needs
Strategic
Principles
Business
Requirements
Current State
Assessment
Future State /
TOM Design
Implementation
Road Map
Business Case
Data | Process | Control | Sourcing | Technology | Clients | Quality | Location
Customer
requirements
Organization
model
Functions /
services model
Process
overview
Information
architecture
Application
architecture
Technical
architecture
Product
directory
Channel
requirements
Business service
framework
External
assessment
Organization
model
Functions /
services model
Process
overview
Information
architecture
Application
architecture
Technical
architecture
Road
Map
Program schedule
and plan
“To be”
project list
Key assumptions
and drivers
Benefit
statement
Financial
case results
