Performance Measurement System Design

American multinational financial services corporation, with 10 million accounts and $1.45 trillion in assets

• Design a new Performance Measurement system to support position-level daily performance for 10 million accounts
• Consolidate 3 legacy performance systems into the new platform
• Lower overall technical and operational costs to produce Performance returns
• Improve accuracy, periodicity, and granularity of returns
• Architect the solution to fit within the new enterprise-wide client reporting platform

Team

• Between 4 and 9, depending on phase

Contribution

• Thought leadership
• Best practices
• Project structure, guidance, and execution

Skills

• Subject Matter Expertise
• Business Analysis
• Project Management
• Technical Analysis
• User Acceptance Testing

• Consolidation of 3 legacy systems into the one new platform, with a 25% decrease in environment cost
• Improvements in calculation accuracy by 15%
• Improvement in calculation granularity from segment level to position level
• Improvement in periodicity from monthly to daily
• 50% decrease in Performance operations manpower and cost
• Rollout of new benchmark functionality and user-level controls
• Rollout of new composite functionality and user-level controls
• Integration into new enterprise-wide client reporting platform
• Project went live with no related defects with return calculations or operational improvements

Client engaged Enosys to add Non Custody data to the Performance process

• Include outside assets into the Data Warehouse
• Develop new exceptions processing standards
• Integrate all assets into the new Performance platform

Contact Enosys for examples of other Performance system design projects, with clients that include:

• Swiss integrated financial services company with $300 Billion in assets