Allvue Implementation for Private Equity Manager
Case Studies
The Client Challenge
- Inadequate System: Prior system utilized could not handle complex fund structures or the nuances of private debt funds
- No internal SME: Required input on system architecture and design and integration strategy with other technology solutions
- Lack of team availability: Given the scale of the project, the firm required a partner to assist with data migration, user acceptance testing, and report development to augment its existing team
The Approach
- Plan: Worked with client’s PMO to plan the overall implementation
- Collect requirements: Interviewed accounting and investor relations personnel for functional requirements
- Document requirements: Documented requirements to understand design and development of fund structures, automations and key reports
- Testing: Created test plan, test data and test scenarios to direct user acceptance testing of all automations and reports
- Change management and implementation: Led change management, training, and rollout efforts for key business processes
The Client Benefit
- System aligned to business requirements: Expertise on best practice system design and architecture
- Data integrity: Migration and reconciliation of data for the client’s official books and records
- Efficiency through automation: Development and testing of reports and automations to support monthly and quarterly accounting processes
- Continuous improvement: Identification of the roadmap of planned enhancements and improvements to be made following go-live