Allvue Implementation for Private Equity Manager

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