PROCESS
|
We take a phased approach to working with clients:
Consideration Phase If you are ready to discuss elements of your trading process, have decided strategically that it’s time for a change or would simply like to review your trade execution policies and procedures, you are in the Consideration Phase. We are always happy to have a discreet, no obligation/no fee exploratory conversation, so please do get in touch. Review Phase If, following initial discussions about your trading structure and processes you feel that that there are specific elements that warrant further investigation, this is where we come in (literally). Our review explores any challenges or hotspots identified, working directly alongside you to observe current processes – and resources - in action (status quo), and reporting our observations back to you. Research Phase The more detailed Research Phase follows our review. In this phase we identify ways to deploy/ redeploy existing resources (software, people, systems) to increase trading efficiency, and compliance and reduce manual processing and associated errors. Part of this process is highlighting fast and low cost ‘fixes’ that can easily implemented, reducing investment spend in new systems and/or costly product/service implementations. Redefining Goals While desired outcomes can be set in the Consideration Phase, they often shift during our Review. In this phase, typically a very clear and fast process, we clarify clients’ desired outcomes before proceeding to the Strategy phase. The Strategy We take a multi-pronged approach to developing client-specific strategies. The first focuses on how to achieve desired outcomes with existing internal resources. This approach makes participants feel ‘safe’ – employees, typically, don’t welcome change. The second is the “clean sheet” approach. Here we consider the organisation as it is now, and then evaluate the specific function under review from the ground up (i.e., what would it look like if we built it from scratch). Both approaches have merit, and neither is intrinsically better than the other, but it does enable us to identify and bring together the best elements of each approach when building the strategy. Reporting Following consultation, research, and review, we provide clients with a comprehensive analysis of our findings, highlighting challenges and opportunities and making recommendations for change, backed up with data and statistics, and ranked according to priority/importance (aligned with clients desired outcomes). |