Example Assignments

Administration Strategy Review
The completion of an administration strategy review at one of the top four clearing banks. This included a review of current unit trust and PEP strategy and an assessment of current administration arrangements. Prepared an invitation to tender and prepared business specifications of all unique processing. Carried out a comprehensive assessment of all options for processing unit trusts, PEPs and ISAs, including build, packages and TPAs. Carried out a detailed review and assessment of the shortlisted packages and TPAs. Conducted negotiations with the candidates. Prepared comprehensive report on schedule which was accepted by the Board.
 
System Selection and Implementation
Selections and implementation of the RUFUS unit trust administration system for one of the top ten unit trust companies. This work included the preparation of a selection report including costs, timescales, unique requirements and interfaces to corporate systems. Managed preparation of Gap Analysis, project plans, software implementation, development of client, agent, commission, cash and general ledger interfaces. Managed the Model Office, including all software and user acceptance testing. Managed development, testing and operation of conversion from existing systems to RUFUS. Prepared plans for conversion of unit trusts to OEICs and implementation of ISAs.
 
System Reviews
The presentation to major unit trust companies of a review of all systems capable of supporting unit trusts, OEICs, ISAs and PEPs.
 
OEIC Conversion
Project managed conversion of Friends Provident unit trusts to OEICs
 
Transfer to TPA
Managed the transfer from in-house system to third party administration (IFDS) at ISIS. This included building a complex set of transfer files and ensuring all data was fully reconciled.
 
Gap Analysis
A gap analysis of the LISA system identifying in detail the gaps with standard UK and company specific unit trust and OEIC administration functionality.
 
UK Customisation
The completion of a comprehensive gap analysis and business specifications for an overseas supplier launching a unit trust, OEIC, PEP and ISA administration package in the UK market.
 
Training
Trainer in unit trust administration and OEIC administration for the Securities Institute. This includes running 2 day courses leading up to the Investment Administration Qualification for up to 30 attendees, plus preparing and running customised courses on client premises.
 
Unit Trust Company Launch
The project management of the launch of a new unit trust company by a Building Society. This involved the development of business plans and project planning and then managing the evaluation of the unit trust Third Party Administrator, Investment Manager and Trustee/Custodian, including the preparation of Invitations to Tenders. Produced selection report which was accepted by the Board. Managed the relationship with the third parties (EFDS, Citicorp and Gartmore), including the negotiation and drafting of contracts and service standards. Managed the setting up of the in-house operation including training of staff, specification and implementation of bespoke software, development of processes and procedures and user acceptance testing. Unit Trust and PEP operations were successfully launched on schedule and budget.

 

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