Through our Discovery services, you will:
- Understand and assess potential for change
- Realize the full potential of SimCorp Dimension by eliminating inefficiencies
- Identify ways of scaling and developing your system for increased value
The global investment management industry is constantly changing. New products, new markets, and new regulations appear along with increasing amounts of data and demands for more reporting and transparency. All these changes pose significant challenges to your business and your investment management system landscape.
Day-to-day factors drive IT system changes
The operating model that once supported your business strategy might struggle to keep up with continual change. Studies show that up to 75% of IT system changes are driven by day-to-day factors where inefficient systems are no longer able to support strategic business objectives. These systems reduce operational effectiveness, increase cost, and diminishes your business value.
Discover what SimCorp Dimension can do for you
The Discovery stage of our life-cycle services presents clear benefits – also if you are not currently using SimCorp Dimension. We offer a no-commitment mapping of your current operating model with your strategic objectives to show how an alignment of these can release the full potential of the SimCorp Dimension system.
If you are already using SimCorp Dimension, our Value Discovery service will help you identify and release the unexploited business value of your current investment management system landscape.
Our Value Discovery service helps you align your operating model with your strategy. The final result is a value-based, prioritized roadmap, which includes a list of tangible recommendations, the associated return, and cost entailed.
The Value Discovery process
Our Value Discovery service is a standardized, five-step process. We begin by analyzing your strategic objectives. By mapping your current operating model to these, we are able to identify a range of gap, where you can achieve a competitive improvement, an increased business value in existing processes, and/or cost reduction.
The gaps are analyzed in close cooperation with your management to assess the potential for change. Finally, we evaluate the business case and make prioritizations according to value realization and strategic objectives.
- Strategic objectives
We establish the strategic objectives. Your vision and strategy set the direction of change, while your expected Return on Investment determines the magnitude.
- Operating model
In the second step, we analyse your current operating model, and identify processes for future value creation. To do so, we leverage the EY leading practice Target Operating Model Framework.
In the third step, we focus on finding the enablers for change. We assess the potential for value creation in each of these and prioritize them.
- Business case
In the fourth step, we analyze the cost and benefit of each change enabler to quantify the business value. We also link the value with the strategic objectives in a Benefit Network Map.
In the fifth step, we prioritize the practical recommendations, and derive a prioritized roadmap that includes return an cost of each of the recommendations.