Support bank through a clearing firm conversion

Challenge:

 As technology costs increase and profit margins compress, a Broker Dealer needed options to increase revenue and reduce expenses.

How we helped

Program managed the brokerage conversion including technology integrations, conversion of accounts, and overall change management for advisor and home office experiences over an 18+ month period Collaborated with two Fintechs on solution design for end investor digital account opening and advisor account servicing leveraging new custodian’s integrations.

Provided detailed analysis on conversion data discrepancies and resolution

Implemented end investor trading on the new custodian platform