How to Scale Your Consulting Business?
Facebook LinkedIn Business growth can take on many different metrics that contribute to the success of a business. You may want to increase your client base, sell more products or services, innovate new products, or simply make more revenue. Your metrics for success will mean different things, almost always in relation to hitting goals or achieving your...
How to Improve Workflow Management for Accounting Firms?
Facebook LinkedIn The accounting and finance field is deeply process-oriented. You offer a service that entails a step-by-step chain of events to produce the desired results for your clients. On a daily basis, you might not think about this organizational process and structure, but it exists as a guidepost for every task performed. In organizational terms,...
How to Achieve Operational Success in 2020?
Facebook LinkedIn Every financial management firm is concerned about risk and efficiency. Not only do these issues elevate a company in the eyes of investors, they also contribute to successful execution and positive strategy outcomes. The tried-and-true approach to success will be internal controls and procedures that are well-defined and rigorous. With...
Keeping Your Legal Process Transparent and Consistent
Facebook LinkedIn Having a comprehensive legal framework at an asset management firm will ensure a consistent approach to documentation, transparency for auditors and investors, and reduce liability issues. Today's Investors are Savvy Today's investors have become much savvier in understanding the mechanics of asset management. They seek...
How to Improve Your Online Consultancy Business
FacebookLinkedInConsultant businesses providing quality, consistent advice and services need workflow management tools to support their business models. Modern workflow platforms have the versatility to provide a broad framework that can be tailored to specific business needs. With business processes that demand information from a variety of resources, the...
Workflow Management Tips for Accounting Firms
Facebook LinkedIn Accounting firms searching for workflow management tools for accountants and support staff need a finance-specific solution. The ideal system can be tailored for their particular needs in the context of the services they provide, including playing a role as a third-party service. Automation designed to support financial management firms...
Document and Process Management Elevate Asset Management Firms
Facebook LinkedIn Once upon a time, a "paper trail" meant just that - a comprehensive record of a process, its implementation, the results and the letters and reports that supported and analyzed them - all on paper. Today, of course, the means for archiving data and information have exploded in multiple directions. Paper trails now come in the form of an...
Conflicts of Interest in Asset Management
Facebook LinkedIn Conflicts of interest can destroy trust in an asset management firm quickly. Investor's interests should always come first, and even the appearance of a conflict of interest on the manager's part can raise concerns about transparency and trust. Establish Separation As part of a compliance program, asset managers establish strict...
Third-party Vendors: An Asset Management Risk
Facebook LinkedIn All asset management firms use some form of third-party vendor services. Bloomberg provides market data. A proprietary software designer sells a risk control module. Trading platforms interact with banks and custodians. All of these components are critical needs, but they also must be accountable for the strict regulation...
How to Build an Effective Compliance Program?
FacebookLinkedInFrom small boutiques to global giants, all financial management firms utilize third-party services to perform vital functions. Be it data providers like Bloomberg or risk control modules from lone independents, these outside vendors have become a seamless part of daily asset management. A risk exposure, of course, can occur if that...
How Workflow Increases Hedge Fund Productivity?
Facebook LinkedIn Asset management firms across the industry are scrambling to maintain business continuity during the current crisis. While disaster recovery plans are critical and required, they cannot anticipate every potential business threat. Even three months ago, no one could have imagined that the US economy would be thrown into the turmoil it is...
Maintain Regular Workflows When Working Remotely
Facebook LinkedIn As we continue to adjust to self-isolating and reduced in-person work environments, many firms are exploring new ways of maintaining regular workflows while working remotely. Financial organizations, in particular, do not have the ability to simply close shop for weeks at a time until this crisis passes. These firms perform a key function...
Finance Firms Need to Skip Spreadsheets
Facebook LinkedIn It's no secret that asset management firms use spreadsheets and email as tracking tools. Up to 75% of businesses use Excel for operations management and a surprising 70% use email for managing, archiving, and processing critical digital data. Most large firms still use poorly managed spreadsheets or siloed emails when they build...
Third-Party Security for Financial Management
FacebookLinkedInFrom small boutiques to global giants, all financial management firms utilize third-party services to perform vital functions. Be it data providers like Bloomberg or risk control modules from lone independents, outside vendors have become a seamless part of daily asset management. The reality is exposure to risk exposure should that...
OpsCheck offers extended Free Trial of financial operations platform for remote working
Facebook LinkedIn OpsCheck, the premier SaaS platform for financial operations control and team collaboration from leading operations authority Frank Caccio, announces extended Free Trial Periods for firms in immediate need of secure remote working environments. Ideal for both inhouse and remote working environments, the platform combines proven...