Bridging the Divide Between Business & Technology

 
Home > Core Consulting Services >
Gordian Enterprises

Thinking of Changing Vendor?  

Your business deals daily with AML, KYC, Suitability, Appropriateness, Best Ex, Euroclear CREST, Funds, SYSC, GIPS, The FSA or The FR and TCF. Those are your areas of expertise. Meanwhile, we spend every working hour interrogating data and delivering new systems for the financial services sector. This is our area of expertise!


In our experience, it is rare for firms to have the relevant expertise in-house. Vendors confirm that clients generally underestimate the level of resources necessary to successfully deliver a new system and the complexity involved in preparing their data for any systems change. They usually need specialist help in selected areas, if not the whole project.

If you have a system to change, but you manage the project badly, it actually wastes time and money instead of achieving results. If your data is badly managed, it impacts relationships with your clients, the board, the regulator and your staff.


Why take that chance?

We understand the dynamics of financial services companies. And we’re here to support you at every stage, whether it’s running the overall project, clearly articulating your requirements, or finding and resolving the issues in your data.

Talk to us about how we can help you focus on what you are good at.


Why use us?

  • Reduce your overall project costs
  • Minimise your risk
  • Free up in-house resources

10 important considerations

1. Do you have experienced resources in-house, available to manage your project full-time?
                                                                         YES/NO

2. Do you trust the vendor to supply you with exactly what you want?
                                                                         YES/NO

3. Do you have an analyst to liaise with the vendor and ensure they provide what you need? 
                                                                         YES/NO

4. Is your data accurate, consistent and complete? 
                                                                         YES/NO

5. Mapping and migration is a skill, has your team done it before? 
                                                                         YES/NO

6. Do you have the proper tools to map and migrate your data to the new system? 
                                                                         YES/NO

7. Have you addressed the implications and risks to the business if the project fails? 
                                                                         YES/NO

8. Does your IT team have the expertise to guide you through this project? 
                                                                         YES/NO

9. Do you have a resource(s) with the necessary business, project and technical knowledge to oversee the project on a full-time basis? 
                                                                         YES/NO

10. Has your firm recently handled a project of this type? 
                                                                         YES/NO

Contact us if you answer ‘no’ to any of these questions! This is what we specialise in, every day.