Program Management support for creating and monitoring data-based, system enhancement, and new system development projects

A private banking group present in over 25 countries and around 60 locations was building a Mutual Fund Brokerage Calculator to track and verify the volume of the commission bids they were receiving from the stock exchange. Specializing in a wide range of wealth management and advisory services to high-net-worth individuals, families, and institutions, they have tied knots with various asset management companies (AMC) to serve their clients. The Mutual Fund Brokerage Calculator assembled multiple schemes of the agencies alongside their commission rates basis their clients.

• Gap in Skillset: Due to a gap in the senior management position, the organization was looking for a team proficient in information technology and business analytics.
• Time Management: The bid collection and reconfiguration was a lengthy process when done manually, taking up the employees’ time, which could have been utilized better.
• Progress Report: The organization lacked visibility with context to the calculator and its progress, causing irregularities with bid collection.

Nexdigm's multifaceted contributions had a transformative impact on the operational dynamics of the private banking group, forging a synergy of technological innovation, strategic alignment, and efficient time management. Our assistance with monitoring and evaluating the Mutual Fund Calculator application enabled the client to streamline commission updates for mutual fund transactions.