Citisoft Product Aims to Ease Change

Citisoft Plc, the investment management consulting firm, has launched a new consulting product Operational Cost Efficiency. This product is designed to deliver specific advantages to investment management firms and third party administrators.
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Citisoft Plc, the investment management consulting firm, has launched a new consulting product Operational Cost Efficiency. This product is designed to deliver specific advantages to investment management firms and third party administrators.

The Operational Cost Efficiency product is directed to rapidly identify areas of the business appropriate for change and repositions Citisoft clients to ensure their business and technical operating models are integrated and optimally designed to deliver against current and projected future needs.

The increase in demand for this type of consulting service is supported by recent McKinsey industry research that reports 74% of executive strategies are to focus on reducing operating costs and 45% on increasing productivity. Citisoft’s Operational Cost Efficiency product is designed to deliver to both.

Operational Cost Efficiency product helps to achieve funds rationalisation, process re-engineering, shared services, centre of excellence, offshore (BPO), systems rationalisation, systems integration, M&A and JV, all of which seek to deliver to the client firm the ability to ‘do more with less’.

The product also allows Citisoft to fast track the process via a logical model that navigates the most appropriate course for change, in a way that takes into account existing dependencies and constraints but also introduces future options that fit the client firm’s appetite for risk and its culture.

L.D.

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