Partner Due Diligence and Selection

Asset management solutions have evolved significantly over the years, with new players and new technologies that can help you run your business better than ever before. If your current solution is not meeting your needs, it’s time to begin the process of finding your optimal partner.

Olmstead’s Investment Operations team will lead your due diligence activities from RFP through Proof of Concept to deeply assess vendors and service providers to guide your investment firm through the selection of a partner. From there, we help you implement your solution and execute your operating model transformation to propel your business strategy.

Selecting the right OMS and surrounding front office trading toolset is crucial to meeting your investment objectives. We document and rationalize your front office lifecycle, from portfolio management and trading to compliance and risk management. Your needs are assessed to identify solutions that meet your unique use cases.

Beyond just technology, outsourcing your trading function can strategically enhance your existing trading capabilities while also providing an avenue to reduce trading overhead expenses. We’ll help you determine if a complete outsourced trading solution or a more targeted support model to complement your current operations is the right path, and then guide you through the due diligence process.

The primary operations decision you may be grappling with is whether to outsource your middle office or modernize your in-house technology. Either choice can transform your operations into a modern, efficient and effective team.

Olmstead will be your partner to assess your current state and help you arrive at a path forward. From there, we guide you through the due diligence process to enable a confident selection of a service provider, technology vendor, or a combination of both.

Back office solutions have become considered an interchangeable commodity by many, however, advancements in fund administration technologies and other back office services have put some providers and vendors at the forefront. And as with all solutions, there is never a one-size-fits-all provider or platform, and your unique needs must be assessed.

Whether you’re looking for a new custodian, TA, fund admin, tax firm, or all of the above, we will help you find the right solution that suits your specific needs.

While data management is the newest wave of outsourcing, solutions are advancing rapidly, and more and more asset managers are leveraging these services.

We’ll help you assess data platform capabilities, and the depth and quality of functions the provider will take on, such as data stewardship, data quality, and data management.

If you’re interested in an in-house solution, our Data Management practice can develop and implement a custom enterprise solution for your firm.

Asset Owners seeking access to hedge funds, private markets, real assets, and beyond are leveraging OCIO services more than ever. OCIOs not only enable institutional investors of all sizes to gain access to an array of alternative asset classes, but most also provide a variety of operational services in support of those investments. 

Leverage Olmstead’s deep OCIO experience, as we help you evaluate OCIOs’ asset class expertise, historical performance, services, capabilities, and overall fit for your organization.

Every firm is unique and requires its own distinct set of solutions. Whether your focus is on a component of your business or you’re in need of a full front-to-back solution, we can help. Read about our sound, proven methodology which has been crafted to ensure your success.