The client was seeking to transform their operations through building a digital operating environment. Olmstead led the successful operational transformation by implementing the Investment Data Hub (IDH). This central data warehouse streamlined processes, reduced costs, and mitigated risks for the Fund Administration function. The IDH replaced manual processes and disparate databases, resulting in a 20% reduction in fund expenses, $12.4 million cost savings, and 30k+ hours of annual capacity. Olmstead’s expertise in data architecture, cloud migration, and industry knowledge ensured the implementation of key use cases and user-enabled technologies, yielding significant efficiency gains and business value for the client.
