Hedge fund administrator delivers greater business intelligence for enterprise-wide transparency
Complex, paper-based processes automated to meet stringent compliance regulations and deliver transparency across 171 worldwide funds.
Bizagi is user friendly, intuitive, easy to navigate… providing full transparency to the cash process
Administering $29B in assets across 171 different funds, the global Top 15 Hedge Fund Administrator looked to Bizagi to digitize its financial processes for better operational efficiency. They successfully automated the complex, paper-based financial transfers movement review and approval transfers.
The first process was delivered in just six weeks, meeting compliance requirements and generating new valuable insights across the organization.
Digitize financial processes for operational efficiency
Standardize operations to reduce complexity
Create robust processes to ensure regulatory compliance
Increase visibility of the organization’s data to discover important insights
Establish a culture of continuous digital improvement and automation
Critical cross-functional process digitized for greater business intelligence
First digital process application delivered in just 6 weeks
Agile methodology established in team naturally through project for continuous development
Positive user adoption and feedback across teams
Created a digital process Center of Excellence (CoE) for ongoing progress and named Bizagi Operational Support Services (BOSS)