Professional Services
Professional Services Firm
Full Credential Description
The global manager of alternative investment products faced significant challenges due to an inflated cost base, which stemmed from the complexity of its business operations, a wide geographical spread, and a suboptimal organizational structure. To address these issues, we was engaged to develop a comprehensive strategy aimed at optimizing costs, restructuring the organization, and enhancing the IT landscape.
The tailored solution involved identifying specific opportunities to reduce operating expenditures, reviewing the existing organizational structure, and recommending improvements. we conducted a thorough assessment of the IT systems in place, pinpointing gaps in adoption that hindered efficiency. As a result of these efforts, the client achieved a remarkable 20 to 25% reduction in the in-scope operating expenditures baseline, effectively closing more than half of the FRE margin gap compared to its peers.
Additionally, the organizational structure and operating model were redesigned to align with the company’s future growth strategy. A central procurement team was established to capitalize on external spending opportunities, further driving down costs and positioning the client for sustainable growth.