Sondent Project
Examples
- Sondent
(or direct predecessor organizations) have been engaged on many projects since 2005 and
here are six examples which are typical of our work:
Business Case
Build/Assessment
- Contracted to a New York venture capital firm to assist
with researching the viability of buying up smaller banks'
'sub custody' operations, to form a processing Newco that
could be developed and eventually sold at premium. The
requirement was to provide expert input and to review
business case viability.
- Regulatory Reporting
- Set up of requirements for Basel II reporting for a
Bermuda based licensed deposit-taker; work product included
analysis of requirements and production of pro-forma reports
for the Board and the Regulator.
Custody Analysis
- Review of network custody arrangements for an
international bank; work product included a business case
for substantial changes to that network, including detailed
expense and savings projections from process reengineering
and re-contracting.
>more
Workflow and Reconciliation
- Review of processing operations for an Asian based
subsidiary of a European bank; work product included a
detailed proposal for rework, streamlining and revised
operational risk controls. The implementation of new risk
dashboards enabled this firm to reestablish control over its
operational processes.
>more
Back/Mid-Office Implementation Projects
-
On behalf of a global technology company, installation
planning and/or management of a range of securities
processing systems currently installed at 2 of the top 3
Chinese insurance companies. Work included training of
project staff in workflow and planning techniques, as
well as implementation planning and functional
requirements authorization/project sponsorship. Work
extended to regional management role, where projects
included Chinese domestic Mutual Fund processing
developments.
>more
Securities
Technical Knowledge
- On behalf of a law firm for a European Fund Manager,
provide 'Expert witness' review of counterparty actions and
areas of potential liability in a major international fraud
case; the review required extensive research and analysis of
securities transactions, contracts, procedures, memoranda
and practices that took place over 5 years. The work product
reported on findings and evidence.
