Client Reporting

Man is a world-leading alternative investment management business recognized for expertise in a wide range of liquid investment styles.

Following the recent acquisition of GLG Partners, the $27.4 billion hedge fund, Man commissioned a strategic review of their combined Sales, Distribution and Client Reporting Functions.

Parere was engaged to conduct a diagnostic review of Man’s Portfolio Analysis and Client Report unit (PACR) in order to provide an assessment of the unit’s current capabilities, recommend areas for improvement and provide a ‘road map’ for transformation of the PACR unit to Man’s desired future state.

Parere assigned Paul Stevens, a Partner with extensive buy-side industry experience to lead the engagement. Paul’s role included the following:

• Worked with key Man Stakeholders to develop current Client Reporting Operating Models.
• Created a Client Reporting ‘task force’ to disseminate the current operating model, identify drivers for change, develop target future state and outline the transformational road map.
• Conducted market research into current market best practice in client reporting.
• Documented software requirements and identified a short-list of potential technology vendors.
• Advised and assisted the Director of Client Reporting on staff re-organisation.