As part of our offering, we specialize in implementing best of breed Order management and Execution Management applications. We have what we consider the best consultants we can hire with specialized skills sets. Our consultants each have more than 15 years of experience and bring to you a broad range of skills set.

In implementing a vendor application we think that a consultant with a broader range of skill set is needed compared to bringing on someone who is just specialized in that application. Today’s applications have multiple dependencies and workflows, thus a broad range of skill set is needed for an effective implementation.

Our implementation services include the preparation and planning assistance for the implementation, as well as providing the necessary operational and technical resources to assist your firm execute the implementation project plan.

Junction Partners also conducts a Gap Analysis of current and future systems and procedures. This analysis assists in the identification of necessary workarounds and customizations and enables better planning for the implementation. Our goal is to ensure that your implementation is conducted efficiently, accurately and completely.

What we can do for you:

Implementation

• Implement an off the shelf vendor application and customize according to your workflows
• Implement new software using industry best practices
• Custom development on top of vendor application where there are deficiencies
• Integrate new application into your existing infrastructure
• Part of an implementation service is process re-engineering. Our job is to rethink and redesign your business processes to achieve dramatic improvement in your costs, quality, services and speed.

Reporting

As an extension of our OMS/EMS services we are able to offer custom client reporting. We have on staff consultants who are able to work with vendor provided tools or third party products to create custom reports for you. We can work with you to also develop an in-house scalable reporting solution according to your business needs.

• EAI/ETL systems integration
• Data Warehouse/Hub
• Data Mapping
• Custom Development Capabilities
• Business Process Management & Workflow
• Documentation

Our expertise extends to investment applications employing contemporary technology solutions such as client/server platforms, data warehouse strategies, local and wide-area networks, web-enabled applications, open-systems architecture, and database modeling.

Lack of Data Architecture Planning often results in:

• Application-specific, independent datamarts, databases and Excel landmines
• Reduced capability to meet urgent firm-wide needs
• Need to build or re-work data silos from scratch
• Increase in operational risks and project costs
• Confusion over data interpretation, semantics and ownership

Efficiency of Operations

Our goal is to help you improve efficiencies and expand the benefits of investment systems technology. That’s why when we enter a professional engagement, we commit to being there for you every step of the way. From assistance with the planning for an Implementation Project to providing Implementation Project resources for functional and technical assistance to documentation for the Implementation Project — Junction Partners is your partner.

Phased Approach to Implementation

Your project’s success can be attributed to the Junction Partners Structured Project Management (SPM) Methodology, designed for large, complex, buy-side institutional project implementations. We have refined SPM over the past twelve years based on the success factors and risk points encountered in real-world engagements.

Our goal has been to refine our SPM approach to maximize the implementation success factor, while attempting to minimize the risk factors for large, complex implementation projects. One of the key components of our SPM approach is to simplify project complexity by creating phases within the overall project. This approach provides a tighter project management track for each project phase as well as more focused resource planning and deliverable tracking capability.

Implementation Phases:

1. Project Analysis and Planning
2. Systems Validation and Acceptance Testing
3. Completion of Systems Requirements and Specifications
4. Development and Implementation Planning
5. Development and Implementation Test and Integration
6. Phased Deployment to Production

Documentation Management:

Junction Partners prides itself on the level and quality of documentation afforded to any project. Proper and consistent documentation is the hallmark of any quality delivery. Good documentation and appropriate business sign-off can ensure that each stage of the project passes through the relevant quality gate and sets up the next stage of the project correctly, allowing a seamless flow through every stage of the project.

Junction Partners has built up over 15 years of specialist documentation templates and project methodologies to support its 100% project success rate. These documents are stored on a centralized knowledge base. The documentation provides a framework for strong project governance; it enables pro-active management of project pitfalls and makes available as standard a repeatable proven process through which Junction Partners clients can prioritize project activity; reduce project risks; ensure effective client communications and information transfer; apply strong change management control mechanisms; and ultimately fast track project deliverables.