June 2011 Portfolio Management Services Udt dF dVii Update ... · Year in Review - Releases 4.0...
Transcript of June 2011 Portfolio Management Services Udt dF dVii Update ... · Year in Review - Releases 4.0...
June 2011
Portfolio Management ServicesU d t d F d Vi i
June 2011
Update and Forward Vision
CGI Banking & Investment
© CGI GROUP INC. All rights reserved
CGI Banking & Investment2011 Annual User Group Conference
June 1 - 3
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Agenda
• MSuite Overview• MSuite Overview• Year in Review
Organization Update• Organization Update• 2011/2012 Plans
U i S i• Upcoming Sessions
2Confidential
MSuite Overview
Confidential
Supports multiple lines of business…
AdministrationPortfolio ManagementSales Tools
• Security master corporate• Modelling (SMA/UMA)• Web-based sales tools Security master, corporate actions and pricing
• Transaction processing • Performance calculations
and reporting
Modelling (SMA/UMA)• Portfolio valuation and
inquiry • Rebalancing and trading
Order management
Web based sales tools• Financial calculators • Asset allocation• Risk assessment
• Reconciliation• General ledger • Generic interfaces• Fund Accounting
• Order management • Client statements and
reporting• Data mining
• Investment policy statements
• Investment proposals• Monte Carlo analysis g
• NAVPU Validation• Management fees• Client report delivery
Confidential
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Breadth of functionality
Data WarehouseAd Hoc QueriesR t C ti
MViewMViewMarket Data
PricingExchange Rates
StarSourceStarSource
Report Creation
MVestMVest Document Document
Exchange RatesCorporate Actions
ComplianceTrading
ModellingAdministration
Performance
Document StorageSecure Document Delivery
CentreCentreMSuite
Asset AllocationKYC
Investment Policy
Client StatementsBestMixBestMix MFolioMFolio
Statement
Financial PlanningIllustrations
MPlanMPlan
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IllustrationsStrategy Comparison
Goal Setting
Confidential
Year in Review
Confidential
Year in Review – MVest 4
• MVest 4 released July 2010 • Raymond James MVest 4 beta
client • Wave 1 client upgrades inWave 1 client upgrades in
progress• Actively marketing MVest 4 in
Canada and US with preliminaryCanada and US, with preliminary discussions in Australia
• Three releases over past 12 months
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Confidential
Year in Review - Releases
4.0 Launch (July 2010) 4.1 (October 2010) 4.2 (February 2011)• Fully integrated front • Book of record - • Management feeFully integrated front
and back office• New GUI• Core development
I t f d l
Book of record Dataphile
• Trade status screen• Auto price/FX rate roll
A l FX t bl k
Management fee module enhancements
• Fund on fund pricing• Additional interfaces
• Interface module• Chart of accounts by
Portfolio• Lot accounting
• Apply FX to block • Householding• Fund acct’g dashboard• Additional interfaces
(GL, Cap stock and Price Uploads)
• Switch trades modelingo accou g
• Corporate actions by selection rule
• Jasper reportingManagement Fee
dd o a e aces(Selection rule, security, scheduled contributions and withdrawals)
• Asset Transfer
g• Price uploads• Auto close of block
orders after specified ti• Management Fee
Module
sset a s e• Modeling by Objective
Code
time
Confidential
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Year in Review – User Experience
• MVest 4 reflects an updated user interfaceO h f MS i d fl• Other components of MSuite do not reflect the updated look and feel
• MView InquiryB tMi• BestMix
• Interactive Services Group within CGI was engaged to perform a review of the user interfaceinterface
• Phase 1 – Advisor Portal• Phase 2 – Exception Based Fund Accounting
DashboardDashboard• Developed prototype of Advisor Portal to be
previewed at break out session later today
Confidential
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Year in Review – Hardware Implementation
Technologies• Oracle RAC• PL/SQLPL/SQL• JAVA• WebLogic• JasperReports
WEB Layer:WEB Layer:•RedHat Linux OS (v5)•Apache Web Server (2.2.3)•OpenSSH
Application Layer:•Windows 2008 Server, 64 BIT ,(To incorporate large processing threads)•Oracle Weblogic 11g (10.3.0)•Sun Java 1.6
Reporting Layer:•RedHat Linux OS (v5)•JasperReports processing engine
Database Layer:•RedHat Linux OS (v5)•Oracle 11g in a RAC 2 node configuration
Confidential
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Year in Review – Help Desk
Total calls over past 12 months – 7,176p
MVest calls increased by 42%
Implemented automated alerts to incident management process
Dedicated help desk resource assigned to each client upgrade(during client pg ( guser acceptance testing)
MVest 4 training provided to all help desk staffdesk staff
Automating common client data fixes(ie.DFARS)
Confidential
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Year in Review – Other
• Engaged systems integration and consulting group within CGI to perform a review of current testing practices within group
• 12 of the top 15 priorities identified from 2010 user are either completed, in progress or in roadmap
• Improved internal visibility around project status reporting
Confidential
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Year in Review – Security
• Installed network intrusion detection software
• Mandatory Staff Training• Information Security Awareness• Records Management
• Annual review of business continuity plan• Currently implementing new secure file
transfer(SFTP) infrastructure• Supports up to 2048-bit SSH keys(exceeds
industry standard)• Load balancing and high available clusters
• Physical Security Vulnerability Assessment• Physical Security Vulnerability Assessment• Internal Risk Assessment
• Random checks to ensure laptops are locked• Review print areas to ensure sensitive areas area• Review print areas to ensure sensitive areas area
secure
Confidential
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Year in Review - US StrategyInitial review of functionality 2009
• Engaged Third Parties to perform initialreview of front/back office capabilities
• High level gap analysis completed• High level gap analysis completed• Identified two phase approach
• Phase 1 Front Office• Phase 2 Back Office
Completed required front office 2009-2010p qenhancements to support US Launch
Completed ASP deployment strategy 2010-2011• Three Data Centers;
• Phoenix• Mississauga• Ottawa
Training Provided to CGI US Sales Force 2011
MVest 4 2 US read front office released 2011MVest 4.2 US ready front office released 2011
Conduct detailed fit/gap analysis 2011to support US Launch of Back Office
Confidential
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Organizational UpdateOrganizational Update
Confidential
Organization Update – Highlights
• Migrated all MSuite development under Rajiv Nijhawanj a a
• Recruited Senior Program Manager to co-ordinate upgrades
• Hired manager for core product business analysts and quality assurance
• Promoted Mike O’Riley to manager, MSuite development
• Offshore team increased in size• Low voluntary Staff turnover - < 5%• Marketing and Sales Support - Dave Inglis
Confidential
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Organization Update
Terry Steeves
Rajiv Nijhawan (Product Development)
Arthur Silva (Product Delivery and Support)
Patty Clement (Product Strategy)
Mike O’Riley (Development)
Magdalena Moyseowicz(Business Analysis and Testing)
Dave Inglis(Marketing and Sales Support)
James Staring (Professional Services)
Paula Gardner (Product Support)
Ravi Maharaj (MVest 4 Program Management)
Client Services and Global Infrastructure
Services
10 Developers Offshore 29 Developers Onshore 4 Business Analyst Offshore
14 Business Analyst Onshore 1 Presales support 50 Professional
consultant18 Professionals
Onshore3 Professionals
Offshore 16 Resources
Total Headcount approximately 150 Professionals
Confidential
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Professionals
Organization Update – Plans
• Create three groups of concentration within b i l tbusiness analysts:• Systems Analysts• Subject Matter Experts
QA/T ti• QA/Testing • Increase offshore development resources
• Testing• Testing • Development • Documentation
R i S l i i f h US• Recruit Sales position for the US
Confidential
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MSuite Product Update
Confidential
MVest 4 Product Direction
Building the Product Road Map – with you
Cli I d
• Annual client survey• Focus User Group meetings
ClientRequests
IndustryInitiatives
p g• Annual User Conference• Input from the industry and
RegulatoryChanges
Technology Improvements
p yprospective clients
• New regulatory requirements• Technology advances• Publish Product Road Map
Confidential
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Confidential
MVest Client Upgrades
2010 2011 2012 2013
Feb
Mar
Apr
May
Jun
Jul
Aug Sep
Oct
Nov
Dec Jan
Feb
Mar
Apr
May
Jun
Jul
Aug Sep
Oct
Nov
Dec Jan
Feb
Mar
Apr
May
Jun
Jul
Aug Sep
Oct
Nov
Dec Jan
Feb
Mar
Apr
May
Jun
Jul
Aug Sep
Oct
Nov
Dec
li dMVest Client Roadmap
MVest 4 Release
MVest 4.1 Beta client
MVest 4.2 New client implementation
MVest 4.3 ‐Wave 1 Client Migrations (2 ‐3 similar clients)
MVest 4.x ‐Wave 2 Client Migrations (2‐ 3 similar clients)
New Client implementations
Build
CGI System TestingWave 1 Client Migration – High Net Worth ClientsWave 2 Client Migration – Fund Clients
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Client Acceptance Testing
Confidential
MSuite – Roadmap OverviewMVest Ongoing Product Commitment 4.3*
• UMA/Overlay Management• ISM Interface
4.5*• Income Trust Processing• Mutual Fund Distribution Module
• Mutual Fund OMS• Apply FX by Security• Cash Sweep by Currency• Tax loss Harvesting
• Multiple Bases of accounting• Exception based fund dashboard• Report Packaging
Apr 2012
4.4*
Aug 2012 Feb 2013
4.6*
Jun 2013
4.4• HST• Archiving enhancements• Advisor Portal• MView Real-Time
BestMix integration
4.6• “Swift” trade Integration• Enhanced derivative support• Compliance Module Redesign• Additional Fixed Income Support• MFolio for Mutual Funds• BestMix integration
• Storing IPS in MVest
*Release contents to be finalized
• MFolio for Mutual Funds
22Additional custom code will be incorporated into core product
Confidential
CGI Investment Committee
• Comprised of senior executives within CGI, including Mike Roach president and CEOincluding Mike Roach, president and CEO
• Business lines present 5 year strategy• Purpose of group is to review product linePurpose of group is to review product line
strategy and provide funding for major initiatives:• Buyy• Build• Partner
• Funding was provided for MVest 4 and current g pUMA development activities
• Next meeting scheduled for June 16, 2011
23Confidential
Upcoming MVest Major Investments
• Advisor Portal• Exception based fund accounting
dashboardCompliance Module Redesign• Compliance Module Redesign
• Additional fund accounting enhancements(e.g):( g)• Multiple bases of accounting• Enhanced Derivative Processing• “Swift” trade processing• Hedge fund processing• Hedge fund processing• Short processing on fixed income
24Confidential
2011 / 2012 Plans
• Implement two customers on CGI integrated UMA platform• Commence back office migration for Wave 2 clients• Build efficiencies through increase use of offshore resources
Achieve one US based client before end of year• Achieve one US based client before end of year• Implement HP Quality Center• Complete Advisor PortalComplete Advisor Portal• Engage third party to assist in fund
accounting enhancements
Confidential
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2011 / 2012 Plans – Audit
• CSAE 3416 replaces CICA 5970 for engagements ending Dec 15th, 2011,
• Closely follows International Standard (ISAE 3402) & USA Standard (SSAE 16)A diti St d d t Att t St d d• Auditing Standard to a Attest Standard
• Risks included into evaluation/Design of Controls & development of Control Objectivesp j
• Audit Report will be essentially the same• CGI initiated a Project Team in 2010 to
i l l f iproactively plan for conversion • CGI is on track and ready for new standard
Confidential
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2010 Portfolio Services Track2010 Portfolio Services Track
Confidential
MSuite Round Tables
• Share your input at the Fund Accounting and High Net Worth Client Round Table discussionsC e t ou d ab e d scuss o s
Confidential
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MSuite UMA and Trading Enhancements
• Join us for a review of the enhancements being developed in MVest 4 around trading and preview our solution for UnifiedMVest 4 around trading and preview our solution for Unified Managed Accounts
Confidential
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Tax and Regulatory Update
• Exploring the many tax and regulatory challenges many financial organizations face todayg y
Confidential
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MSuite Upgrade Strategy• Join us to gain an understanding of our approach to moving
to a “core product” methodology
Confidential
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MVest 4 Demo
• CGI will present the many enhancements incorporated in MVest 4
Confidential
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MSuite Automated Test Strategy
• Come to hear CGI’s plans around our automated test strategy using HP Quality center and CGI’s own ATSM toolusing HP Quality center and CGI s own ATSM tool
Confidential
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MSuite Advisor Portal
• Continue to see CGI’s strategy around the Advisor Portal
Confidential
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MSuite I-Learn
• Join us to learn about how you can tailor MSuite I-Learn to your our needsyou ou eeds
Confidential
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Our commitment to youOur commitment to youCGI provides the best mix of responsive local service
© CGI GROUP INC. All rights reserved
responsive local service at global delivery value.
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