How can investment be managed to maximize operational excellence?

A financial ecosystem that is burdened with silos of legacy technology, customized software, and third-party services that don't communicate with one another and prevent the flow of information is present in the majority of established organizations.

Asset management companies frequently use multiple systems to oversee operations in each of their core business divisions.?

These systems may include ones for managing investments and marketable securities, partnership accounting, alternative investments, and perhaps bill-paying systems which is another big application

James is frustrated by the numerous complaints he has been getting from different business units.

He is unable to see the integrated data report to obtain the most recent information on the business flow overall.

Accessing, analyzing, manipulating, consolidating, and reporting data from various sources is known as data aggregation. It is difficult to gather data and, more significantly, to unite it in order to optimize business processes.

Our James hardest problem is connecting the dots across all entities, systems, and data sources. These include paying bills, investing, and performing other business-related chores.

James just wants to automatically merge everything into a single, easily accessible "private investment bank" solution.

Manual methods take over as the standard when information cannot be exchanged between systems readily. Jasme's team spent up to 40% of their time performing manual chores. That represents a considerable time and resource drain.

Accounting and reporting software needs to be seamlessly connected to best-in-class solutions in order to provide the full range of functionality that today's businesses require. The future is clearly paved with apps and APIs.

James learned about this Apps and API solution and immediately began to use it.

Salesforce, DocuSign, Atlassian, and Microsoft 365 are some of the most widely used applications in the financial sector.

On the other side, data aggregation is made feasible by application programming interfaces (APIs).

To access the capabilities of best-in-class systems, they offer seamless connectivity.

For example, Tableau APIs allow users to import raw data into the software to create complex visuals and analyses.

APIs can be utilized to automate routine processes. That is what James is looking for.

Where to start and how can portfolio management helps James to start this Journey?

In a typical context, multiple teams operate with their own tools and solutions without giving them a holistic view of where they fit into the larger system. In such situations, promoting organizational-wide transformation can only be accomplished through the meaningful integration of various disjointed systems, enabling stakeholders at higher portfolio levels to obtain a greater sight of the "big picture".

James was advised to try the Portfolio Kanban technique by someone.

Instead of focusing on a few local adjustments, Kanban promotes a Systems Thinking approach that helps seek system-wide global optimization.

We have a powerful enterprise management framework for fostering real transformation when interrelated, co-dependent key services are aggregated at higher levels - as a Portfolio Kanban or an Enterprise Kanban - with significant data integration of their task tracking/monitoring tools.

James' office is currently on its transformational journey.

What could the change agent possibly miss? How else can we assist James?