With our clients and partners, ISC continues to provide cost-effective consulting. Working within the time frames set by regulators and clients, ISC has delivered successful regulatory projects, ensuring our clients are able to comply with their regulatory responsibilities.
A longstanding client of ISC instituted a multi-year programme to improve and automate the provision of Pillar 3 asset data to their principle insurance client for Quantitative Reporting Template delivery to the regulator. This data forms one strand of the full data set included in their Solvency II reporting.
The existing solution was manual, resource heavy, prone to error and would not, in the medium term, satisfy the requirement to deliver data within a shortening time scale. The project looked to address these issues and requirements, through a multi phased approach which would look to incrementally reduce the BAU time to delivery. The delivery was complicated by concurrent firmwide changes to core front/back office requiring the controlled migration of solutions from old to new environments.
Our Role & Value
ISC’s role spanned the full length of the project, providing project management and expert analysis resource. The continual engagement ensured project knowledge remained within the project team, and with the concurrent adoption of Agile based work tools, experience and knowledge was shared beyond the project team.
At the completion of each incremental project phase, time to delivery was shortened and the building blocks for the next phase were put in place both on a developmental and infrastructure basis. The partnership between client & ISC allowed the project the certainty that consultants would always provide continuity in a programme with so many moving parts.
“I worked with consultants from ISC for 4+ years at Fidelity International. During this time, we found ISC consultants to be very professional and knowledgeable, particularly in the world of Investment Management. The consultants brought their experience to inject new ideas, innovation and pace in to the programmes of work. The deliverables were of excellent quality which set a precedent for others. They were proficient in both business and technical aspects, liaising with senior business stakeholders as well as technical developers. I would not hesitate to recommend ISC.”
ISC: SFDR Deadline Approaching SFDR (Sustainable Finance Disclosure Regulation) will apply to products marketed and sold in the EU, and the first imminent deadline of 10/3/2021 is fast approaching. Whilst it is true that regulators may be re-thinking the stringency of the immediate regulations, have you classified your products under the various articles, have you…READ MORE
ISC: Regulatory Forum – Inaugural Meeting ISC hosted its inaugural regulatory forum where Heads of Regulatory Change gathered to share their experiences and challenges implementing regulatory change within the investment management landscape. Topics discussed included: Operational Resilience regulation SFDR/ESG challenges Regulatory Reporting – not just new regimes but also remediation of existing regime reporting Brexit…READ MORE
Fundipedia and ISC announce partnership to deliver data software solutions and consultancy to asset and wealth managers
Fundipedia and ISC announce partnership to deliver data software solutions and consultancy to asset and wealth managers Fundipedia and ISC are pleased to announce that they have entered a strategic partnership by joining forces to deliver Fundipedia and associated data consultancy services to global financial firms. The two organisations provide complimentary services and their partnership…READ MORE
ISC: Remote working through the Covid-19 pandemic ISC are a virtual office so remote working is not new for us but as we are not able to meet in person, we have been doing lots of teams/zoom calls to keep in touch. It is important that as a team we make that our communications with…READ MORE
ISC is 15 years old ISC is celebrating 15 years of offering consultancy services to the Investment Management Industry! This November ISC celebrates our 15th anniversary in a different fashion from previous years: From Home. As with most of the investment management industry, working from home is the new normal and we are adapting to…READ MORE
ISC: World Autism Day Raising awareness about autism is something very close to the heart of Simon Harris, Director of ISC. Simon’s daughter is profoundly autistic and unable to communicate. Furthermore, there are other ISC Directors with children who have different challenges also on the autistic spectrum. Raising awareness is never easy, so Simon has…READ MORE
ISC: Global Investment Performance Standards 2020 The new GIPS(R) 2020 standard was released on the 30th June 2019. In the turmoil of today that seems an age ago and a world away. However, the asset management industry continues to play an important role providing a vital avenue for Investors and Retirees. GIPS(R) play its part in that framework. ISC can…READ MORE
ISC: IR35 & the Investment Management Industry As we all know changes to the disguised employment regulation commonly known as IR35 come into force from 5th April 2020. The government has recently announced a review into its implementation, but this is not expected to halt the changes. Companies within the investment Management sector have grown used…READ MORE
ISC: Trading has changed, have you? The world of sell side trading has undergone considerable change over the last ten years. Driven by increased regulation and margin compression the sell side has significantly reduced market making inventory and capital-intensive trading activity. For the buyside, this sell side evolution, coupled with the introduction of MiFID II…READ MORE
Michael Smeal joins ISC September 2019 ISC are pleased to announce that Michael Smeal has joined ISC. Mike brings a wealth of experience and knowledge to ISC having worked at a number of asset managers in the UK and Europe. Contact us We listen to your needs We understand your challenges We provide solutions We…READ MORE
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ISC is all about helping our clients be successful. Clients receive a personal relationship with our talented and pragmatic consultants, whose goal is to help them achieve success.