JP Reis assisted the commissioning of over 3500 trading turrets at a client location in a 16-week window. This was an incredible number for such a short timeframe and meant over 2,500 traders could start work in their new office on the Monday morning with no downtime.
I have a very simple philosophy on projects: There are good projects and bad projects. Everyone looks good on good projects and on bad projects everyone looks bad. Throughout my career I have encountered situations where something has gone wrong and people revert to the ‘but it wasn’t my fault’ response. Those of you who […]
This blog should be a retrospective. Sadly it’s not. The exemption on mobile voice recording in FSA regulation PS10/17 was lifted in November but the surrounding issues are not resolved. Some institutions have achieved compliance but that is not enough. We discussed this topic in May when Marc Henson explained that the key discovery […]
Due diligence is a hot topic in hedge fund management. The process is becoming increasingly demanding and can last as long as six months. That’s a lot of valuable time to have invested in non-core activity if it comes to nothing. There is no requirement for the potential investor to inform the hedge fund manager […]
This respected telecom company with a strong presence in financial services had upgraded its core platform to give a faster service to its customers. However, increased pricing pressure meant that, despite retaining its client base, the company was losing money on its investment.
Our client, a carrier-class hosted service provider, was facing increasing competitive pressure. They had a core service offering of fully managed servers. Decreasing server sizes and the associated increase in power and air conditioning requirements were pushing the hosting environment to its operational limits and significant investment was becoming necessary. However, falling service prices meant an […]
This institution with headquarters in New York had its wide area network (WAN) provided by an outsourced virtual private network (VPN). It was suffering significant performance reliability issues which included total network failure during the NYC power outages.
This major financial institution had a global telecom platform that was approaching obsolescence and had embarked on a comprehensive upgrade program. Six months in it was regularly failing to complete projects on time and on budget so JP Reis were called in to create and operate PMO.