White Papers

Managing Change in Asset Management


With new regulatory requirements and increasing business complexity, the amount of change taking place in the financial industry is unprecedented. Project management skills have become a requirement in asset management operations, whether for implementing a regulatory requirement, taking on a new product, on-boarding a new client, or improving operational efficiencies while reducing risks. But many firms are taking the project management concept a step further, as they have realized that asset management firms can benefit more by creating a framework for a project management center of excellence (PMCoE). The Asset Managers Forum Project Management Working Group joined forces with Broadridge to discuss this concept in a white paper titled “Managing Change in Asset Management: Building a Project Management Center of Excellence (PMCoE).” Through this white paper we share insights to the drivers of change, the project management discipline itself, the maturity levels of project management, and real life case studies for the PMCoE.