Assess organizational readiness for modernization, identifying gaps and opportunities to ensure successful transformation.

Our Modernization Readiness Assessment service provides a comprehensive evaluation of an organization’s current state to determine its preparedness for modernization. With input from stakeholders across the organization, we conduct assessments of processes, technology infrastructure, governance frameworks, and workforce capabilities. By identifying gaps and opportunities, we provide actionable recommendations to enhance readiness. Our approach includes stakeholder interviews, readiness workshops, and detailed reporting to ensure that an organization is well-positioned to embark on its modernization journey with confidence.

Provide governance expertise to guide modernization efforts in line with organizational goals.

Our Modernization Governance and Planning service helps pension funds, institutional investors, and administrators establish practical governance structures and relevant strategy for modernization initiatives. Developed governance frameworks will define roles, responsibilities, and decision-making processes – allowing for effective oversight. Supporting modernizations is a detailed plan that outline the steps, resources, and timelines required to achieve modernization goals. Our approach enables successful and sustainable transformations, by aligning modernization governance and strategy with the organization’s strategic choices, regulatory requirements, and stakeholder needs.

Source, evaluate and manage vendors effectively, ensuring best strategic fit.

Our Procurement Advisory service supports pension funds and institutional investors in sourcing and managing vendors for their modernization initiatives. We provide end-to-end procurement support, from testing existing hypotheses to developing procurement strategies and RFPs, to vendor selection and contract negotiation. Our approach ensures that procurement processes are transparent, competitive, and compliant with regulatory requirements. By helping organizations secure the best vendors for its needs and manage contracts effectively, modernization projects can be delivered on time, within budget, and to the highest standards.

Guide and support successful implementation of modernization.

Our Implementation Support service offers comprehensive assistance during the execution of modernization initiatives. We provide delivery capacity and management of critical areas of modernization to support the delivery of intended outcomes, including project logistics, delivery-to-plan, performance monitoring, and vendor relationships. Our approach establishes an appropriate cadence of critical activities, inclusive of ongoing delivery, regular progress reviews, risk assessments, and stakeholder communication to address challenges proactively and keep projects on track. We have lived modernizations –  we understand the experience – and offer comprehensive support that helps organizations navigate the complexities of implementation with expertise and empathy, while ensuring modernization efforts deliver expected results.

Evaluate and monitor progress and impact of modernization.

Our Evaluation and Oversight service ensures that modernization initiatives are monitored and evaluated effectively to achieve their intended objectives. We provide ongoing oversight through performance evaluations, impact assessments, and continuous improvement reviews – remaining flexible and agile to adjust the organization and modernization, if required. By developing key performance indicators and conducting regular evaluations, we ensure that projects remain aligned with strategy and deliver the expected value. Our approach includes holistic consideration of stakeholders and their feedback, lessons learned, and leading practices to enhance the delivery of the initiative and sustain post-implementation success.