Get to know the elite team of innovators behind STP's success.
Fund Administration Services: Finding Operational Alpha in a Sea of Sameness
Money managers, including plan sponsors, institutional managers, family offices,
hedge funds and private equity firms, generate value for investors in three ways:
investment performance, cost management and fiduciary supervision. The former
represents the alpha that all firms look to produce for clients, while the latter is often
seen by investment firms as a necessary evil, particularly when it comes to
operational functions, like fund administration. More and more, firms are outsourcing
fund administration tasks in an effort to establish rigorous controls, stronger
processes and minimize risk associated with operational inefficiency. With a
landscape cluttered with providers who all offer the same services, finding the right
fund administration partner is just as critical as the decision to outsource.
Plan Sponsors: Finding Value To Right The Ship
Many pension plan sponsors, particularly state-run retirement systems, struggle with
growing unfunded liabilities. In recent years, low returns and high actuarial
assumptions resulted in lower than required gains on assets and insufficient state
contributions to the plans. An aging workforce nearing retirement coupled with
fewer resources entering the workforce make funding gaps difficult to overcome. To
combat this urgent problem, plan sponsors must maximize their use of technology
to monitor and track their investments, and must keep expenses under control.
Winning the RFP - How STP's Unique Value Proposition Beat the Competition
To assess and select potential middle and back office partners, investment companies
often undergo a comprehensive RFP (Request For Proposal). When a large institutional
and retail asset manager based in the West South Central States decided to outsource
its middle and back office functions, it commissioned a prominent consulting firm
to manage an extensive RFP
Implementing Data Management Processes - How to Improve Operating Efficiency and the Client Experience
Few things confound investment firms like data. For an industry so heavily reliant on
high quality data for core, critical functions, the lack of a centralized data repository
and automated processes is a staggering oversight. Most firms without a data
warehouse have data quality issues. While firms understand the importance of
managing data and implementing processes to oversee data quality, many firms, for
one reason or another, don't take the necessary steps to do so.
Gaining Efficiency and Scaling Growth - How Outsourcing Transformed a Start-Up Investment Firm into a Big Player
For start-up investment firms, finding value wherever possible is critical to the
firm's future. Many firms have solid processes in place for managing investments,
as this is a core competency. However, operational processes are not, and firms
often overlook or underestimate the importance of these processes in producing shareholder
and investor value.