Helping Clients safely navigate to efficient outsource models
Aladdin Provider
Strata has delivered insourcing, outsourcing and migration of middle office between providers, bringing you the deepest industry knowledge in the market.
The Aladdin Provider model allows Asset Servicers to operate directly on their clients’ Aladdin instances, handling middle office functions in real time. Strata’s expertise ensures the model is implemented effectively and governance and workflows are seamlessly shared, giving firms transparency, efficiency, and confidence at scale.
Aladdin Provider
Aladdin Provider: the Asset Servicer uses native Aladdin functionality on behalf of the Aladdin client and performs middle and back-office functions in real-time on the same instance of Aladdin as the client e.g. Confirmations and Settlements, Corporate Actions, Data management, Derivative Operations, Accounting, Performance and Reconciliations. From a data and reconciliation governance point of view, the workflow is shared across the platform between the Aladdin client and Servicer.
Typical Asset Manager / Service Provider Challenges
- Transparency and relationship governance between Asset Manager and Servicer
- Getting data out of Aladdin / integrating into core Servicer systems e.g. for reporting
- Knowing how to get the most out of Aladdin and building scalable, Aladdin Operations capability
- Not being able to control the software or improve it to the service provider’s advantage
- Scaling the platform efficiently for multiple clients
- Managing a multi-geographic client running one instance of Aladdin with different daily closings
- How to create platform specific servicing versus the existing Centre of Excellence (COE) model
- Optimisation of processes for maximum efficiency on Aladdin Provider model
Our Services
- Aladdin Provider go-to-market Advisory – Market intel, value proposition, competitive position
- Aladdin Provider Operating Model and Technical Advisory – design and delivery of a global multi-client provider model
- Implementation support – cost effective delivery and onboarding of new clients to Aladdin Provider
- Getting data out of Aladdin and integrating into downstream systems, Aladdin Data Cloud (ADC), Accounting and Performance, client reporting
- BAU / Managed service roles and ongoing Operational Alpha
- Accelerators:
- Multi-Access solution
- KPI Dashboard for MIS
- Aladdin Knowledgebase
Strata Experience
We provide industry leadership in Aladdin Provider and Middle Office Outsource.
Strata has delivered insourcing, outsourcing and migration of middle office between providers, bringing clients the deepest industry knowledge of Aladdin Provider, and how to successfully deliver for our clients.
We draw on multiple completed and ongoing outsourcing projects with all of the major Aladdin Service Providers to leverage a unique knowledge of the implementation, data and technical architecture and change management required to make these projects successful.
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