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Successful implementations

Any change project is complex. With Limina, you get a partner with a proven track record of successful implementations.

Proven implementation methodology

While each implementation is unique, our experienced team have developed an implementation project methodology that can be adapted to your unique circumstances, ensuring a successful implementation. Most projects can be completed in 3-12 months depending on complexity, such as asset class breadth, number of custodians, compliance rules, etc.

The steps of an implementation and responsible parties are illustrated below:

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Some examples of recent implementations - all completed on time and budget:

CASE STUDY 1

3 weeks
Startup asset manager
No. of users: 4
Integrations: 2 service providers, 1 market data source, 1 EMS

New launching asset manager goes live within weeks:

With the help of Limina’s data management-as-a-service and out-of-the-box integrations, the client was able quickly launch their fund quickly, with an institutional-grade platform from day 1.

CASE STUDY 2

3 months

$2bn asset manager

No. of users: 10
Integrations: 3 service providers, 1 market data source, 1 EMS

Switch from in-house systems to Limina IMS in 3 months:

A previous implementation effort with a well-established vendor failed to integrate with the client’s custodian. With Limina, a full cash and transaction integration was enabled. The client successfully went live within 3 months from signing.

CASE STUDY 3

8 months
$6bn asset manager
No. of users: 40

Integrations: 3 service providers, 1 market data source, 1 EMS

Changing operating model and switch from on-premise F2B to Limina IMS:

A complex project involving a major change both in the operating model (outsourcing middle office) and the technology platform (moving to the cloud) was successfully accomplished in 8 months.

Limina's role in the implementation

Limina is always responsible for, at a minimum:

  • Environment setup
  • Managed integrations
  • Training

We can also assist with data migration and setup via our data management as a service offering. 

For larger projects - especially those involving changing operating models and/or larger system landscape revisions - we typically advise clients to consider appointing an independent 3rd party consultancy for project management, although this isn’t mandated. We have established relationships with leading consultancy firms and are happy to make introductions.

Intuitive data import

At Limina, we have free-to-use automation tools to help make implementations ultra-efficient:

  • The system includes best-practice defaults for configuration and workflows out-of-the-box
  • Data setup can be automated via user-friendly upload tools
  • Workflows and integrations are easily configurable, yet flexible enough for even the most bespoke use case
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The perfect level of flexibility

Traditionally you've had to choose between simple solutions that you outgrow quickly, or flexible solutions that are are overly complex to implement and maintain.

With Limina you'll find the perfect balance between these two - a configurable solution that can accommodate the unique needs of institutional asset managers, while also providing a standardised product where as much as possible works out of the box. 

We always design the system and its workflows for maximum operational efficiency, without custom code.

Investment Management Solutions Designed to Fit Your Operating Model
FAQ: WHAT DOES AN IMPLEMENTATION ENTAIL?

Examples of data setup & configuration

Initial static data setup:

  • Legal Entities (Funds, Custodians / PBs, Brokers)
  • Portfolios, Share Classes and Strategies
  • Cash Accounts
  • Universe of Instruments
  • Existing Holdings and Cash Balances
  • Users & Permissions
  • Data Quality Control Checks

Rules and workflow configuration:

  • Mapping of Cash Accounts
  • Trading integrations: Broker Connections and Certification
  • Custodian/Admin trade files
  • Scheduled Price Snapshots
  • Reconciliations (e.g. positions & cash)
  • Fee Rules (e.g. commissions, WHT & Market Rules)
  • Compliance Rules
  • Compliance Checks (pre & post-trade)
  • Compliance workflows (e.g. 4 eye, rule strictness & breach approval routines)
  • Data Quality Control Checks
Cost-Pressure

Cost of implementation

The cost of implementing Limina: as low as 1/5 compared to competitive solutions. The cost is lower because:

  • No custom code needed
  • Our approach to user-configurable integrations
  • Best-practice default settings are available
  • Efficient data-loading tools
  • Unlimited training is included free of charge

CURIOUS TO LEARN MORE?

Don't hesitate to get in touch - we're happy to advise on any questions you may have about the product and how it can fit into your landscape and support your target operating model.