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Program Management for SimCorp One transformation

AT A GLANCE

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Client Profile

Sovereign Wealth Fund

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AUM

$600bn

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Core Service

Project Management for implementation of SimCorp One

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Key Outcome

Streamlined Project Management

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Supporting Executive Oversight

This case study details how Dimensional Community provided Program Management for a complex, multi-year SimCorp implementation at a Sovereign Wealth Fund.

 

The client was undergoing a critical technological and organizational transformation but faced significant challenges, including reliance on outdated legacy systems, complexity due to multiple internal and external interfaces, and a lack of standardized project management processes.

 

The core problem was the need to stabilize project management and ensure a coordinated implementation across numerous workstreams, which was threatened by issues like interdependencies, risk management, and unclear roles and responsibilities.

Comprehensive PMO Approach

Dimensional Community implemented a comprehensive Project Management Office (PMO) framework centered around nine continuous improvement tools and methods to systematically improve existing processes and design new ways of working.

 

The solution prioritized establishing standardized processes, transparent communication channels, and a flexible, adaptive project management framework, ensuring complete stakeholder alignment. Key elements included advanced project tracking, clear roles and responsibilities, and robust risk management protocols.

 

The result was a successful transition from a fragmented, inefficient approach to a streamlined, transparent, and proactive system. This transformation provided enhanced executive oversight through fact-based project discussions, improved project and resource planning, strengthened risk and stakeholder management, and created a sustainable project management capability for future strategic agility.

Key Outcomes

Improved

Risk and Stakeholder Reporting

Transparent

Project and Resource Planning

Fully

Aligned with Strategic Goals

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