Cornerstone
Through our strategic partnership with Stone House Consulting we are able to offer Cornerstone.
The Cornerstone service was designed to help investment and hedge fund managers reduce their operational costs by 10-30% within a year. Cornerstone is a critical tool for managers to identify the total costs in providing key services both internally and to clients. Developed over the last 10 years, Cornerstone examines not only a manager's current state, but is predictive in terms of looking at the future.
Managers find Cornerstone to be particularly effective for:
- Strategic planning.
- Evaluations of significant new initiatives, such as IT upgrades and outsourcing.
- Budgeting and allocations in shared-service models.
- Profit evaluation of strategies, products and client relationships.
- Compensation, including support teams.
While Cornerstone employs some activity-based cost analysis, its focus is on the internal and external provision of services, such as client reporting, trade settlement and reconciliation. This service-based approach is designed exclusively for the buy-side and encompasses the overall costs for the provision of each service, including staffing, overhead, IT and benefits.
- Press release - Investment managers identify their key priorities
- Press release - Investit and Stone House Consulting announce a strategic partnership
- Press release - Investment managers identify their priorities for the year ahead
- See all press releases, articles and event information here
Enterprise Risk Management Intelligence report now available to read via Intelligence Online.
