Charles River Investment Management System (CRIMS) Upgrade & New Reporting System

The Problem:

Vontobel Asset Management, a NY City based investment adviser, manages global and US long-only equity portfolios. The firm invests in growth-stocks of companies across all market capitalizations with a focus on quality growth companies.

Vontobel needed to migrate to a more current version of the CRIMS platform. This upgrade also impacted an associated portfolio management and compliance reporting processes. The firm had made prior attempts to complete the upgrade but changes to the CRIMS software precluded using the existing approach and CRD consultants had encountered challenges in meeting Vontobel’s specific requirements natively within the CRIMS application.
The key objectives of the project included:

• Migrating the firm from version 8 to version 9 of CRIMS
• Effectively supporting an aggressive migration schedule
• Creating an automated reporting solution

What We Did:

Adeptyx consultants

•    Provided project leadership for the migration, test planning and migration
•    Successfully completed the upgrade in 3 months
•    Designed and built the new reporting system.

The features of the new reporting system included:

• Enterprise grade reporting solution that leveraged
  • Microsoft SQL Server Integration Services
  • Microsoft SQL Server Reporting Services

• Custom Data Integration & Transformation process to manage
  • Position Data
  • Report Definitions
  • System Configuration Details

• Custom Reporting Solution to automatically
  • Consolidate Position Data
  • Create Portfolio and Portfolio Group Reports
  • Organize and distribute reports to multiple user groups

The Results:

With the help of the Adeptyx team, the client is now using the current version of the CRIMS platform and is well positioned to handle future growth.

The reporting solution provided senior management, trading and compliance teams with an automated reporting system that saved time and resources – a process that previously required 45-minutes per day of manual intervention, is now fully automated and completed in less than 5 minutes. The solution also provided greater flexibility in support of growth and non-standard reporting requests.

“We are very happy with the support Adeptyx was able to provide.” said Charles Falck, Vontobel Managing Director and COO. “They quickly assessed our needs and proposed and delivered a very satisfying solution while meeting our aggressive timeline”.