Clients & Case Studies

Our Clients

We work with some of New Zealand, Australia, and World’s  leading financial services organisations. Our clients look to us to give them an edge in the way they serve their clients and transform their organisations overtime.

Case Studies

Unit Registry System Procurement and Implementation

The initial brief was to provide a third party technical and contract review to support the selection of the Bravura Sonata suit of unit registry applications. This subsequently extended to assisting the client with business case preparation, contract negotiation and finally programme management of the entire implementation.

Unit Pricing Model Validation

Our client required periodic validation of their unit pricing process and outputs for a range of products including default KiwiSaver funds. MBS was engaged ahead of two tier 1 accounting firms to complete this work based on deep subject matter expertise and operational experience.

The assignment involved a top-down approach validating policy, process, procedure and controls and included a full black box test by security type by tax regime including PIE, life PIE and non-PIE funds.

Operations Process Audit

Mosaic was engaged by a tier one financial services provider to evaluate the operations value chain against best practice and provide recommendations for improvements where required. This included process and systems for unit pricing, registry, clients communications for two key clients schemes.

These recommendations were implemented 2012-13 using a risk-based approach.

Outsource Registry Evaluation

Mosaic was engaged by a tier one financial services provider to validate market strategy and complete a comprehensive assessment of the Unit Registry component of their outsource offering.

This brief covered all aspects of functionality and alternative service providers and extended to producing a set of recommendations and business case.

KiwiSaver Strategy Development

Mosaic was engaged an active choice KiwiSaver fund provide input to, and validation of the existing scheme and by extension, the current administration value chain and pricing structure.

This work and subsequent financial modeling informed the decision to restructure the scheme into its current state.

Funds Transition Management

Our client won a 220 million dollar investment management mandate in late 2010. Mosaic was engaged to provide New Zealand side project and transition management on the strength of our existing relationships with both the outgoing fund manager and incoming outsource vendors.

Mosaic worked with the client to provide a robust Delivery Assurance framework. Within this framework we validated business requirements, fund structures, expected transition methodology, creating quality gates for development, business and transition processes.

Mosaic also managed and verified the transfer of funds. This was successfully completed in a number of tranches, with minimal disruption to clients or the investment management process.