The value of the right
Implementation partner
With a trusted implementation partner, you can focus on your core business objectives while entrusting the technical intricacies of data management to specialists, ultimately driving innovation and growth.
At it|venture, we are deeply experienced in supporting businesses in the private capital markets with implementation projects, leveraging our expertise to streamline processes and maximise efficiency. This article covers the value of using a partner and some of the reasons why we think we are best placed to help.
Why do you need an implementation partner?
Knowledge
- By seeking expert help, you gain all of the knowledge your partner has about the solution you want to implement, as well as their understanding of the wider market.
- In all likelihood, your experience with the platform will be limited to viewing the capabilities in demos or some practical end-user experience, rather than scoping and implementing it.
- Hiring resources with this specific knowledge can be unattractive, as an implementation should be a temporary state.
Time
- One of the key reasons why new solution implementations are unsuccessful is the client side project team aren’t able to dedicate sufficient resource and time to the project.
- By using a scalable implementation team, you are able to add the required bandwidth, ensuring that standard business operations continue, and progress is made on the project.
Support levels
- Whilst working directly with a vendor can be a valid option, an implementation partner can have a greater ability to adapt the project approach to your organisations’ needs, and more appetite to understand the intricacies of your business and processes.
- Implementation partners' experience is not limited to one solution, and can provide bigger picture insights on whether that solution is right for you, as well as how it fits into your wider technical infrastructure.
Why choose us as your implementation partner?
Skills
- We get the private capital markets – we’ve worked with private equity, real estate, infrastructure & credit (and more!), understand the business nuances between them and how to ensure the solution caters to your asset class needs.
- We know the business functions – we’ve worked with teams across all areas of the private market firm, from the front office deal and investor relations teams, to the back office fund accountants, through the middle office asset managers.
- We know the solutions – we’ve worked with a spectrum of platforms (you can see some of them below), and our track record of successful implementations for private capital market firms speaks for itself.
Communication
- Whether working with first time fund managers, or firms with $500bn AUM, our approach is people first. We want to work with you, to understand your business and your unique challenges in a way that vendors or other partners won't.
- Because we know that there’s very rarely a one size fits all approach to making data perform better, our approach is both inquisitive and agile. The best projects, and the best solutions, come when we work hand-in-hand with our clients.
Experience
- Our project track record speaks for itself – we’ve 80+ successful projects and counting under our belts, and a client retention rate of over 80%.
- We also succeed where others have failed – we have seen countless instances where clients have not put the right team in place to ensure the success of their project. Our team thrives in these scenarios, and has significant experience of turning around at risk/failed projects and making a success of them.
In conclusion
Harnessing technology and transforming data into actionable insights requires more than just technology. It demands expertise. As your business evolves, navigating the complexities of data projects becomes essential for growth. By selecting an implementation partner to support you on this journey, you gain access to specialised insights and experience tailored to seamlessly integrate advanced data solutions. We have these skills – from initial strategy to execution, we ensure a smooth transition, empowering your firm to harness the full potential of its data assets and drive meaningful outcomes. If you think we can help you, do get in touch.
Contact Us
Our team of experts is ready and waiting to discuss your unique needs.
- +44 (0) 20 4551 9191
- info@itventure.com
