SMART - Beacon's Operational Efficiency Management Tool

Beacon recognizes the imperative our client’s have on improving operational processes in today’s competitive environment.  In response, we have developed SMART (Staff Modeling and Analytical Reporting Tool), to assist clients in effectively analyzing their operations at the process and activity level.  SMART provides comprehensive insight into your operations and becomes the fundamental building block for corporate initiatives focused on business process redesign, organizational optimization, and activity-based costing analysis.

Created specifically for asset management and asset servicing firms, this powerful tool is designed as a comprehensive process-based matrix which tracks over 1,000 specific activities within the investment management lifecycle.  SMART facilitates the analysis and assessment of all areas of your operations including: portfolio management, trading, fund accounting, fund administration and custody.  Leveraging Beacon’s extensive activity library, SMART quickly creates a customized database that tracks the time spent on operational activities across all organizational units.  These activities are easily customized to reflect the unique processing terminology and structure of any organization. 

SMART has proven invaluable to organizations undergoing process change initiatives such as: optimizing a shared services environment, analyzing outsourcing and offshoring options, and driving efficiency gains through process centralization and better workload balancing.  By identifying the true inefficiencies and pain points within an organization, companies are able to objectively and quantifiably target where improvements need to be made.

SMART is supported by Beacon's experienced staff who will work closely with you to ensure you maximize the benefits from this powerful tool.  Beacon works with each operational group to establish the essential activities and capture the data required within the shortest period of time, ensuring minimal disruption of your daily production.

For more information contact Bill Beaulieu at 617-523-4030 ext. 226

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