Independent Franchise Partners LLP
Navigant Consulting, 2009
Asset Manager from scratch in 35 Days
Summary
Winner of MCA Awards 2010
There aren’t many clients who take out advertisements in the Financial Times and Wall Street Journal to thank the firms they have worked with, but that is precisely what Independent Franchise Partners LLP (“Franchise Partners”) did in August 2009 in recognition of the help it had received in setting up its business.
Some of the most critical support came from consultants at Navigant Consulting who, in just five weeks, designed and implemented the interim systems and processes Franchise Partners needed to launch in the middle of June 2009. The same team developed and implemented a permanent solution, based around outsourcing as many of Franchise Partners’ non-investment activities as possible. This resulted in a ground-breaking deal, signed with Northern Trust in September, which secures Franchise Partners’ long-term commercial objectives.
“We started with a blank sheet of paper and three months later had a full-fledged asset management business,” says Hassan Elmasry, a partner at Franchise Partners. “We simply couldn’t have done this without Navigant’s help.”
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