T.RowePrice is an investment firm that manages over $1 trillion in assets for clients across 13 countries worldwide. Providing operational continuity is critical to success, and during times of crisis.
Making the difference by safeguarding $1 trillion in assets
From natural disasters to political upheaval, T.RowePrice must protect their clients’ assets by continuing to make global investment decisions and acting swiftly upon them. T.RowePrice wanted to review their operations to be confident they were prepared in the event of any disruption.
Bringing together a team with the right working style and cultural fit to work closely with the company’s senior associates, we assessed their most critical business functions, including global trading, client operations and compliance.
Our work commenced with preparation and delivery of a challenging initiation workshop to align thinking, clarify scope and motivate the joint team. This was followed by structured interviews and discussion with every unit leader to gain a comprehensive view of operational risks. These interviews, along with our wider industry knowledge, informed a robust planning exercise to pinpoint where the business most needed to focus risk mitigation activity to ensure continuity.
T.RowePrice now has a comprehensive view of the critical functions that need to continue in the event of a crisis and a process that can be used in future reviews and exercises. This is helping them protect their clients’ assets for the long term.