FRACTIONAL CTO
AlphaMille advises startups, venture & private equity funds, hedge funds, RIAs, asset management firms and SMBs on elevating their technology capabilities.
IT OUTSOURCING | FRACTIONAL CTO
Whether your goal is to fulfill investor due diligence requirements, protect your data, create a robust technology platform, monitor your portfolio, set up FinTech partnerships, supplement your development staff with offshore developers, set up an R&D center or a variety of other important goals, you might not necessarily need a full time CTO. But you do need an experienced CTO with a deep understanding of your industry, experience with your type of business and access to global technology resources.
We take the time to understand your requirements, create the Target Operating Model, and manage the implementation. We work through the “buy/build” solution scenarios, run “RFP-light”, implement and integrate vendor solutions, set up data & analytics and create reporting. We design the appropriate technology delivery models and optimize your outsourced technology teams for the right blend of technical skills, seniority, location and cost.
OUR DIFFERENCE
OUR EXPERT TEAM HAS YEARS OF EXPERIENCE WORKING FOR TOP COMPANIES, INCLUDING HSBC, JPMORGAN, DEUTSCHE BANK, APPLE BANK, ABN AMRO, ING, PENSION FUND OF WI, PRUDENTIAL, D. E. SHAW, KPMG, MOUSSE PARTNERS, AND OTHERS. WE ARE A US-BASED COMPANY WHERE OUR MANAGEMENT TEAM AND OPERATIONS ARE LOCAL WHILE HAVING ACCESS TO THE BEST TALENT GLOBALLY.
TARGET OPERATING MODEL
Our team has deep expertise in creating a target operating model, implementing industry best practices, selecting quality vendors and fund administrators, data governance, technology architecture and other capabilities that result in a stable, scalable and cost-effective technology & operations infrastructure.
BUSINESS ARCHITECTURE
Investment funds grapple with business complexity because of the variety of functions inherently involved in their business - the size of AUM notwithstanding. Below is a snapshot of representative functions of a Venture/Private Equity fund, most of which can be efficiently automated. Our Fractional CTO services are comprehensive: they support and enable all business functions while adhering to the most stringent governance and audit requirements.
VENDOR SELECTION
We help investment funds and portfolio companies set up an agile business model and achieve more. After we define the target operating model, design end-to-end technical architecture, help select vendors and assure data governance and data quality.
As firms increasingly use a multitude of data sources and make data-driven decisions, the need for navigating the digital data ocean keeps increasing. Alternative data, including ESG Reporting, is becoming more important as a source of differentiation. Read more on our proprietary deal sourcing and screening automation and the use of Machine Learning to score potential deals using the fund’s proprietary framework.
CUSTOM APPLICATION DEVELOPMENT
EXAMPLE: SOURCING, SCREENING & SCORING HIGH POTENTIAL DEALS
As investment funds increasingly use a multitude of data sources and make data-driven decisions, the need for navigating the digital data ocean keeps increasing. We automate proprietary deal sourcing and use Machine Learning to score potential deals. Eliminating manual work results in efficiency and significant cost savings.
OUR TECHNOLOGY MAP
We offer a mix of traditional and cutting-edge technology skills. More here.
OUR ENGAGEMENT MODELS
We provide strategic advisory on selecting and establishing a technology team to support your firm in the optimal combination of onsite/offsite teams created to efficiently tap into our top-notch global talent. Our engagement partners have senior technology, Big Four consulting, project management and change management expertise. We help forecast demand and adopt an agile and proactive approach to supporting your growth.
CASE STUDY
PROBLEM A private equity team within a family office made investments in large scale infrastructure projects. Neither the family office nor the portfolio company had dedicated technology staff. In time, the need for portfolio monitoring, basic reporting and data management became overwhelming. The general lack of cohesion on day-to-day operations resulted in missed opportunities, stress and suboptimal decisions. The management team was not getting timely or accurate reporting until six months after month-end.
SOLUTION Being familiar with our services, the firm used AlphaMille to assess its current infrastructure and advise on the optimal technology team model. The hybrid team was created with both onsite and offshore presence. The team set up an integrated data warehouse solution to track and report on cash flows, allowing the firm to better understand monthly spend and maximize investment potential. The services also included cybersecurity, with the goal of absolute discretion, privacy, and security of data. Data was encrypted at rest and in transit, and stored in a secure, SOC-2 compliant, commercial data center. A dedicated separate network was used to protect data, complete with strict access controls and vulnerability scanning.
HOW YOU BENEFIT
Technology-enabled competitive advantage.
Increased efficiency of time and resource usage.
Improved visibility in monitoring company performance.