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Clients from a broad range of industries
have benefitted from IFConnect's experience. Read on for just a
few examples of how we have helped our clients:
SYSTEM REENGINEERING
Problem: A global financial information
company was unable to rollout new or enhanced product offerings
due to a dependency on older undocumented technology and a disparate
set of data operations managed separately on three continents.
Solution: IFConnect staff analyzed
the existing operations and designed a new production system that
centralized all data management into a single global repository.
The new system leveraged the strength of each independent operating
environment and combined them in a “best-of-breed” application
that could be deployed globally and managed centrally. The new system
resulted in the company’s ability to integrate data from diverse
markets for the first time and realize a better than 30% improvement
in global throughput.
PRODUCT PLATFORM DEVELOPMENT
Problem: A credit reporting company was unable
to leverage a relationship with a large lender due to significant
design limitations in its legacy products and their supporting production
infrastructure.
Solution: IFConnect staff designed,
constructed and delivered a new web-based solution within 90-days
that circumvented the legacy products and significantly streamlined
the production process. Training for analysts was reduced from six
months to two days. The new solution opened a new market for the
company and positioned them to realize a ten-fold return on their
investment.
VIRTUAL PROJECT TEAMS
Problem: A leading provider of workflow automation
solutions for the CPA market was having difficulties serving their
client base due to several design flaws in their core product that
limited its scalability, putting their business at risk.
Solution: IFConnect assembled a
Virtual Project Team to redesign and rewrite the entire application,
including enhancements to core product features. In addition to
migrating the product to a three tiered architecture, IFConnect
staff created an innovative solution for transferring tax documents
in a secure environment to offices offshore that circumvented external
FTP processes. The new product improved the company's strategic
position so that it could partner with a global provider of tax
software.
ORGANIZATIONAL DEVELOPMENT
Problem: The data operations division of a credit
information provider fell outside the decision matrix for the company,
morale was low and communications between staff and management was
infrequent and unproductive.
Solution: IFConnect staff analyzed
the situation and helped senior management reorganize the division
to better leverage management resources, improve project execution
and expand the frequency of communications between line managers
and executives. The solution also included extensive market research
on industry compensation levels and the creation of an interactive
communication mechanism to deliver strategic information to staff.
The combination of solutions recommended by IFConnect resulted in
increased operating efficiencies, better communication and an improvement
in staff morale.
EXECUTIVE TEAM AUGMENTATION
Problem: An e-commerce start up was suffering from
an excessive burn rate and lack of progress on its core products.
Staff consisted mainly of consultants and vendors with competing
priorities, progress was difficult if not impossible to track and
no processes existed for critical business functions.
Solution: An IFConnect partner
joined the management team on a contract basis as COO. He implemented
persistent processes and reporting protocols for all functional
areas, worked with the CEO to reduce the burn rate and change the
organizational structure. The result was a leaner more effective
core staff operating in a more transparent environment. Projects
began to be accomplished on schedule and communication across functional
areas imporved.
ONLINE PUBLISHING
Problem: A provider of business information and
valuation solutions to the financial services and corporate markets
needed an innovative way to distribute content via the internet
that was both scalable and easy to manage with little or no IT support.
Solution: IFConnect staff worked
closely with the client to design and build an online product that
incorporated a variety of data mining and data visualization features
to significantly increase the value and usability of the client’s
content. The product included unique topical indexing and metadata
extraction tools, a variety of graphical interfaces and the ability
to dynamically update content as the market shifted or new regulations
arose. IFConnect also designed and delivered a web-based product
demo within 30-days to support the client’s pre-sales effort
at a national industry conference.
PRODUCT MANAGEMENT
Problem: A leading provider of personalized analysis
and decision support tools to the financial services industry was
having difficulty determining how to make the transition from “Service
Provider” to “Product Company.” This was complicated
by a fragmented product offering and the absence of any significant
internal product management expertise.
Solution: IFConnect staff worked
closely with the client to gain a detailed understanding of their
business model and market. Then they designed a product framework
that bundled the client’s existing offerings into a single
platform. The new design included features that would result in
deeper market penetration and was flexible enough to support the
client’s move into new markets utilizing the same product
infrastructure. The design covered all aspects product development
including: system architecture, GUI design, workflow, and the development
of all of the new product’s features and functionality. This
was completed on an extremely tight schedule that enabled the client
to present the new product offering to its clients in a series of
pre-scheduled meetings.
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