Executing on one of the most complex test programmes in the industry

Managing £400bn in assets demands flawless testing execution. We orchestrated one of the buy-side industry’s most ambitious transformation programmes.

The Challenge

A leading investment manager embarked on a transformative journey from legacy SaaS architecture to State Street Alpha. While their SaaS platform provided a solid foundation, the Alpha programme represented a strategic leap forward aimed at enhancing capabilities, reducing costs, increasing scalability, enabling growth flexibility, and unifying global teams under a consistent operating model. This involved over 250 staff on the client side and individual desks managing up to £400bn AUM – making this one of the most complex testing programmes in the buy-side industry.

Our Approach

Drawing on our unique expertise in State Street Alpha, CRD, and testing excellence, Liqueo orchestrated this groundbreaking partnership between State Street Alpha and the client. We took ownership of:

Establishing the comprehensive business testing strategy
Delivering test approaches across all phases and workstreams
Managing test cases and defect resolution
Overseeing all testing aspects for the Front and Middle office implementation
Orchestrating communication between all stakeholders
Transforming intricate technical requirements into actionable testing frameworks

The Results

Strategic Vision and Leadership: We crafted and executed a unified testing strategy that bridged State Street Alpha and the client’s objectives, serving as the primary communication channel between all parties.
Programme Excellence: Our comprehensive approach delivered:
Crystal-clear visibility into current state and planned testing initiatives
Robust documentation of test results and sign-off protocols across workstreams
Verification that new architecture met business requirements
Implementation of consistent testing processes throughout the full lifecycle
Practical guidance for Programme workstreams, including Defect Management Process and UAT JIRA workflow
Strategic alignment of build delivery schedules with testing cycles
Validation of joint operating model business processes
Rigorous data quality assurance across integrated business and IT processes

The success of this programme showcases how Liqueo’s deep technical expertise and stakeholder management skills enabled us to find simplicity in complexity, delivering a robust testing framework that underpinned one of the industry’s most ambitious transformation initiatives.