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Contact an Expert
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Modernizing HR for a Leading Global Investment Firm

CLIENT
A global investment management firm operates more than 100 mutual funds and manages $175 billion in assets
PROJECT
Transform HR systems, enhance integrations, and implement a robust change management program
Challenge
The legacy HR systems created inefficiencies and posed operational challenges
WHAT WE DID
Implemented Oracle Cloud HCM, addressing the firm’s operational and change management needs with innovative strategies

PROJECT INFORMATION

With over 80 years of experience, this global investment management firm operates more than 100 mutual funds and manages $175 billion in assets. Providing services across equity, fixed income, and alternative strategies, the firm supports individuals and institutions worldwide, with a significant presence in North America, Europe, and Asia.

CHALLENGES

The firm’s legacy HR system created inefficiencies and posed challenges during modernization. Key issues included:

  • Complex Workflows: Extensive transactions and approval rules complicated employee and admin engagement.
  • Data Synchronization: Multiple vendor systems for benefits, retirement, and absence management caused data inconsistencies.
  • Adoption and Training: Transitioning from 15+ years of PeopleSoft to a new cloud platform required extensive training and user buy-in.
  • Integration Management: Handling change files and maintaining integration accuracy were ongoing challenges.

RESULTS & IMPACT

Drivestream implemented Oracle Cloud HCM, addressing the firm’s operational and change management needs with innovative strategies.

Solution Highlights:

  • Seamless Integration: Streamlined data movement between Oracle Cloud HCM and vendor systems using advanced automation and notification features.
  • Customized Workflows: Delivered tailored solutions to meet the firm’s unique business requirements, enhancing system functionality.
  • Engagement and Training: Designed and executed a comprehensive change management program to drive user involvement, improve messaging, and provide tailored training.
  • Future-Ready Transformation: Enabled the firm to adopt cloud best practices, ensuring scalability and readiness for future growth.

Drivestream’s Oracle Cloud implementation transformed the firm’s HR systems into a modern, efficient, and scalable platform. By addressing data synchronization challenges and engaging employees through change management, the firm achieved greater control over integrations, enhanced workflows, and readiness for future expansion.

Operational Efficiency
Cloud Adoption
Scalability for Growth

LOOKING FORWARD

With Oracle Cloud HCM, the firm is equipped to manage its global workforce more effectively, paving the way for continuous innovation and operational success.

Ready to transform your HR operations? Contact Drivestream to explore how Oracle Cloud solutions can drive your business forward.

 
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