Imaging Solutions helps Rorer Asset Management (now Managers Investment Group)
streamline operations with new Investment Information Management System

Industry: Financial Services

Applications: Document Management and New Account workflow

Company: Rorer Asset Management, LLC ("Rorer"), an affiliate of Affiliated Managers Group, Inc. (NYSE: AMG), is a leading provider of investment management services to the separately managed account (SMA) industry.

Challenge:
The investment management business is characterized by the need to process large volumes of information and documentation and Rorer generates millions of pages annually. Seeking a way to gain greater control over and access to the documents and information upon which its business depends, Rorer turned to Imaging Solutions for help. Rorer’s initial goals for a solution included:

• Providing a better way to store and access documents
  
• Creating a disaster recovery capability for documents and data
  
• Reducing the costs and time associated with operating with paper files
  
• Gaining more control over files and documents
  
• Leveraging technology to better control and automate processes to improve operational efficiencies
  

Solution:
Based on these requirements, Imaging Solutions, Inc. designed an information management solution for Rorer that provides every authorized user with electronic access to all documents and related information. Using a suite of document management and imaging software and scanner and storage products, the solution provides for the capture, storage and retrieval of both paper and electronic documents.

Having made the documents available electronically, Imaging Solutions then provided further processing efficiency by using electronic forms and workflow technology to automate Rorer’s New Accounts process.

Results:
The Investment Information Management System successfully met the project goals and provides Rorer with enhanced capabilities to handle the increased document volumes and processing demands generated by the rapid growth in the managed accounts sector of the investment management industry. Use of the workflow system allows new account set-up time to be reduced and decreases the time it takes to prepare an account for trading.

NOTE: An expanded version of this case study was published by Hyland Software. Read their case study here.

For more information, contact Imaging Solutions at 203-294-6300.