Financial Services
Financial services companies work to strengthen the
financial position of their clients, be they individual
investors or global corporations. This involves a careful
balance of risk and reward over short- and long-term
planning horizons. To respond to market fluctuations,
changing business priorities, and evolving regulatory
policies, you need to be agile. And to be agile, reacting
is not an option - you must be proactive. You
must elicit input from the right people and properly
account for risks early and often through effective
planning and analysis.
Solutions
The Vanguard System™ is a comprehensive business
solution for improving the quality, reliability, and
speed of management decisions. It does this by helping
you Collaborate with colleagues
on important plans, Analyze alternatives
using state-of-the-art modeling and simulation
techniques, Automate routine
decisions using expert system technology, and Improve
overall management effectiveness by adding
structure to a normally chaotic process.
Business improvement is all about working smarter.
Vanguard brings together the people, analytics, and
systems required to help your business operate
intelligently.
Here are just a few of the ways Vanguard supports the
financial services industry:
- Risk analysis: Vanguard is the
first risk analysis solution that leverages the
combined power of your collective intelligence
and our proven analytical methods to give you
complete risk-based visibility and insight into
your business.
- Strategic planning: Vanguard
fully quantifies the financial and operational
impacts of strategic decisions at all levels of
the organization.
- Mix / Portfolio analysis:
Optimize product and service portfolios, pricing,
and promotions.
- Retirement planning: Optimize
asset portfolios and investment strategies to
improve financial positions at retirement.
- Operational efficiency: Conduct
process improvement/Six Sigma projects to reduce
costs, cycle times, and waste.
- Regulatory compliance: Expertly
guide employees through complex processes using
automated question-and-answer sessions. Reduce
administration costs while improving
productivity.
- Surveys and research: Know your
market and understand your customers' needs,
wishes, and opinions using online surveys.
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Case Study

Over 900 financial planners at Principal
Financial Group use a custom Vanguard solution
for retirement planning.
Case Study

Challenge
Principal Financial Group is a $14.76 billion
global financial services company offering
products and services including retirement,
investment, and insurance products and services.
To enhance their offerings, Principal wanted to
give financial planners new and better tools to
assist high-wealth clients in retirement
planning.
Solution
The Vanguard Professional Services Group
developed a custom Web-based application, known
as FS-Sim, that collects information about a
client's retirement goals and investment strategy
and prepares a sophisticated Monte Carlo
simulation analysis to help optimize the client's
investment portfolio. While FS-Sim performs
complex financial analytics "under the
hood", the results are presented in
easy-to-understand, print-ready reports that
financial planners can give directly to their
clients.
Over 900 of Principal's financial planners now
use FS-Sim to help guide their clients towards a
better financial future in their retirement.
Click below to see a simplified version of
FS-Sim.
Run
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