Capco helped a global investment bank define and mobilize a crypto trading capability within its wealth management business, establishing the custody, operating model, governance and control foundations required to support scalable digital asset delivery.
WHY NOW?
With demand for digital assets continuing to evolve, a global investment bank sought to launch digital asset capabilities within its wealth management business.
The ambition created challenges that extended well beyond the trading capability itself. The bank needed to navigate evolving regulatory, operational and risk requirements while coordinating multiple interdependent business and technology initiatives.
HOW WE DID IT:
To move from ambition to execution, the client required a centralized program structure that could provide strong governance, operational readiness and a scalable operating model across the enterprise.
Capco worked with the bank to establish the governance, operating model and delivery structures required to mobilize its crypto trading capability.
Our work included:
- Establishing a Digital Assets Program Management Office to coordinate governance, reporting, forums and program planning across strategic initiatives.
- Defining a centralized program structure to manage dependencies across business and technology teams.
- Supporting the evolution of the bank's digital asset custody and operating models.
- Assessing the operational implications of tokenization across multiple initiatives, including issuance, settlement and asset lifecycle processes.
- Providing leadership across governance, risk, compliance and alternative investment management.
- Advising on digital asset custody models, infrastructure architecture, vendor selection and governance frameworks.
- Developing key management frameworks covering wallets, controls, governance and digital asset lifecycle management.
WHAT WE DELIVERED:
Capco helped establish the foundations required to turn the bank's digital asset strategy into an executable and scalable operating capability by delivering:
- A scalable governance framework: Improving program transparency, executive oversight, risk management and cross-workstream delivery.
- Stronger execution discipline: Providing structured program management and decision-making across complex and interdependent initiatives.
- A defined operating model: Establishing an operating model designed to support effective governance and stakeholder alignment.
- A structured approach to digital asset proof of concepts: Creating a repeatable framework to support the development and evaluation of digital asset initiatives.
- A foundation for scale: Establishing the custody, infrastructure and operating model capabilities required to support scalable digital asset activity over time.
By combining digital asset expertise with program governance, operating model design, risk and technology capabilities, Capco helped the bank move from strategic intent toward an operational foundation capable of supporting the continued evolution of its digital asset business.