Transparency of processes allows Alber Blanc’s board to take management decisions based on real business performance

Àlber Blanc is an emerging market-focused algo trading company providing liquidity to many exchanges. Its trading system runs on more than 100 high-end servers located in 20 data centers around the world, executing over 100m trades per month, with a turnover measured in the hundreds of billions of dollars.

The company operates across multiple countries, resulting in complex distributed processes for managing cash flow, assets, and people. The use of traditional accounting and data analysis tools was becoming inefficient, with management having to spend too much time analyzing data in order to make decisions, and often encountering discrepancies that necessitated recalculation.

As the company grew, it implemented a multi-factor incentive and compensation system tied to results, thereby making processes more complex. A need emerged to automate and systematize operational and financial processes.

Financial planning and analysis (FP&A), cost analysis and allocation by country and division, along with management reporting, were successfully completed using the Anaplan platform.

• Internal processes were audited, eliminating inefficiencies and data redundancy, and allowing key processes to be systematized and optimized;
• Anaplan became a single source of master data, providing transparent access to information on all company operations;
• An asset accounting tool was set up, saving staff time in data collection, and providing the Board with up-to-date portfolio information on a monthly basis;
• The payroll management process was automated, increasing the transparency of incentive and compensations, and improving employee engagement;
• Scenario-modeling of financial results and tax liabilities was implemented, increasing business flexibility and profitability;
• The solution was integrated with Bamboo’s HR system using the Integration Tool booster, eliminating data duplication and manual intervention;
• A reconciliation tool with the fund’s external administrator was developed, speeding up report validation;
• An automated investor reporting tool with transactional granularity was developed, reducing data preparation time and increasing transparency.

• Accelerated reporting: reporting times have been reduced from two weeks to three days;
• Data transparency: management receives up-to-date business information in real time;
• Optimized tax planning: more accurate forecasting of the tax base for cross-border operations has been achieved;
• Time savings: uploading actual data now takes hours instead of weeks, freeing up staff to focus on analysis rather than double-checking data;
• Increased employee confidence: simplifying workforce planning and budgeting processes has improved team engagement.
• Process optimization: weaknesses within processes have been identified, processes have been restructured and optimized.