Prerna Patel Email & Phone Number

New York, NY, US

New York, United States

• Advisory Project Support: Blackrock Aladdin Software Implementation
• Provide strategic guidance on BlackRock Solutions Aladdin Software implementation, identifying potential risks and recommending remediation plans.
• Conduct thorough assessments of client implementation plans, offering feedback based on target state requirements, dependencies, and governance frameworks.
• Evaluate project execution options, assess resource capability requirements, and assist in coordinating client leadership sign-off on implementation readiness.Project Management: Fund Administration Transformation
• Orchestrated strategic development of a project plan, guiding internal teams and external vendors through a meticulous fund administration transformation.
• Executed the project plan with precision, ensuring a seamless transition to the client's fund administrator.

New York, New York, United States

• Drive an entire successful end-to-end implementation for strategic clients
• Support initial negotiations and relationship management along with Enterprise Sales team Scope, prepare, and manage detailed implementation tasks and responsibility lists for timely and successful launch
• Identify and inform product gaps and development opportunities to uphold and expand client adoption and penetration
• Project manage enterprise opportunities from initiation of relationship to platform launch
• Set client expectations around deliverable and timelines
• Coordinate with the Legal, Product, Technology and Fund Administration team on contact points to ensure timely delivery of platform solution

Philadelphia, Pennsylvania, United States

• Key team member on the implementation of Blackrock Solutions' Aladdin system within Investment Operations across the global organization
• Subject matter expert for Trade Confirmations & Settlements, Collateral Management, Cash Operations, and Accounting
• Strategic associate in meetings on current and future state processes to integrate follow the sun support model
• Led testing phase requirements(Pilot, Scripted, Day in the Life, and Parallel) and suggested innovative processes to ensure quality and effectiveness
• Trained staff globally on functionalities of the new system
• Troubleshot cash & asset issues as part of a ”SWAT” team

Philadelphia, Pennsylvania, United States

• Co-manage a team of 11 professionals
• Oversee the day to day processes for Trade Confirmations & Settlements, Cash Operations, Collateral Management & Corporate Actions in Philadelphia and India
• Serve as primary contact across the firm for Investment Operations
• Communicate with front office teams to address issues and proactively solve problems
• Manage ad-hoc projects in conjunction with Legal, Compliance, Performance, Fund Administration, Front Office and Middle Office
• Troubleshoot onboarding processes of new accounts and acquisitions

Philadelphia, Pennsylvania, United States

• Supervised the Derivative Operations team
• Generated monthly Key Performance Indicator reports
• Actively worked to improve daily processes within Trade Settlements & Derivative Operations
• Ensured all procedures were documented and reviewed for completeness and accuracy
• Coordinated, prepared, and reviewed information for external audits
• Analyzed and generated US regulatory reporting processes and procedures in accordance to regulations

Philadelphia, Pennsylvania, United States

• Provided operational support to portfolio managers, legal, compliance and other internal teams
• Daily communication with custodians and brokers to verify and confirm trade details pre settlement for international markets across equity and fixed income products
• Monitored trades for matching to reduce market penalties
• Identified and documented failed trades daily
• Instructed FX trades to raise/sell money to cover international trades
• Managed emails with various teams for trade and non-trade related inquiries

Philadelphia, Pennsylvania, United States

• Point of contact for Portfolio Managers, Business Relationship Managers, Investment Trade Support and Traders for any inquiries
• Responsible for reconciling holdings between the custodian and the company for multiple fixed income and equity clients
• Coordinated amongst Investment Groups, Middle Office and the Custodian in regards to client statements, performance reports and monthly and quarterly reports
• Verified accuracy of customized reports (i.e. performance figures, holdings, and portfolio activity and distribute statements to clients on a daily/monthly/quarterly basis)
• Resolved ad-hoc inquiries from internal groups and clients
• Validated and completed trade tickets for funds to Brokers and Transfer agents daily

Philadelphia, Pennsylvania, United States

• Main point of contact for all portfolio activity processed by clients' trading desks
• Reconciled all trading activity on a daily basis to ensure accurate reporting for client deliverables
• Supported clients regarding all trade disparities found during reconciliations
• Research discrepancies and ensure all activity is properly reflected in the accounting system
• Created and periodically updated securities held within clients' portfolios to allow for client specific reporting requests
• Collaborated with clients and technology team to ensure all deliverables were completed accurately and efficiently

• Reconciled all activity processed within the funds to ensure accurate NAV reporting
• Completed periodic mutual fund reporting for management and regulatory agencies
• Managed the accuracy of the processing of all fund transactions and resolved account balance conditions, errors, and exceptional items
• Responsible for accurately calculating all available cash for all clients' funds in order to purchase overnight securities
• Communicated regularly with fund service providers for account balance information
• Performed reconciliation of the ending cash balance from book to bank noting all exceptions caused due to overdraft