Stanford University Business Case Study

GlobeOp: Structuring for Hedge Fund Growth, 2003-2008 (link)

GlobeOp: Enabling Hedge Funds, 2000-2003 (link)

 

GlobeOp Financial Services is the first hedge fund administrator to be featured in a business model case study developed for classroom use by the Stanford University’s Graduate School of Business. The two-part case study documents GlobeOp's history from 2000-2008, including responses to market opportunities, client demands, resourcing challenges and financial technology innovations.

‘GlobeOp: Enabling hedge funds, 2000-2003’ documents GlobeOp’s foundation in 2000 and strategic decisions during its first three years in operation, including:

"GlobeOp exemplifies the strategic value of cutting-edge technology in an entrepreneurial, global organization." - Professor Glenn R. Carroll, Stanford Graduate School of Business, Stanford University.

  • Identifying and targeting an opportunity, defending market position, effectively managing growth and stabilizing the organization.
  • Establishing a presence in India to provide its global client base with comprehensive 24/5 service.
  • Growth from a small core team of 20 people to a business employing more than 400 staff and servicing 82 hedge fund clients controlling more than $26 billion in assets. (GlobeOp today employs approximately 1,600 people, serving 190 clients representing $115 billion in assets under administration [AUA].)

 

GlobeOp: Structuring for Hedge Fund Growth, 2003-2008 documents how GlobeOp

  • Established a significant presence in India to provide clients with 24/5 services through scale and time zone optimization
  • Hired a chief operating officer to create structured people and process management
  • Became a publicly-listed company.

 

The second study also discusses the development of GlobeOp's focus on people, processes and technology, and the creation of new revenue streams through unbundled services in response to new market opportunities.

We are honored to be the focus of this study, which we hope will provide students with useful insight into the vision, team commitment and plain hard work it takes to establish a business for growth and long-term success. The case study particularly underlines just how vital a robust operational and technology infrastructure is in a constantly evolving and highly competitive market."

-- Hans Hufschmid, GlobeOp CEO


Updated May 2010