6 Jul 2011
A third case study by Stanford University’s Graduate School of Business completes its chronicle of GlobeOp Financial Services’ first decade. GlobeOp is the first hedge fund administrator to be featured in a case study developed for classroom use by Stanford.
Hans Hufschmid, chief executive officer of GlobeOp, said: “The new chapter documents how GlobeOp grew as a market leader by responding to the changes and opportunities created by the financial turmoil of 2008-2009. With hedge fund clients and investors adjusting to new realities and relationships, we remained focused and nimble, balancing new service opportunities with client satisfaction and efficiency. We hope this latest instalment stimulates classroom discussion about vision and strategy in the context of business evolution during challenging times."
‘GlobeOp: The Financial Crisis and its Aftermath, 2008-2010’ documents the company’s proactive response to the financial turbulence of 2008-2009. GlobeOp’s leaders applied their Wall Street experience to new market fundamentals; the company grew through services related to transparency, managed accounts and independent asset verification. The case study also analyses GlobeOp’s diversification as its financial data management expertise was applied to new sectors such as corporate treasury, pension funds and reinsurance.
Today GlobeOp employs approximately 1,900 people in 10 facilities on three continents, and serves more than 190 clients representing $174 billion in assets under administration.
The case study was supervised by Professor Carroll, Laurence W. Lane professor of Organizations in the Graduate School of Business and (by courtesy) professor of Sociology in the School of Humanities and Sciences, Stanford University. It was written by David Hoyt, a Graduate School of Business researcher.
The case study can be accessed on the GlobeOp website or the Stanford Business School website. It is also being distributed by Harvard Business School Publishing.
Hans Hufschmid, chief executive officer of GlobeOp, said: “The new chapter documents how GlobeOp grew as a market leader by responding to the changes and opportunities created by the financial turmoil of 2008-2009. With hedge fund clients and investors adjusting to new realities and relationships, we remained focused and nimble, balancing new service opportunities with client satisfaction and efficiency. We hope this latest instalment stimulates classroom discussion about vision and strategy in the context of business evolution during challenging times."
‘GlobeOp: The Financial Crisis and its Aftermath, 2008-2010’ documents the company’s proactive response to the financial turbulence of 2008-2009. GlobeOp’s leaders applied their Wall Street experience to new market fundamentals; the company grew through services related to transparency, managed accounts and independent asset verification. The case study also analyses GlobeOp’s diversification as its financial data management expertise was applied to new sectors such as corporate treasury, pension funds and reinsurance.
Today GlobeOp employs approximately 1,900 people in 10 facilities on three continents, and serves more than 190 clients representing $174 billion in assets under administration.
The case study was supervised by Professor Carroll, Laurence W. Lane professor of Organizations in the Graduate School of Business and (by courtesy) professor of Sociology in the School of Humanities and Sciences, Stanford University. It was written by David Hoyt, a Graduate School of Business researcher.
The case study can be accessed on the GlobeOp website or the Stanford Business School website. It is also being distributed by Harvard Business School Publishing.
