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ProjectIndigo

Indigo is a privately held company with business operations in three cities in the U.S. Indigo owns and manages legacy variable annuity blocks acquired from other entities. Indigo was initially created through a carve out with three private equity investors in 2018. 

About
  • Growth Add-On/Carve-Out – Led derivatives migration workstream and market data vendor contract negotiation for whole-entity add-on of legacy variable annuity block acquired as a Strategic.  Services included consolidating and optimizing market data spend as well as migration of long asset portfolio in the accounting book of records, and novation of Seller derivatives (futures, options, complex structured equity index swaps) to Indigo throughout the broker community.

Consulting Services
  • Growth Add-On/Carve-Out – Led derivatives migration workstream and market data vendor contract negotiation for whole-entity add-on of legacy variable annuity block acquired as a Strategic. Services included consolidating and optimizing market data spend as well as migration of long asset portfolio in the accounting book of records, and novation of Seller derivatives (futures, options, complex structured equity index swaps) to Indigo throughout the broker community.

Consulting Services
  • Growth Add-On/Carve-Out – Led derivatives migration workstream and market data vendor contract negotiation for whole-entity add-on of legacy variable annuity block acquired as a Strategic. Services included consolidating and optimizing market data spend as well as migration of long asset portfolio in the accounting book of records, and novation of Seller derivatives (futures, options, complex structured equity index swaps) to Indigo throughout the broker community.

Consulting Services
  • Carve Out and Stand-Up – Prior to acquisition of first policy block. Led the workstreams across real estate, branding, human resources, general ledger conversion, and corporate insurance. Negotiated all key third-party vendor contracts including market data, accounting, HRIS, and business process outsourcing.
     

  • Separation and Migration – Lift/shift infrastructure from Seller into cloud-first technology strategy for the firm. Led selection and deployment of technology infrastructure, hedge trading systems and operations, migration of derivatives hedge portfolio across brokerage community from Seller, investment accounting, claims management, general ledger, regulatory reporting. Led implementation of portfolio accounting across stable of investment managers and the derivative hedge trading services. Partnered with Legal regarding IMA negotiations with outsourced investment managers, implementation of operations for collateral and margin management, facilitation of ISDA agreements and clearing agreements, and coordination of novation trades from Seller in coordination with broker dealer community.
     

  • Streamline and Optimize – Led analysis of dollar cost per policy of processing to optimize spend across vendors, trade processing, investment accounting, real estate and staff.
     

  • Key Partners – Several law firms, offshore technology BPO firms and investment accounting firms.

Chief Operating Officer
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