Pricing
Four engagement structures, sized to the work. Whether you need a focused assessment or end-to-end platform delivery, the structure is there — with explicit scope, timeline, and deliverables.
The cost of getting it wrong
A botched Bloomberg AIM or Charles River rollout doesn't show up as a clean write-off. It shows up as months of parallel operations — paying for two systems while migrating data by hand. It shows up as missed trades on day one because FIX sessions weren't certified. It shows up as compliance false positives that your traders disable, creating real regulatory exposure. It shows up as a migration team that overshoots scope by 40% with nothing to show for it.
Failed implementations in this space cost $500K to $5M when you account for performance drag, regulatory penalties, extended vendor contracts, and the opportunity cost of your team being distracted for 12–18 months.
PBW's fees are a fraction of that. The engagement structures below are sized to the work — not inflated to impress in a sales deck.
Engagement tiers
Firms evaluating a platform move, preparing for a board presentation, or scoping before committing to a full implementation. Teams that have a clear problem but need an outside view to confirm the right path.
Buy-side firms executing their first or second OMS implementation. Firms migrating from a legacy OMS or upgrading from an existing AIM/CRD configuration. Teams that have the budget for the right delivery, not the cheapest vendor.
Institutional managers with $5B+ AUM, complex multi-custodian environments, or specific compliance mandates requiring detailed rule mapping. Firms that have tried a smaller implementation and know the scope is larger — or firms that know from the start this is a major undertaking.
Managers already live on AIM or CRD who want ongoing access to senior expertise without maintaining a full-time headcount. Firms that have completed an implementation and want to make sure they're getting full value from the platform.
All engagements include a written scoping document, defined deliverables, and explicit sign-off points. No surprises at week 10. The person who scopes the engagement delivers it.
Platform expertise
Trade lifecycle, compliance rules, FIX connectivity, custodian integration, performance optimization. Full scope from requirements through post-go-live.
View Bloomberg AIM Services →End-to-end CRD delivery — order management, portfolio rebalancing, compliance rule mapping, FIX, IBOR, and multi-custodian feeds.
View Charles River Services →A 30-minute call establishes the right engagement structure. We ask about your current state, your timeline, and what a successful implementation looks like for your firm — then we recommend the right tier. No sales process.