Overview
As the final phase of Mirvac’s ‘NEXT’ program, the Investment Management transformation aimed to centralise platforms for managing leasing and financial data. This initiative was designed to drive improvements in billing, forecasting, and valuations across Mirvac’s diverse asset portfolio, which includes Retail, Office and Industrial, Build to Rent, and Casual Mall Leasing.
Challenge
Mirvac required a unified solution to consolidate multiple processes and systems into a centralised platform. The challenge lay in bridging the gap between business stakeholders and technical delivery teams to ensure alignment on goals and expectations.
Additionally, the program involved a complex data migration subject to external audit and GS007 compliance, requiring rigorous leadership, prioritisation, and quality assurance to ensure readiness for a simultaneous multi-asset class go-live.
Solution
Elwyn provided critical leadership to document and design asset management processes, ensuring clear communication and understanding across business and delivery teams. The approach included:
- Leading the data workstream, focusing on high-value migration tasks.
- Coordinating data cleansing, validation, and rehearsal cycles to mitigate risks.
- Maintaining transparency in data quality and completeness through regular updates to product owners and stakeholders.
- Ensuring the solution passed GS007 external audit standards.
- Elwyn’s business-led, technology-aware leadership ensured that all aspects of the program were aligned with Mirvac’s strategic objectives.
Outcome
The program achieved a smooth, simultaneous go-live across all asset classes, delivering substantial cost savings and risk mitigation. The transformation positioned Mirvac for future scalability and operational efficiency.
Elwyn’s leadership fostered a strong partnership with Mirvac’s executive and delivery teams, laying the foundation for future collaboration on strategic initiatives.
