Alchemy Managed Services is an optional implementation methodology, which is available as a part of the enterprise edition license. Alchemy hosts all of the technology systems and software needed to manage and process regulatory reporting. The physical software and hardware resides at Alchemy premises, which means that the bank doesn't need to commit any of their internal technology resources or hardware to run these services. Alchemy also takes care of all of the solution upgrades and its staff run the software and generates all the necessary reports for the customer, based on the data input provided. Reports are delivered to the customer on a periodic, pre determined basis.

Decision drivers for the hosted implementation option are:

	Accelerate implementation time Alchemy handles the implementation, because they are experienced at implementing and integrating technology solutions, they are able to get an organization up and moving on a new application quickly.
	Leverage specialist resources The client gains access to expertise that may not be available internally. These experts often provide clients with insight on industry best practices and consultation on how to make processes more efficient and cost-effective.
	Reduce costs The bank does not need to invest money in maintenance and upgrades. It also saves time because internal technology personnel are not required to trouble shoot problems as Alchemy manages everything on the technology side.