Change

The Professional Services Paradigm Shift

08 December 2017 BY NIAMH KINGSLEY Society, and the problems faced by those who work within it, is fluid, dynamic, and highly demanding. The services provided by professionals and experts who seek to remedy these problems must therefore be innovative and efficient....

UAT: to be (Live) or not to be?

08 September 2017 BY: XANTHENIA NIKOPOULOU What is UAT? User Acceptance Testing (UAT) is exactly what the definition implies; solution testing that must meet certain agreed criteria to be accepted by the end users. It constitutes the final and most important step of a...

FRTB: A revision of the Supervisory Standards against Market Risks

BY RODA ULAS Financial institutions play a “too big to fail” role in the global economy which can lead to catastrophic systemic risk. To mitigate the knock-on effects of unforeseen events, which may interfere with the financial stability and soundness of the economy,...

2016: The year of great change

BY AMBER BISSELL WITH ASSISTANCE FROM SOPHIE SCALES As we look back over the past year, one thing is for certain: 2016 was a year of great change. A year dominated by Brexit, shock elections and overall uncertainty, there’s no doubt that 2016 was memorable. The most...

A Marginal Change in Regulation – The Implications for Banks

BY RICHARD THACKRAY Since the 2008 Financial Crisis, regulators, governing bodies and firms have been implementing changes to eliminate the possibility of another large scale catastrophe. Financial institutions have already invested huge amounts in new systems and...

Brexit – To what extent will it affect the U.S.?

by MATT LANGFORD Jun 21, 2016 It is a well-known fact that the term ‘Brexit’ has appeared in all national news recently, with the UK seemingly divided as to whether or not they wish to remain in the European Union (EU). Whatever the outcome, changes in the UK...

Grexit – are you ready for the operational effort?

by KERRY STAVILECI Jul 3, 2015 With Greece now in “arrears” with the International Monetary Fund (IMF), albeit not an “event of default”, but the recurring negotiations between the Eurozone governments and the Greek Government failing to reach agreement, the risks of...

Part 1 – three months in financial services consulting

by PREETY NAGI AND MATT NIVEN Oct 9, 2015 This is the first of a two-part article about the experience of a consultant at their 3-month anniversary of starting in financial services compared to a consultant who has reached their 3-year anniversary. Despite there...

Part 2 – three years in financial services consulting…

by GEORGIE FRASER Oct 16, 2015 This is the second of a two-part article about the experience of a consultant at their 3-year anniversary of starting in financial services compared to a consultant who has reached their 3-month anniversary. Despite there appearing to be...

Dark Pools: Time to Lighten Up?

by JOE MCCLENNAN  Apr 8, 2016 In today’s financial markets, dark pools have become a topic of controversy amongst financial regulators.  As the financial world increasingly relies on speed of trading, both regulators and investors face the challenge of finding a...

Aspects of the operations support model

by STUART MCCLYMONT AND DANIELLE MORPHEW Apr 4, 2014 Its evolution, how far the industry has come and where the industry is going. Operations functions have changed over the last few years. The functions were previously in-house, siloed and reactive with trade...

The Bench or Beach. Is it negative or a mechanism for development?

by RIO SMITH Oct 17, 2014 What is the bench or beach? The term “bench” or “beach” is a wordused in the consulting industry to describe a period of time that a consultant usually spends at the firm’s head-office when they have finished a project and are waiting to...

A surge in domestic near-shoring in the US

by CARLY PARIS Feb 27, 2015 Confronted with the economic pressures of the recent recession, offshoring still remains a key area for banks to reduce their cost base. However, with political pressures intensifying against offshoring banking operations, there is a shift...

A Modern Approach to Project Management: Is the Future Agile?

by RAVI SONECHA NOV 6, 2015 With continued legislative pressure being placed on financial services institutions as a result of the 2008 crisis, there is strong demand for organisations to conform to regulation via strategic project deliveries. Firms have used these...

Booking structures – time for an update?

by HAMISH WOODHOUSE SEP 4, 2015 Modern banks operate booking processes and structures that are staggeringly complicated and often antiquated. Some banks even use systems that use imperial pounds and shillings, which seems odd given many staff would not have been alive...