Safeguarding Financial Excellence: Risk Management and Human Capital Solutions for Modern Financial Services
From traditional banking to fintech innovation, we understand the evolving risk landscape of financial institutions. We’ve created a Financial Impact Report that focuses on aligning your business objectives with Risk Management and Human Capital solutions.
First, we ground our understanding of your business in the context of what is happening today in the wider industry…
Mergers and Acquisitions
Smaller U.S. banks are increasingly pursuing mergers to achieve economies of scale amid rising technology and regulatory costs.
Bank mergers are anticipated to increase significantly in 2025, particularly among smaller U.S. banks with assets of $10 billion or less.
Source: MARKETWATCH
2024
2024
Wealth Management
Major financial institutions are restructuring advisor compensation to enhance profitability, potentially affecting advisor retention.
UBS is reducing financial advisor payouts by two to four percentage points for advisors generating less than $750,000 in annual revenue, aiming to improve profitability in its U.S. wealth management unit.
Source: BARRON'S
2024
2024
Data Analytics
Investors are increasingly utilizing alternative data sources to predict retail performance, seeking a competitive edge in market analysis.
The alternative data market has expanded from about 100 providers in the mid-2010s to around 2,000 globally today, reflecting substantial growth driven by investor demand.
Source: REUTERS
2024
2024
Regulatory Environment
The financial services industry is preparing for significant regulatory changes, necessitating adaptations across various sectors.
In 2024 and beyond, the industry will face increased scrutiny, with new rules including Basel III and updated consumer regulations impacting banking, capital markets, insurance, and investment management sectors.
Source: DELOITTE
2024
2024
Artificial Intelligence
Financial institutions are grappling with the integration of artificial intelligence, balancing its potential benefits with associated risks.
Executives acknowledge AI's potential to enhance tasks like portfolio recommendations but express concerns about implementation complexities and potential job impacts.
Source: REUTERS
2024
2024
We search for both Visible and Hidden Risks in your operations.
Visible Risks
- Cyber Security Threats
- Professional Liability
- Directors & Officers Liability
- Property & Business Interruption
- Workers' Compensation
- Employee Benefits Liability
Next, we apply our EBITDA Edge framework to your business…
1
Discovery
- Comprehensive operational risk assessment
- Regulatory compliance review
- Technology infrastructure evaluation
- Client service delivery analysis
- Historical loss investigation
2
Risk Mitigation
- Cybersecurity protocols
- Regulatory compliance frameworks
- Business continuity planning
- Employee training programs
- Fraud prevention systems
3
Modeling & Analytics
- Risk exposure quantification
- Capital adequacy analysis
- Market risk modeling
- Customer behavior analytics
- Loss forecasting
4
Claims Process
- Real-time incident reporting
- Digital claims documentation
- Regulatory reporting automation
- Resolution time optimization
- Root cause analysis
5
Risk Transfer
- Tailored coverage architecture
- Alternative risk solutions
- Captive program structuring
- Reinsurance optimization
- Cyber liability protection
We focus on the business drivers that impact your business…
-
Digital transformation initiatives
New product development
Market segment penetration
Geographic expansion
Merger & acquisition support
Innovation partnerships
Customer experience enhancement
ESG integration strategies
-
Data security enhancement
Regulatory compliance management
Business continuity planning
Vendor risk management
Technology infrastructure resilience
Fraud prevention systems
Crisis management protocols
Operational efficiency optimization
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Capital structure optimization
Cost efficiency programs
Revenue diversification
Technology investment strategy
Talent acquisition and retention
Brand value protection
ESG performance metrics
Strategic partnership development
Lastly, to execute on our goals, we’ve created a suite of world-class tools customized specifically for the financial services industry…
Risk Mapping Edge
Comprehensive analysis of financial operations to identify and address unique risk exposures across your institution's ecosystem.
- Detailed mapping of operational and systemic risks
- Cybersecurity and data privacy vulnerability assessment
- Third-party vendor risk evaluation
- Regulatory compliance risk mapping
- Digital transformation risk assessment
Risk Insight Edge
Strategic analysis of financial industry evolution and emerging opportunities in modern banking and fintech.
- Digital banking technology adoption strategies
- ESG integration and sustainable finance practices
- Cryptocurrency and blockchain risk assessment
- Open banking opportunity analysis
- Regulatory technology integration strategies
Market Intelligence Edge
Deep understanding of financial services insurance markets and rate environments across different coverage lines.
- Real-time tracking of cyber insurance market conditions
- Professional liability coverage analysis
- Economic impact on market pricing
- D&O liability market monitoring
- Emerging fintech coverage options
Pricing Edge
Strategic approach to optimizing insurance costs through risk quality improvements and market positioning.
- Cybersecurity enhancement strategies
- Regulatory compliance program optimization
- Claims management and reporting efficiency
- Alternative risk transfer solutions
- Risk retention analysis and optimization