Mercer Digital launches with Rohit Mehrotra named CEO of new arm

16 August 2017 Consultancy.uk

Global professional services firm Mercer have launched a new Digital business wing. Mercer Digital will aim to connect the enterprise to new technology-driven and innovative ways of working. The new arm of the consulting firm will be headed up by Rohit Mehrotra, the current Global Leader of subsidiary Mercer Workday, in the capacity of CEO.

Mercer, the consulting firm whose parent group Marsh & McLennan also includes Oliver Wyman, NERA and Marsh, have formed a strategic alliance with PayScale, a provider of compensation management software which analyses real-time salary data to ensure financial efficiency. The arrangement has been negotiated in order to bring together Mercer’s expertise in compensation consulting and information products with PayScale’s strength in technology and data science. The coalition, which will operate under the Mercer Digital banner, aims to advance compensation data and software solutions Mercer can offer clients and their future workforces.

Mercer Digital will support clients as they transition to new models of work that are enabled by digital technologies. In connection with this alliance, Mercer will secure an equity stake in PayScale, which has built the world’s largest crowdsourced database of salary profiles utilising big data technologies. That investment seeks to build upon the firm’s strong position in reward consulting and information. For PayScale, the hope is this relationship will enhance the company’s portfolio and product capabilities with deeper consulting and data expertise, enabling the firm to tailor solutions to customers’ needs.

Mercer Digital

As Mercer will provide a global channel for distributing PayScale’s products, PayScale will also provide a channel for Mercer’s products. Together, they will collaborate to develop new, innovative compensation and workforce data products and solutions, though the full terms of the agreement were not disclosed. The agreement comes at a time when Mercer is looking to boost its benefits and compensation offering, having acquired Thomsons Online Benefits outright earlier in 2017.

“Our strategic alliance with PayScale is an ideal opportunity for Mercer to provide clients with new technology platforms as we help them transition to a digital future,” said Ilya Bonic, Senior Partner and President of Mercer’s Career business. “By investing in PayScale and serving on its Board, Mercer will have a front-line view of the most promising technologies as well as contribute to the development of new data products.”

Rohit Mehrotra to lead the arm

Mercer has meanwhile appointed Rohit Mehrotra as CEO of Mercer Digital. In his new role, Mehrotra will report to Ilya Bonic, President of Mercer’s Career business, while working to build a portfolio of digital organisation and workforce change solutions. The new platform, Mercer hopes, will enable businesses to adapt their technology and people models to operate, manage, and compete more effectively. Mehrotra has worked to change organisational though regarding work before. A co-founder and CEO of CPSG Partners and current Global Leader of Mercer’s Workday business, the firm intends for him to enable Mercer to combine human capital and technologies in ways that will distinctly change the way organisations connect with their employees, as they transition to a digital workforce.

Rohit Mehrotra - CEO of Mercer Digital

According to Mehrotra himself, a rapidly transforming consumer-led business environment is being driven by how individuals around the world engage with digital technology, which employers are yet to fully utilise in aid of their employees. He continued, “That intersection is exactly where Mercer Digital sits, bringing the combination of the digital mind-set and the deep expertise of Mercer. We intend to create an environment that attracts top talent that has a passion for charting new frontiers in the digital world. We will bring Mercer IP and digital assets to well-established cloud platforms.”

“Rohit’s background, leadership, and knowledge of technology and business insight make him perfectly suited to lead Mercer Digital,” said Julio Portalatin, President and CEO of Mercer. “He understands clients’ needs to be digitally enabled throughout their organization and will ensure we offer a comprehensive, fully integrated set of capabilities that can be delivered to clients globally.”

Mercer’s move to launch a Digital offering follows a growing trend in the consulting industry. As the digital transformation market has boomed to a value of $23 billion, a number of high profile firms have launched their own effort to assist clients with new technology. Deloitte, PwC, BCG, Bain and many more have all entered the market with 'Digital' labels looking to tap into increased demand in the field, while firms like McKinsey & Company and Synechron have launched variants on digital capability centres; laboratories aimed at showcasing the potential of automated technologies for applications like Industry 4.0.

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Rapid growth sees Quantum Advisory promote trio of partners

18 April 2019 Consultancy.uk

Three senior level consultants have been boosted to the rank of Partner at Quantum Advisory, as the firm works to meet heightened levels of client demand. Aled Edwards, Amanda Burdge and Chris Heirene become Partners as long-time Quantum member Rob Davies retires in May after 15 years as a Partner at the firm.

Founded in 2000, Quantum Advisory provides pension and employee benefits services to employers, scheme trustees and members, with five offices across the UK. The firm has enjoyed exponential growth in recent years, following a number of major client wins and booming demand for its services. It opened a new office in Bristol in 2016 to service the South West and in 2017 relocated its Cardiff office to a larger site within the Welsh capital to house the increased workforce. More recently, Quantum relocated its Amersham, Birmingham and London offices to more spacious premises in the centre of both cities to cope with demand.

The financial services consultancy, which employs 115 people across the UK, has promoted three senior team members to Partner, as part of its wider growth plans. The firm has moved Aled Edwards from Principal Consultant & Actuary, while Amanda Burdge has ascended from Principal Investment Consultant. Chris Heirene, former IT Manager, has also joined the ten current Partners at Quantum.

Aled Edwards most recently managed the actuarial team within Quantum’s Cardiff office as well as providing technical training for all staff. He boasts more than 17 years of pensions experience. He started his career as an Actuary at Jardine Lloyd Thompson’s Bristol wing, before joining Quantum in 2011. Edwards is also the President of the Welsh Actuarial Society (WAS), which supports actuaries and actuarial students living or working in Wales.

Rapid growth sees Quantum Advisory promote trio of Partners

Amanda Burdge joined Quantum’s team in 2001, as one of the fledgling firm’s first employees. Most recently she was a Principal Investment Consultant with the firm, and with more than a quarter of a century’s experience in the sector, she is responsible for providing investment advice to many of Quantum’s key clients with both defined benefit and defined contribution schemes. Prior to her time with Quantum, Burdge spent two years as a consultant with SBJ Benefit Consultants (now Capita), and three years with Tesco Pension Trustees. She currently sits on the Regulation Committee for the Pensions Management Institute.

Chris Heirene initially worked with Quantum as an IT Consultant with Teamwork Technology Services and then UES for over five years, before finally joining the firm itself in 2011. He is now responsible for Quantum’s IT systems across all of its offices, including the network and core server infrastructure which supports the business. Heirene is heavily involved in utilising IT to improve and build upon the processes in place throughout Quantum.

David Deidun, Partner at Quantum Advisory, said of the promotions, “This is a very exciting time for Quantum. The recent round of promotions fully recognise the hard work and dedication shown by the three, all of whom go above and beyond for the company. I’ve no doubt that Aled, Amanda and Chris will settle into their new roles with ease and look forward to working together to grow Quantum even further.”

The news comes as Rob Davies retires in May, after spending fifteen years as a Partner at Quantum. A qualified actuary, Davies was instrumental in setting up Quantum’s Investment Division, specialising in aiding clients with their investment strategies. He will remain with the company on a part-time consultancy basis, while working with several clients in the Fiduciary Manager area.