Parker Fitzgerald appoints leaders for Cyber Risk and RegTech practices

20 July 2018 Consultancy.uk

Global consultancy Parker Fitzgerald has appointed two new practice leaders, in anticipation of rising demand in some of its newest sectors. Deloitte alumni Chris O’Driscoll and Kyle Hastings both arrive at the firm’s London office to lead its RegTech and Cyber Risk offerings respectively.

Founded in 2009, Parker Fitzgerald is a strategic advisor and consulting partner to some of the world’s leading financial institutions. Headquartered in London, the firm’s global network of senior industry practitioners, technical experts and change specialists offer services in all areas of financial and non-financial risk, regulation and financial technology. As the firm attempts to position itself for a glut of demand in its cybersecurity and RegTech offerings, Parker Fitzgerald has completed the appointment of two new practice leaders for its London office.

Chris O’Driscoll has been positioned as the firm’s Lead Partner in its RegTech Practice. His duties will see him work to improve and expand Parker Fitzgerald’s RegTech offering, focussing on how emerging technologies can be leveraged within a financial institution’s operating model to help lower the cost of meeting on-going regulatory compliance and reporting obligations. Additionally, he will manage the firm’s relationship with the global FinTech and RegTech community and represent Parker Fitzgerald on all FinTech Industry working consortia.

Parker Fitzgerald appoints leaders for Cyber Risk and RegTech practices

Over the course of his 15-year career, O’Driscoll has been instrumental in helping clients adapt their business strategy and operating models in response to major advancements in technology. Most recently, this saw him spend two years with PA Consulting, as Head of Disruptive Change. Prior to this, he was a Senior Manager at Big Four firm Deloitte.

O’Driscoll said of his appointment, “This is an exciting time to be in the industry. The digital transformation the financial sector is undergoing is bringing both opportunities and challenges to companies and customers. I look forward to joining the team as we continue to support our clients.”

Kyle Hastings has meanwhile been appointed as Practice Leader at Parker Fitzgerald’s Cyber Risk practice. Addressing growing corporate concerns on the back of a number of high profile cyber-attacks in 2017, the newly created Cyber Risk practice brings together over 100 cyber security, risk management and data privacy specialists who assist the boards of major financial institutions with shaping their strategic response to the emerging threat landscape and new global regulatory standards. In his role, Hastings will also oversee Parker Fitzgerald’s strategic partnership with Holistic Cyber, a global leader in Cyber Defence and Data Security originating from the Israeli Defence Force (IDF).

Bringing more than 20 years worth of experience following senior roles at Barclays Investment Bank, VTB Capital, Hastings is also a Deloitte alumnus. His most recent role saw him work as a Director in Cyber Risk Advisory at the Big Four firm.

Hastings commented, “I am delighted to be joining Parker Fitzgerald at this exciting time for the business. There are significant and complex challenges affecting the industry, not least the proliferation of cyber-attacks and the heightening regulatory expectation on cyber resilience. I am eager to help clients manage the cyber risks arising from their business activities and I look forward to working with the team over the coming months and years.”

Commenting on the duo of appointments, Scott Vincent, CEO, Parker Fitzgerald said, “We are delighted that Chris is joining the team at an important moment for the industry. His proven track record to help grow businesses will be critical as Parker Fitzgerald continues to lead the market in addressing their digital and regulatory challenges… Kyle joins Parker Fitzgerald at an important juncture for the business and the wider industry. The digitisation of financial services means the sector is balancing the needs of embracing a sustainable digital business model as well as addressing the growing regulatory requirements and broader cyber threats to their businesses and customers.”

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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.