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Financial Services news in the UK | Page 16

An overview of news, trends and research in the Financial Services industry in the UK:

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Accenture Alvarez & Marsal Analysys Mason Ayming Bain & Company BearingPoint BJSS Campbell Tickell Capgemini Invent Cedar Management Consulting CIL Management Consultants Coeus Consulting Collinson Grant COMATCH Cordence Worldwide Curzon Consulting Deloitte Delta Capita Develop Consulting dss+ EFESO Consulting Elixirr Emerton Enfuse Group Fairgrove Partners FTI Consulting Genioo GEP HKA Humatica Korn Ferry KPMG L.E.K. Consulting LanciaConsult Maine Pointe Marktlink Mason Advisory McKinsey & Company Metyis NERA Economic Consulting Netcompany Nextcontinent NMS Consulting North Highland Nous Group OC&C Strategy Consultants Oliver Wight Oliver Wyman PA Consulting PwC Q5 Roland Berger Skarbek Associates Tensing ThreeTwoFour umlaut Valcon West Monroe Yonder Consulting Zanders

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Oliver Wyman: Men dominate ExCos of financial services Despite substantial diversity efforts in the financial services industry, the top of the sector remains a male dominated world, reveals a research by Oliver Wyman.
08 December 2014
The 12 best pension consulting firms of the UK 12 consulting firms will in the coming months battle for the prestigious title of best pension consulting firm in the UK. The winner of the so-called ‘Best Pensions Consultancy of the Year’ Award, a prize that is handed ou
08 December 2014
KPMG, Innopay and IBM join Holland FinTech network Earlier this week, Holland FinTech, a knowledge and network centre for global developments in fintech, officially started.
05 December 2014
Towers Watson: M&A in insurance technology to rise M&A in insurance technology is expected to increase as insurance firms place a bigger importance on product and distribution technology capabilities, concludes consulting firm Towers Watson. The increased emphasis on modern technology is the re
04 December 2014
Capgemini awarded contract by The Pensions Regulator Capgemini UK has been awarded a contract by The Pensions Regulator to implement and support an integrated case and document management solution that meets the organisation’s need for automatic enrolment of UK work-based pensions. p
02 December 2014
Deloitte investigates glitch in BoE payments system A glitch hit the Bank of England (BOE) last month, throwing its payments system flat and hobbling thousands of housing market transactions.
01 December 2014
18 consulting firms nominated for Pensions Age Awards 18 consulting firms have been shortlisted for the Pension Age Awards. The Awards, which recognise outstanding pensions and performance of pension providers, will be handed out in February 2015. The Pensions Age Awards recognises both t
01 December 2014
BCG: London insurance market under significant threat The multi-billion pound London Insurance Market is facing significant threats as the global hub for commercial insurance, conclude The Boston Consulting Group and the London Market Group in their research. The biggest threats are a loss of market s
18 November 2014
Deloitte FAS hires JP Morgan veteran Chris Nicholls Deloitte Financial Advisory Services (FAS) has announced the appointment of JP Morgan Executive Director Chris Nicholls as Partner of its Equity Capital Markets team. Nicholls will provide advice to companies coming to the market in London
10 November 2014
McKinsey survey reveals BoE plagued by internal politics A recent research from McKinsey & Company finds the staff of the Bank of England are dissatisfied with elements of how the institution is run. While not all bad news, the report finds that listening to staff will allow it to “b
10 November 2014
EY replaces Deloitte as Royal Bank of Scotland auditor EY has been selected by Royal Bank of Scotland to replace Deloitte as its auditor as of 2016. The decision follows new regulations that require companies to switch auditors every decade. As a result of EY’s new co
07 November 2014
Oliver Wyman partner becomes CRO of BNY Mellon Global investments company BNY Mellon has appointed James Wiener as Senior Executive Vice President and Chief Risk Officer. Wiener joins BNY Mellon from Oliver Wyman, where he was Partner and Head of the North American Public Policy Practice, and s
04 November 2014
Roland Berger: Profitability of EU banks still too low The profitability of European banks has over the past year grown strongly, by approximately€54 billion. Nevertheless, profitability remains too low, in particular in comparison with American counterparts, according to a new research
03 November 2014
Deutsche Bank Chairman Corporate Broking joins KPMG KPMG has hired James Agnew as Senior Member of its Capital Advisory Group, a function he will assume early 2015. Agnew will join KPMG from the Deutsche Bank with extensive experience in corporate broking, with the intent to expand KPMG’s foot
24 October 2014
Aon Hewitt launches DC fiduciary management service Aon Hewitt has launched a delegated management service for trust-based defined contribution schemes. A service set up to improve member outcomes through more effective and client-specific investments. BlackRock will provide Aon Hewitt with the need
21 October 2014
KPMG: Banks must change for sake of UK businesses If banks do not catch up with technology and the possibilities and requirements of the modern world, shadow banking could well come out of the shadows, says Bill Michael, Financial Services Head at KPMG.
20 October 2014
KPMG launches alternative finance practice in UK KPMG has launched a new practice in the UK that supports clients with alternative finance services. Warren Mead has been appointed as head of the newly formed ‘challenger banking and alternative finance’ unit, tasked with the responsibi
15 October 2014
ANZ Bank continues Trade360 SaaS partnership with CGI Australia and New Zealand Banking Group, one of the major banks in the Asia-Pacific region, has decided to extend its use of the CGI Trade360 global trade finance Software as a Services (SaaS) platform. The contract has a duration of sev
10 October 2014
Former Barclays COO Jonathan Rose joins Capco UK Financial services specialist Capco has recently added Jonathan Rose to its UK partner team. Rose previously worked for Barclays as COO/CIO and for Accenture as a partner. At Capco, he will focus on further expanding the firm’s footprint in t
08 October 2014
Capgemini & RBS: Electronic payments market grows 9% The number of electronic payments has grown last year with 9.4% to a total of 366 billion transactions, fueled by strong growth in developing markets and the use of credit (up 9.
07 October 2014
McKinsey develops strategy for Co-op Bank of Kenya The Co-operative Bank of Kenya has hired McKinsey & Company to support it with the development of a growth strategy. The consultants have been given three months’ time to come up with a strategy, roadmap and action plan./
02 October 2014
Deloitte partner Ian Smith new CFO of Clydesdale Clydesdale Bank has announced the appointment of Deloitte Partner Ian Smith as its new CFO, effective as of October. Smith joins with extensive experience in finance and consulting, after having fulfilled senior roles at Deloitte, Lloyds Banking Gr
26 September 2014
Mercer & eShare launch eGovernance for pension schemes Mercer UK has together with eShare launched a new service that helps pension schemes with the move to paperless meetings.
24 September 2014
CGI supports Aon with cyber insurance risk assessment Professional services firms Aon and CGI have decided to join forces in Finland. The partnership centres around the development and delivery of cyber insurance risk assessment services. Cybercrime is rapidly becoming one of the largest
17 September 2014
BearingPoint nominated for Financial Innovation Awards On 27 November 2014, the 17th edition of the Financial World Innovation Awards are organised in London, UK. Among this year’s finalists is consulting firm BearingPoint, nominated in the 'Innovation in marketing and communications' category./
16 September 2014
PwC Consulting under fire in the US for misconduct Consulting firms hired to investigate banks find themselves often in a difficult position; they are handpicked and paid by the same people they are supposed to investigate. PwC Consulting US has recently come under fire for watering down
21 August 2014
Aon: Pensions accounting reform impacts businesses According to global HR consulting firm Aon Hewitt, the changes to pensions accounting standards currently proposed by the International Accounting Standards Board (IASB) could take more than £25 billion off the balance sheets of FT
12 August 2014
Innopay: Cryptocurrencies potential market disruptor Despite the current skepticism that surrounds cryptocurrencies like Bitcoin and Litecoin, the technology and ideas behind virtual currencies have a bright future and even have the potential to disrup
05 August 2014
Intraday liquidity risk management key for banks Banks should increase the focus on how they manage their intraday liquidity. Not only could a critical review help improve risk management, it also could result in bottom-line savings, claims a new white paper from consultancy firm a href="/firms/
08 July 2014
McKinsey Principal Peter Hahn joins insurance firm Zurich The North American practice of Zurich has appointed Peter Hahn as head of its Predictive Analytics department.
04 May 2014
Bank of Ireland outsources Group ICT to Accenture Bank of Ireland is planning to outsource its Group Technology Division to Accenture, a global management and technology consulting firm. According to expectations, 200 employees will move to Accenture’s outsourcing branch. The transaction, which
28 March 2014
Bank of England clarifies role McKinsey and Deloitte The Bank of England (BOE) recently hired McKinsey and Deloitte to examine the strategy and operations of the central bank. The hiring has caus
20 January 2014

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