Capco, a global provider of consulting and managed services to the financial services industry, launched a North American Finance, Risk & Compliance Group, enabling the firm to expand its existing service expertise to North America to globally deliver finance, risk and compliance client services, according to Capco partners Christopher Hamilton and Michael Pugliese.
Hamilton and Pugliese will lead the new North American offering and, along with North American partners Sandeep Vishnu and David Cousineau, will complement Capco's existing finance, risk and compliance services capability in Europe.
The group will provide financial institutions with services to increase accessibility to critical financial information, reporting data, better analytics and to standardize information systems to optimize business decision-making, risk management to meet new regulatory demands.
"CFOs have realized the need to step up now and expand their responsibility for risk and compliance oversight to improve their ability to identify, aggregate and predict the impact of risk exposures in their portfolios," Hamilton says. "In today's environment, CFOs and Chief Risk Officers want access to similar data because they recognize that the accuracy and speed of access to critical information directly correlates to potential liquidity risk exposure."
In the new economy, more integration is occurring because key stakeholders are demanding more transparency, says Pugliese. "As a result, we're seeing strong client demand for information management and data governance to drive critical decision-making and stability," he says.[CMSARTICLELIST:body|({indexcode} LIKE '%CMAG.A.150%')|1]
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