Since joining Capco last August from IBM, Sean Culbert has certainly made his mark on the rapidly growing financial services firm. Culbert, a partner and co-lead of the Finance, Risk and Compliance group at the firm, has been active advising not only Capco clients, but also several players in the broader financial services landscape—serving as an industry thought leader to help come up with best practices around risk management.
For instance, Culbert just published a white paper— "Regulatory Reform: 7 Critical Questions for Financial Services Firms" where he lays out a framework for clients to comply with the Dodd–Frank Wall Street Reform and Consumer Protection Act.
And in February, Culbert assisted the Economist Intelligence Unit on a regulatory reform survey, which will examine the likely impact of global financial regulatory reform on the operations of major financial institutions. The findings of the survey will be published in June.
These types of endeavours are not only good for the firm from a thought leadership perspective, but also important to Capco clients. "That's where Capco is playing, wants to play and will play in the future," Culbert says. "We want to have a unique seat at the table as a trusted advisor to the financial services community."
It's this type of impact that attracted Culbert to Capco in the first place. "Capco is where opinion stops and real solutions start," Culbert says. "It's a huge differentiator for us. The thought leadership that comes out of this firm is so impressive."
Culbert likes to say that, as a professional, one "graduates" to Capco. "The other firms are bit more general and take in a broader swath of talent that don't focus necessarily on the hard problems vertically in financial services like we do," he says. "At Capco, we can come in and say if the rule or regulation goes this way or that way then here is the net effect across the rest of your business and your supply chain. Other firms simply can not do that."
As a result, the Finance, Risk and Compliance practice is set up for "tremendous growth," he says. Although Culbert wouldn't speak specifically to revenue, he did say his practice will "probably see a 60 to 100 percent increase in headcount by the end of the year."
It's no wonder then that Culbert is bullish on the U.S. economy at large. "We've gone through this many times before and we've always come out," Culbert says. "We have a system that allows for innovation and entrepreneurship. It's not perfect, but it's a heck of a lot more efficient than any other system out there."
—Joe Kornik
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