Joe Tarantino
President & CEO
Protiviti
Q: Where is your firm today?
A: Protiviti has had a very strong year. We are helping our clients solve a variety of business issues and challenges in some of their most critical areas, namely: 1) helping financial services firms address regulatory reform and remediation challenges; 2) assisting with a variety of technology issues such as managing data governance, ensuring proper controls around new system implementations, addressing information security risks and improving utilization and performance on platforms such as Microsoft SharePoint; 3) improving internal controls and internal audit 4) improving business processes and introducing efficiencies; 5) assisting companies in getting ready for IPOs.
Q: How would you describe your firm's outlook for 2014?
A: We are cautiously optimistic about our firm's prospects for 2014. We experienced strong double-digit revenue growth in 2013 and in most of the areas that we practice we continue to see high demand for our services. Not surprisingly, our growth is being fueled by our work in the financial services industry with a focus on regulatory remediation, industry wide technology solutions and internal audit services. A continued strong IPO and transaction market will also assist in driving our growth. Our clients' need for improving their performance is a potential growth area as we can help them with improving processes and better use of data to remain competitive in the marketplace and managing costs effectively.
Q: What signs suggest an increase in demand?
A: I would say that there are several market forces that drive growth opportunities for us. First, we believe there is an enhanced recognition by our clients and prospective clients that Protiviti has a strong and growing team of people with deep expertise and experience solving their problems in a very effective and efficient manner.
Q: What do you see as the biggest opportunities in 2014?
A: In 2014, we will stay focused on playing to our strengths and delivering exceptional client experience. Across the competitive landscape in which we operate, we are considered a young, mid-sized firm and, as a result, we believe we have an enormous opportunity to grow our brand, reputation and market share. We are making significant investments in hiring highly skilled professionals to deepen our consulting capabilities globally.
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