Financial Services

Universal banks, credit and leasing companies, insurance companies, capital markets firms, investment banks, and asset managers operate in a rapidly changing business environment, with shorter economic cycles and volatile market conditions, as well as significant changes to their end-to-end delivery models.

IT and Operations are at the heart of these businesses and must demonstrate that they deliver value for the significant investments being made. Goals to expand into new global markets, exploit market volatility, and control operational costs require nimble business processes and effective IT. Increasing regulations for security, privacy and financial reporting compliance require transparent, auditable systems. Moreover, the cost pressures for IT and Operations to deliver services to the business that are both scaleable and flexible - on a truly global scale - presents enormous challenges for the leadership of a firm.

On the buy side, these pressures have forced an increased focus on investment performance and the technology and processes required to deliver sustainable and differentiated results to increasingly sophisticated end clients.

On the sell side, to achieve and maintain competitive advantage, banks must overcome disparate legacy infrastructures and integrate segregated lines of business to improve internal controls, share customer knowledge, and more easily up-sell and cross-sell new products and services — all while continuing to manage risk.

REAL EXPERTISE

ABeam brings more than 25 years of real experience and 800 expert resources dedicated to the financial services industry. Our 100 clients span every financial industry sector, including global financial players in banking and insurance, government-affiliated financial institutions, stock exchanges, trust banks, and several major Japanese leasing companies as well as non-bank financial institutions, such as card and credit companies. As a result of the acquisition of Catalyst Development, a leading financial services consulting firm, ABeam now serves Capital Markets and Asset Management clients in Europe, North America and Asia. ABeam's clients now include seven of the World's top 12 Banking groups and four of the World's top 12 Insurance Groups.

On the business side, ABeam collaborates with financial services companies on major strategic initiatives such as:

• Mergers and integrations
• Global expansion
• Business consolidation
• Integrating lines of business
• Regulatory compliance and risk management

To ensure an organization maximizes the value and performance of its IT and Operations functions. ABeam undertakes the following services for clients:

• Organization Transformation
• Remediation in baseline costs
• Remediation of large troubled programmes
• Developing more commercially-focused leadership of IT and Operations
• IT integration of industry specific applications and financial management