Banks are currently dealing with tighter regulations.
They are also changing their marketing and sales strategies, partly to retain customers but mainly to re-establish shaken consumer confidence.
At the same time, challenges for banks in customer and channel management are looming large. Mobile payments and the potential impact of social networking on banking practices pose major challenges to established business models.
We have a strong network of banking specialists, including twenty of our partners and four hundred of our consultants. Our capabilities span the world of banking, from new payment methods to financial regulations, from marketing to large-scale mergers and acquisitions.
We are currently working on new technologies to help our banking clients improve their offering and services and also reduce their costs.
As a nimble and cooperative partner, we are known for planning and supporting business transformation in core operations, finance, risk and IT. We always act quickly and efficiently to identify, outline and execute initiatives or change programs for our banking clients and their customers.
At BearingPoint we combine and apply our proven skills to enable banks to successfully manage all types of risks and comply with the latest regulatory requirements.
We help our banking clients create efficient and competitive organizations which leverage their resources especially in value-add services to best serve their customers. Optimized divisions and sectors in a well-aligned organization are core to sustainable business success.
We provide support for the implementation of future-oriented and custom-tailored process and IT landscapes that underpin excellently run credit departments. Benefits include the improvement of loans management.
Drawing on our extensive expertise in implementing core banking systems, we offer a portfolio of solutions for data migration and the integration of core banking systems nationally and internationally.
We offer a holistic and integrated consulting approach. It includes innovative concepts, the design of multichannel strategies, planning, implementation, and controlling achieved synergies.
We develop options for the strategic setup of payment transactions. This includes requirements gathering, gap analysis and system and provider selection.
We offer a range of post merger integration services. The core activity areas are active implementation work and overall test management. These are complemented by continuous quality assurance, risk management and tracking of leveraged synergies.
We can help optimize processes and increase earnings within the exchange traded products industry by holistic or integrated analysis of the value chain and by reducing complexity from front to back office and accounting (STP).
We offer consulting services for asset-backed refinancing techniques; analysis, planning, design and operation of ABS solutions; and consulting services for securitization and bonds.
We offer methodical, field-tested consulting services for managing, executing and controlling tests in the financial service industry.
Active Manager is a manager-led business transformation methodology that creates a sustainable step change in operational performance. It typically delivers performance improvements between 10% and 20%.
With BearingPoint’s tax reporting solution, financial institutions will be able to cover their entire reporting needs under many tax regimes, such as FATCA, the new reporting standards for the Automatic Exchange of Information and the Swiss Final Withholding Tax, as well as to cover the country specific tax filings of their wealth management clients.
BEAT is an analysis tool based on a functional data model using an integrated approach. BEAT accelerates the conception and design of a target finance-risk architecture for insurance companies. BEAT supports the structuring, analysis and documentation of changes in regulatory and legal environments.
Cloud Navigator is our tried and trusted way of helping you navigate quickly and effectively through the cloud. We offer incorporated cloud computing into your strategy, assessment of cloud computing scenarios & options, security & compliance check, sourcing & transformation advice, as well as adaptation of governance & operation.
The best idea is useless if it is not identified within the organization. CLU is an idea management platform supporting the innovation management process and fostering innovation as an important component of the corporate culture.
Enhancing customer service and saving money through digitization. Working closely with you, we can help you transform the way you organize and deliver customer service in the digital age, so you can provide an enhanced customer experience and achieve greater cost effectiveness.
From innovative testing such as agile testing, mobile testing, and crowd testing, to traditional step-by-step waterfall testing for one critical application or for an ongoing managed test service to support a customer solution spanning years.
BearingPoint’s Planning and Reporting Cloud Service is a cost-efficient, reliable and secure way of arranging your organization’s Enterprise Performance Management (EPM) processes.
Working closely with the client, we deliver a rigorous and effective integrated GRC (Governance, Risk and Compliance) solution – one that is not only right for the client, but also available for them.
Enhanced Document Automation. In spite of various initiatives to exchange data electronically, and especially in the digitization era, millions of documents will still be exchanged between companies or customers. As a result, a high amount of manpower has to manually process documents to route them correctly to execute requests. To accelerate these processes and to increase the efficiency and quality at the same time, an appropriate solution is necessary. Input Management 2.0 is just the solution when facing these challenges.
We are neutral IT Advisors for the full M&A life-cycle – for strategic buyers/sellers and for Private Equities. Within our industrialized IT Due Diligence or IT Assessments, we minimize risks and identify cost reduction potentials as well as growth opportunities – based on the investment thesis. Our proven track record and our unique partnership with West Monroe Partners, a leading IT M&A advisor in the US, underlines our capabilities.
Combining our strong industry and marketing expertise with our unique HyperCube® analytical tool, we will work with you to build a truly independent and detailed picture of your marketing and media world, with specific insights and actions that enable you to optimize the way you communicate with customers and spend your money.
SAP Simple Finance and S/4 HANA are the solutions which will push ERP into a new generation of “digital business”. The accelerator is a service which is part of the Digital CFO campaign to demonstrate what “digital” means for the CFO.
Smart analytics enriched products & services will become key differentiators for insurance companies. A key feature is that all players may have access to all data. At the same time, smarter analytics may eliminate the requirement to share risks. In recent years, the globalization of fraud patterns requires the analysis of "world data“ and there is the need to establish the future position in the BigData & Smart Analytics ecosystem.
Here’s how your function relates to what we offer.
Some current research:
We make sure that we understand your business problems, the trends in your industry and then work out what we need to do to achieve results for you. Our consultants know where you are coming from, because they’ve usually worked at an executive level in your industry.
We combine our deep knowledge and experience in your sector with the technical ability to create solutions with real business value.
We’re always looking to find ways to improve your productivity, streamline your processes, and leverage new revenue opportunities for you.
Finally, we get results - virtually all of our most significant clients renew their relationship with us year on year.