Services
Risk Assurance, Advisory, and Transformation
In an era of emerging and disrupting technologies as well as continuously evolving
regulations, financial institutions are faced with the challenging task to
manage risks effectively, assure sound corporate governance,
accountability and transparency as well as business continuity and resilience.
At Kentavros Technology Partners, we have the expertise and industry knowledge to help
financial institutions build confidence and trust with their customers, markets
and regulators.
We achieve this by providing independent:
(a) Risk Assurance around the completeness and effectiveness
of the risk management practices and internal controls
(b) Risk Advisory on how to improve business and IT risk
management, internal controls and governance
(c) Risk Transformation to embed innovative ways of managing
(operational, financial, regulatory) risk using intelligent IT solutions
Regulatory change
Financial institutions are nowadays faced with the
tremendous challenge to meet an ever-increasing and evolving regulatory
landscape where requirements are often ambiguous, complex, conflicting and/or
overlapping across national and regional borders.
Kentavros Technology Partners has extensive
experience in helping financial institutions manage Regulatory Change and
achieve regulatory compliance in a cost effective way.
We bring together a cross-functional team to help
you with the implementation of your regulatory compliance programs while
leveraging tools, accelerators, and best practices in project management,
solution architecture, and operating models.
Upcoming regulations where we can help financial
institutions with their regulatory transformation journey and enable cost
effective compliance include:
BCBS 239; FRTB, Basel III, IFRS 9, Mifid II, GDPR,
FATCA/CRS, AML/KYC/CDD, Solvency
Technology Advisory and Transformation
Technology is at the
centre of financial institutions enabling them to comply with a plethora of
regulations, improve performance, reduce cost, manage risk, drive innovation,
and create new products and services- ultimately boost revenue and growth!
Over many years of mergers, acquisitions, and
divestments, financial institutions IT landscape has grown into a complex,
fragmented, and often sub-optimal and costly legacy IT ecosystem of
applications, tools and infrastructure.
As such, IT executives are faced with a tremendous
challenge to (a) implement complex regulations; (b) adopt new technologies and
integrate social, mobile, cloud, and analytics; and (c) create innovative and
customer-centric solutions in a cost effective manner.
Kentavros Technology
Partners, a trusted advisor of CIOs and IT leaders,
helps financial institutions create a cost-effective business-aligned IT
organisation that is well positioned to thrive within a heavily regulatory and
constantly evolving disruptive environment.
We have the right mix of change capabilities
supported by proven industry and regulatory experience, deep functional
knowledge and technical proficiency in IT strategy, enterprise and solution
architecture, applications, sourcing models, IT operations and project
management to help you deliver sustainable and competitive value to your
business.
In particular, we can help you Assess, Design and
Implement:
·
A
business-aligned IT strategy and operating model (process, systems, people,
governance)
·
A target-state
Enterprise Architecture and transformation roadmap
·
IT performance
metrics, scorecards, dashboards and service level agreements
·
IT demand and
project portfolio strategy
·
Vendor Sourcing
model strategy
·
Enterprise
Data Management- data strategy, governance, policies, data quality
controls and KPIs; data privacy and usage
·
Business
Intelligence; Regulatory and Management reporting
·
Application
rationalisation strategy
·
Digital
readiness assessment and strategy
·
IT security
assessment and strategy
·
IT controls in
compliance with SOX
Finance Advisory and Transformation
Today’s business volatile climate poses an unprecedented challenge and opportunity to financial institutions’ CFOs to optimise the structure of finance operations, improve business performance and shape the direction of the organisation.
Kentavros Technology Partners brings deep finance knowledge and expertise to provide independent:
·· Finance assurance services that sustainable solutions around compliance and controls are embedded in organisation’s operating model
· Finance advisory service to help financial institutions improve business performance by driving efficiencies and cost savings (20-40%) through consolidation, standardisation and automation of services, processes and systems.
· Finance transformation services to help financial institutions in their implementation journey to deliver an efficient, flexible, agile and business-aligned finance function
Project, Program and Portfolio Management
Financial institutions are constantly experiencing demands to execute change in meeting complex regulatory requirements, reducing cost, improving processes, adopting new technologies and developing new products and services.
Managing a portfolio of projects and programs that deliver this change in nowadays fast-changing business, IT and regulatory environment of tight budgets and schedules is a tremendously complex and challenging task.
At Kentavros Technology Partners, our project, program and portfolio management services helps financial institutions deliver most challenging transformation programs and achieve lasting value from change. We leverage established industry methodologies and best practices around governance, processes, people and tools to reduce risk, costs and accelerate high quality delivery.
We also provide an independent critical assessment of the project/program/portfolio health, at any point during its lifecycle, to assure realisation of the expected business benefits.