Financial Services Consulting

Our Financial Services expert network includes former senior banking industry executives, former regulators (Federal Reserve, OCC, FDIC, CFPB, and State), and highly experienced technology and data professionals.   We help financial services institutions solve complex business problems by providing deep subject matter expertise in banking, capital markets, insurance and asset and wealth management. Our resources marry an understanding of business objectives with an ability to bridge gaps in the operating model design (people, process, technology, and data). We move from strategy through execution with a more efficient delivery model that focuses on bringing the right level of expertise, technology, and cost-effective resources.  We craft solutions that are both credible for regulators and sustainable for our clients. 

Importantly, we work collaboratively with our clients — and their other service providers, if relevant — to ensure projects yield results that address our clients’ real problems.  We employ advanced digital and analytical techniques to achieve fact-based decision making in an accelerated fashion. 

For further information, please contact us:


Risk ManagementWe provide expertise across the continuum of risks that financial institutions face, including: 

Prudential Regulations

  • Capital Management, Regulatory reporting, Stress testing, Risk-based capital 
  • Basel 3 Endgame—Market, Operational, and Credit Risk 
  • Resolution Planning 

Treasury Management

  • Capital allocation, Liquidity, Asset-Liability Management, Funds Transfer Pricing, RWA Optimization, Stress Testing, Client Profitability 

Credit Risk Management

  • Commercial banking and SMB credit risk data and analytics
    • Early warning and annual reviews 
    • Streamlined underwriting and auto-decision opportunities 
    • Automated covenant monitoring, delegated authority, and policy 
    • Risk rating modernization
  • Counterparty Risk Management

Non-Financial Risk Management

  • Enterprise Risk Management
    • Target operating models, GRC platforms, Enterprise Resilience  
  • Operational Risk Management—RCSA, Controls review, testing  
  • Third-Party Risk Management
    • Due Diligence, On-boarding, Monitoring, Reporting 
  • Financial Crimes (KYC, BSA/AML, CFT, Sanctions, Fraud)

Model Risk Management

  • Model risk lifecycle, including operating model, technology, and automation 
  • Model risk management for AI (Explainable AI, bias, and fairness)  

Regulatory Compliance We help institutions achieve and maintain compliance with regulatory obligations and help reduce the cost and complexity of their compliance infrastructure. Specific areas include: 

Trade and Transaction Reporting


Conduct Risk

  • Surveillance–E-Communications, Voice, Chat.   

Consumer Compliance resolution and remediation (CFPB)

  • Fair Lending, Complaints, Operating model design 

ESG Advisory

  • Climate Risk Management, Sustainability Reporting, Data Rationalization 

Privacy and Security

  • Data Standards
  • Data Management
  • Cyber Security Strategy
    • Threat Assessments
    • Program Design

Digital Transformation We apply our industry expertise along with a structured approach to help businesses achieve digital transformation goals, including:

Data Management

  • Data strategy (DAAS, data products, mesh) 
  • Migration of risk data (prioritization, rationalization)

Advanced and Predictive Analytics

  • Credit data and analytics across the risk lifecycle 
  • Regulatory and risk Model Modernization (risk ratings, stress testing including loss estimation and ppnr projections)  

GRC Platform and Automation 

  • GRC Platform Advisory and Integration
  • GRC Automation (Financial Crimes, Risks and Controls, Regulatory Change Management)

Strategy and Product Development 

  • Market Strategy
  • Business and Technical Architecture
  • Agile Program and Project Management

Client and Employee Experience 

  • Journey Mapping and Experience Design
  • Prototyping
  • Research and Ethnographic Studies


  • ISO 20022, Real-time payments

Contact An Expert

Christopher Carrigan | Principal | Philadelphia

John Couzens | Advisory Board | Chicago 

John Keller | Principal | Chicago 

Paul Mokdessi | Principal | Chicago 

David Onorato | Principal | Chicago 

Christopher S. Rigg  | Principal | Chicago 

Darrin Williams | Principal | Chicago