The economical context of durably low rates forces financial institutions to find solutions to maintain the profitability of their activities:

  • Review of their internal efficiency: cost reduction initiatives, securing and steering of large transformation programs, and process optimization;
  • Upgrading their financial and scarce resources steering capabilities.

At ML Advisory, we developed methodologies and expertise to help our clients with their transformation initiatives:

  • An excellent knowledge of the underlying risk, finance and compliance regulatory context: ECB, EBA, SRB and local European Regulators;
  • A strong benchmark of financial institution organizations across Europe;

We work closely with risk, finance and compliance departments to identify their major problem areas and define with them key transformation levers to solve them:

  • Evolution of the organization / reorganization: identification of relevant movements that could bring back efficiency within the organization and promotion of joint ventures between departments if relevant (eg; Risk and Finance for ICAAP or stress testing);
  • Strategic program management: design of transformation programs, or diagnostic of already launched ones, to allow organization to go a step further regarding their compliance or internal steering objectives;
  • Processes review: review and adaptation of existing processes to bring operational excellence and improve efficiency;
  • Financial steering improvement: steering methods and process reviews to find profitability levers while mastering scarce resource levels.

We leverage our network of experts to augment our transformation & organization offer with the following expertise:

  • Technological partner for process improvements: data analytics, virtual datawarehouses, …
  • Change management to help implement new organizations

Example of recent projects:

  • Redesign of the Finance Direction of a Tier 1 European Bank
  • Steering of BCBS 239 programs for financial institutions
  • Creation of Risk and Finance joint ventures for stress testing, regulatory production, regulatory watch

Our Partner Vincent Wiencek will personally answer all your questions.

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