
The recent financial crisis has led to more legislation being proposed to regulate the activities of banks, insurance companies and investment firms. With consumers reluctant to add debt and companies keeping cash positions high, investment and lending activity has declined. The U.S. government is now a major stakeholder in many institutions and even dictates the salaries and bonuses of financial executives. Globalization is increasing as U.S. and European institutions look to gain further market share through acquisitions in Asia.
With increased oversight and the need to maintain higher levels of capital to protect against further risks, firms in banking, insurance, lending and investment need partners they can reply upon. The consultants at Sirius Solutions bring the right mix of technical expertise and business savvy. Our projects for our financial clients have included regulatory reporting, settlement assistance, joint venture loan portfolio assessments and derivatives training.
We have also partnered with companies to help with Governance, Risk and Compliance (GRC) management issues. These efforts consist of services for expediting the assessment and documentation of critical metrics across client organizations. Our clients benefit from a more effective organizational structure, less duplication of effort and less time spent reacting to emergencies.