Financial Services - Ernst & Young - United States

We’re ranked #1: Operational Risk & Regulation 2011 consultancy awards
We are pleased to announce Operational Risk & Regulation ranked us as the leading consulting firm for the third consecutive year, in addition to placing us first in the following categories: Basel II/III, corporate governance, fraud/financial crime prevention, treating customers fairly, anti-money laundering, regulation strategy and enterprise-wide compliance and risk management strategy.

2011 wealth management study: investing in the future
Strategic investments in technology, people and processes will have to be balanced against other organizational imperatives in a highly competitive wealth management market. Is your wealth management firm maximizing its resources for the future? We surveyed professionals to find out where the industry is heading.

2011 survey highlights: global hedge fund market
Our recent survey, which juxtaposes the views of managers and investors, indicates that the two groups differ on some important matters such as governance, administration, succession and capital raising. How can they bridge these gaps and find consensus? Tap into our findings for insights and analysis.

Evolution of the CRO
“CRO” may not be a new title in banking, but post-crisis challenges—including greater risk requirements, an uncertain macroeconomic landscape and a heightened regulatory environment—mean that responsibilities have grown considerably for this officer. Gain further insight into this role’s challenges and which areas will be integral for success.

Evolution of the CIO: focusing on business outcomes
The Chief Information Officer (CIO) and the broader technology functions are evolving from the oversight of operations to the delivery of business outcomes. For some firms, this means instituting new roles and responsibilities that focus on "the five I's" - information, infrastructure, innovation, investment and integration. Learn more about them.

Eurozone Forecast: outlook for financial services
Our Eurozone Forecast for financial services (pdf, 2mb) examines economic forecasts for the region’s banking, asset management and insurance sectors.

Broker-dealers respond to Dodd-Frank and FINRA
Broker-dealer compliance programs have been significantly impacted by Dodd-Frank and FINRA related regulations. How are firms and their compliance functions responding? We conducted a survey of broker-dealer compliance officers to find out. See their perspectives and practices around these new regulations.

Dodd-Frank one year later
On July 21, 2010, President Obama signed the Dodd-Frank Wall Street Reform and Consumer Protection Act into law. While most companies are well positioned to respond, they will still need to adapt to the nearly 250 new rules the act has created. Are you prepared?

Manage liquidity risk: try our liquidity diagnostic tool
To help banks move their funding and liquidity risk frameworks toward leading practices, we have developed a market-tested diagnostic tool. It provides current benchmarking and detailed mapping against regulatory requirements to help you identify gaps and improvement opportunities. Use our tool to help you create an actionable liquidity risk management plan.

Making every drop count
The new Basel III liquidity rules mark the first time that specific global quantitative minimum standards for liquidity have been introduced. To provide financial institutions with time to develop their reporting systems, the first observation-period reporting to supervisors is expected by January 2012. Find out how to prepare.