Advisory Services

Evolving your business. Globally.

As the world evolves, so do your business issues. The catalysts vary: from geopolitical events to regulatory reform, from new technologies to emerging markets.

And their impact can be swift and far-reaching. Our approach — grounded in industry-specific experience and committed to delivering measurable, sustainable results — can help you adapt and succeed. Even in an uncertain environment.

We can help you with:

  • Digital business

    Does your business strategy work in a digital world?

    We all know digital is transforming how everything is done. Changing the possibilities. Affecting every individual, organization, business and government.

    The big question is: What do you do?

    Will you seize the opportunity? Or be left behind?

    The digital world is still full of questions. We’ll help you find the answers.

    Go to for more information.

    Related content

    Digital transformation

    Digital transformation

    The world is characterized by a rapid pace of technological change, increasing connectivity and ubiquity, exponential growth of data and continuous innovation. Digital technologies such as mobile, social, analytics and the cloud are rapidly converging on the wealth management industry and will fundamentally shape client value propositions and operating models of wealth managers in the years to come.

    The Journal of Financial Perspectives | The FinTech edition

    Who will disrupt the disruptors?

    Marking an exciting new editorial direction, the Winter edition of the Journal of Financial Perspectives is dedicated to FinTech.


  • Cybersecurity

    Cyber threats will continue to multiply. The advent of the digital world, and the inherent connectivity of people, devices and organizations, opens up a whole new playing field of vulnerabilities.

    Cyber risks are growing and are changing rapidly. Every day, hackers are working on new techniques for getting through the security of organizations, including yours.

    Our 2014 Global Information Security Survey explains how to get ahead of cybercrime.

    Go to for more details.

  • Managing risk — for opportunities

    We know you’re concerned about the risks of regulation and compliance – especially if you’re in banking or health care.

    Meanwhile, as market volatility and pricing pressures unsettle the landscape, those forces are stimulating competition and creating opportunities.

    To strike that balance between risk and opportunity, our research suggests that many leading firms are developing an overarching strategy that balances both.

    Our work with clients reveals that there is a need to re-engineer the risk processes across the business, just as was done with finance, manufacturing, and supply chain processes.

    The goal is to get better coverage on the risks that matter.

    Learn more about turning risks and opportunities into results.

  • Internal audit: enhancing and sustaining business performance

    Companies value the role Internal Audit plays. But they are looking for more.

    Executives want Internal Audit to not only see what has gone before, but also what comes next. They want Internal Audit to provide insights into strategic initiatives, and to share ideas that improve business performance. And they want it now.

    Internal Audit as strategic advisor

    As a strategic advisor, Internal Audit can:

    • Identify company-wide cost improvements
    • Offer recommendations that improve business performance
    • Provide key insights that focus on risk

    We can help you:

    • Assess your Internal Audit function and identify areas of improvement
    • Identify opportunities to enhance the strategic value of Internal Audit
    • Accelerate improvements through cosourcing

  • A clearer vision for finance

    An effective Finance function that is best suited to the organization can be a critical factor for growth.

    Yet 98% of companies feel there are opportunities to improve their Finance function.

    The challenge is in marrying conflicting priorities:

    • Driving the business forward
    • Protecting the organization’s financial assets

    Our research suggests 80% of companies are planning to better align Finance with overall business strategies.

    To do that, we see three key priorities for finance which involve striking a balance between control, effectiveness and efficiency.

    1. Control: promote strong governance and control in the organization.
    2. Effectiveness: drive the business forward, challenge the business and strengthen decision-making throughout the organization.
    3. Efficiency: drive costs down, integrate acquired teams.

    See more about a clearer vision for Finance:

  • Getting information technology right

    Information technology functions need to strike a balance between risk and performance.

    But reality often falls short of this goal.

    That’s because IT’s influence on the business has evolved so quickly that many IT functions are still struggling with how to marry their technical expertise with a new business perspective.

    Top IT leaders are now facing broad challenges, including:

    • Increasingly complex IT and business operating models
    • Cost efficiency and transparency demands
    • New regulations and new forms of threat
    • Corporate responsibility expectations

    Our research suggests that successful firms are focusing on these key issues and formulating their response at the enterprise level.

    Learn more about getting IT right:

  • Shaping effective supply chains

    Responding to a business environment that’s more complex and fluid than ever, many companies are adapting their supply chains in two key ways:

    • They’re rapidly expanding to capitalize on the growing number of middle-class buyers in emerging markets.
    • They’re driving cost efficiencies to boost margins in their mature market operations.

    Our research suggests that either way, seven interconnected items come into play.


    In growth markets, considerations include:

    • Managing operational, tax and regulatory risk
    • Enabling new revenue sources
    • Establishing an effective supply chain model and infrastructure

    In mature markets, considerations include:

    • Reconfiguring the supply chain to create cost competitiveness
    • Optimizing global spend
    • Improving operational agility and responsiveness

    In mature and emerging markets, environmental and sustainability matters emerge.

  • Challenges and opportunities regarding exchange of information

    Luxembourg has undergone an impressive route towards transparency by transposing into domestic tax law mutual assistance instruments both at OECD and European level. In May 2014, Luxembourg passed a law on mutual assistance on tax matters covering exchange of information upon request, automatic exchange of information as well as spontaneous exchange of information.

    1. Automatic exchange of information
    2. Exchange of information upon request 

    See more about exhange of information:

  • MiFID II

    Since its implementation in November 2007, MiFID has been the cornerstone of capital markets regulation and investor protection in Europe. Since its inception, however, not all benefits have been fed down to the end investor as envisaged. MiFID II is aiming to address the shortcomings of the original MiFID release and respond to lessons learned during the financial crisis. MiFID II was voted in April 2014 with propositions of technical advices issued in December 2014. Implementation is due by 3 January 2017.

    MiFID II is far from being a marginal change. The new text will radically change the market, with profound implications for all actors: banks, investment firms, asset managers in the funds industry, and market infrastructures. Impacts may be far reaching and go well beyond the traditional regulatory areas. We expect no business or operating model to remain untouched. In Luxembourg, the entire value chain in private or retail banking will be revisited as well as the distribution strategy in asset management.

    What are the main challenges? Have a look at our MiFID II page to find out about the top 10 impacts you need to know, read our points of views and talk to us.

Contact us

Brice Lecoustey

Brice Lecoustey
Partner, Advisory services Leader for the Commercial and Public Sector
+352 42 124 8917

Olivier Marechal

Olivier Maréchal
Partner, Financial services Advisory Leader
+352 42 124 8339

Contact our Luxembourg experts in Advisory services.


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The Journal of Financial Perspectives | The FinTech edition

Who will disrupt the disruptors?

Marking an exciting new editorial direction, the Winter edition of the Journal of Financial Perspectives is dedicated to FinTech.

EY - The CIO program

The CIO program

Read advice and insights for current and future IT executives.

EY - Cybersecurity


New threats appear daily, and you need to get ahead. View our resources and learn how to anticipate cyber attacks.

EY - Insights on governance, risk and compliance

Insights on governance, risk and compliance

Our ongoing series focuses on risk (including IT risk) and related challenges and opportunities.