Consulting News

U.S. Firm Chooses Financial Services Solutions from Hong Kong Company

U.S. Firm Chooses Financial Services Solutions from Hong Kong Company

Crowe Horwath LLP, one of the largest public accounting and consulting firms in the U.S., has selected financial technology solutions from Soliton Financial Analytics Ltd. to be the technological foundation of its Crowe Credit 360 portfolio analysis tool in the U.S. Soliton, a Hong Kong-based firm, offers a mix of analytical engines, interfaces and services [...]

Jean-Baptiste Massignon Appointed General Secretary of Capgemini Group

Jean-Baptiste Massignon Appointed General Secretary of Capgemini Group

Paul Hermelin, Chairman and CEO of the Capgemini Group, one of the world’s foremost providers of consulting, technology and outsourcing services, has appointed Jean-Baptiste Massignon as the Group’s General Secretary following Alain Donzeaud’s retirement. Jean-Baptiste Massignon becomes a member of the Group’s Executive Committee. He will have particular responsibility for legal, ethical and compliance functions, [...]

Expansion of Ernst & Young’s Management Committee

Expansion of Ernst & Young’s Management Committee

Ernst & Young Switzerland strengthens its management team by appointing Markus Schweizer and Marcel Stalder to the Management Committee of the audit and advisory firm. Markus Schweizer and Marcel Stalder, the new members of the Management Committee, both occupy leading positions in the Advisory Services division. The appointments underline the increasing importance of Advisory Services [...]

Administrators Appointed to Norfolk Capacitors Limited

Administrators Appointed to Norfolk Capacitors Limited

Chris Pole and Richard Philpott from KPMG Restructuring have been appointed joint administrators to Norfolk Capacitors Limited, the Great Yarmouth-based manufacturer. The company, which is based across two sites in Great Yarmouth and Gorleston, is the UK’s largest designer and manufacturer of specialist power capacitors. Chris Pole, Joint Administrator from KPMG commented : “Unfortunately, problems [...]

Capgemini Delivers Central IT Infrastructure Services for Media-Saturn

Capgemini Delivers Central IT Infrastructure Services for Media-Saturn

Consulting firm Capgemini has signed an IT outsourcing contract that will benefit 16 countries. Capgemini, represented by its subsidiary Capgemini Outsourcing Services GmbH, will host the data centers and deliver the central IT infrastructure services for Media-Saturn operations in 16 countries in Europe and Asia and including more than 900 locations. The contract period spans [...]

Ex-Fifth Third Bank Chief Joins Grant Thornton As Senior Adviser

Ex-Fifth Third Bank Chief Joins Grant Thornton As Senior Adviser

Robert James Jr., after 38 years in the banking industry, has joined Grant Thornton LLP’s national financial services practice as a Banking industry senior advisor based in the firm’s Charlotte, N.C., office. James is the former president and CEO of Fifth Third Bank, North Carolina, where he led the bank’s entry into the North Carolina [...]

MRBL Limited Acquires Mouchel Group in ‘pre Pack’ Administration

MRBL Limited Acquires Mouchel Group in ‘pre Pack’ Administration

Consulting firm KPMG has sold Mouchel Group plc to MRBL Limited, a newly incorporated company to be owned by affiliates of Mouchel Group’s lenders – RBS, Lloyds Banking Group and Barclays – and the Group’s management team. Richard Heis, Ed Boyle and Jane Moriarty of KPMG have been appointed joint administrators to Mouchel Group plc, [...]

TMX Atrium Offers Ultra-low Latency Access to Moscow

TMX Atrium Offers Ultra-low Latency Access to Moscow

TMX Atrium™, provider of smarter infrastructure solutions for the financial community, announced new low latency connectivity into Moscow from Stockholm. The new connectivity path provides access to key data centres in Moscow to enable participants to trade the rapidly growing Russian market. TMX Atrium’s access point at M1 Moscow, increasingly recognised as an important hub [...]

Deloitte Aids Wholesale Distributors Enhance Business Profitability

Deloitte Aids Wholesale Distributors Enhance Business Profitability

Deloitte has launched Deloitte Consulting Distribution Solution (DCoDS), a preconfigured, industry-specific version of the SAP ERP application, which helps wholesale distributors address shrinking margins and customer demands for higher service levels. It is scalable, customizable, and can assist organizations in their efforts to manage profitability – from customers to channels to products. DCoDS is also [...]

Travelodge Announces CVA Proposal

Travelodge Announces CVA Proposal

Travelodge last week announced proposals for a company voluntary arrangement (CVA) to secure the long-term future of the business. Under the proposal, all of the Travelodge hotels currently trading will remain open. A total of 347 hotels, 2 offices and 4 restaurants will be retained at current rents and current payment terms throughout the CVA [...]

KPMG Appointed Administrators to Dawson International PLC

KPMG Appointed Administrators to Dawson International PLC

Blair Nimmo and Gary Fraser of KPMG LLP have started winding up Dawson International PLC and its UK subsidiaries, Dawson International Holdings (UK) Limited and Dawson International Trading Limited on 15 August 2012 following the lodging of notices of appointment of administrators at the Court of Session by the companies’ directors. The Directors of Dawson [...]

Ernst & Young (Shanghai) Certified Tax Agency Company Limited Officially Opens

Ernst & Young (Shanghai) Certified Tax Agency Company Limited Officially Opens

Ernst & Young (Shanghai) Certified Tax Agency Company Limited (CTA) held a grand opening ceremony in the Shanghai World Financial Center to announce its official establishment. The auditing and accounting firm relies on its global resources network and tax experts’ years of experience, to provide a full range of tax services to its domestic and [...]

Capgemini, Pegasystems, and DLA Piper Partner for Comprehensive FATCA Compliance Solution

Capgemini, Pegasystems, and DLA Piper Partner for Comprehensive FATCA Compliance Solution

Capgemini, along with Pegasystems Inc. and DLA Piper, announced a joint compliance offering for financial institutions that are subject to the US Foreign Account Tax Compliance Act (FATCA). Under FATCA, which takes effect on January 1, 2013, foreign financial institutions will be required to determine if an account is owned by a US person, report [...]

Marketers Pinpoint Today’s Consumer with New Web-based Tool

Marketers Pinpoint Today’s Consumer with New Web-based Tool

Consulting firm Ernst & Young has rolled out a web-based tool for marketers to map consumer habits and ensure the relevance of their offering and drive customer loyalty. Available to public through http://ey.com/consumerbarometer, the Consumer Barometer tool allows users to create a personalized “consumer profile” by selecting the location, product, age, gender and income group [...]

Cayman Islands Stock Exchange to Use Xetra Technology

Cayman Islands Stock Exchange to Use Xetra Technology

The Cayman Islands Stock Exchange (CSX) is to use Deutsche Börse’s electronic trading system from spring 2013. Participants at the CSX will then have access to a high-performance trading infrastructure which facilitates highest possible market transparency. Moreover, they will benefit from all future improvements to the system and associated services. Xetra technology has been used [...]

Baker Tilly Hong Kong Expands Corporate Advisory Services

Baker Tilly Hong Kong Expands Corporate Advisory Services

Baker Tilly Hong Kong has welcomed CCIF Corporate Advisory Services Limited to its local network in Hong Kong. One of the leading corporate advisory services firms in Hong Kong, the firm will now trade as Baker Tilly Hong Kong Restructuring & Recovery Ltd. Established in 2001, the firm has expanded to become one of the [...]

TMX Group to Offer Equity Pre-Trade Risk Management Solution

TMX Group to Offer Equity Pre-Trade Risk Management Solution

TMX Group said it will be providing its equity trading clients with a comprehensive pre-trade risk solution. The TMX Pre-trade Risk Management Solution will provide clients with the seamless connectivity and technology needed for high performance pre-trade risk-filtered access to all Canadian equity marketplaces. “We are offering a low latency and functionally rich solution to [...]

Office of Mortgage Settlement Oversight Taps Help of Consulting Firms

Office of Mortgage Settlement Oversight Taps Help of Consulting Firms

The Office of Mortgage Settlement Oversight (OMSO) has called in experts from six professional firms, including Grant Thornton and Crowe Horwath, to aid in the national mortgage settlement. Grant Thornton will assist with overseeing the $25 billion settlement that involves five of the nation’s largest banks as well as the U.S. government and spans 49 [...]

North Sea Ventilation Ltd Calls in Administrators

North Sea Ventilation Ltd Calls in Administrators

North Sea Ventilation Limited, a Hull based supplier of heating, ventilating, air conditioning and refrigeration equipment, has called in KPMG’s Restructuring practice to wind up its business. Shortly after their appointment the joint administrators Howard Smith and Mark Firmin sold the business and certain assets to Terton Limited, a newly formed company, in a going [...]

KPMG Appoints Partner to UK Operations Strategy Group

KPMG Appoints Partner to UK Operations Strategy Group

KPMG has appointed Robert Browne as a Partner in its Operations Strategy Group practice. Browne specializes on commercial and strategic pricing, with significant international experience helping clients improve short-term commercial performance and build long-term growth. Robert joins KPMG after 12 years at Monitor Group, where he led the organisation’s European Marketing and Pricing team. Based [...]

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