June 15, 2023
The Challenge
We were employed to perform a Risk and Solution Assessment.
Our Approach
The team performed a gap analysis by documenting the current corporate action process flow. Doing so identified the lack of automation and heavy reliance on manual functionality and controls.
Our Impact
We provided recommendations for updating to SWIFT ISO 20022 processing, implementing automation, and controls around new processes to mitigate risk.
We created a complete Client Due Diligence (CDD) programme with an analysis of internal processes and industry best practice
An offshore trust and corporate services provider asked for help to enhance corporate governance following an acquisition and an approach by a regulator. Davies deployed an expert team to address corporate governance challenges and related regulatory issues..
Multiple acquisitions can build rapid growth, but also increasingly complex operations unless businesses create integration and data migration strategies. We delivered a post-acquisition integration and data migration programme for a global trust and corporate services provider.