Kurt Salmon helps financial services CFOs respond to current challenges, including:

  • Adapting processes and organizational systems to respond to a post-crisis environment (internationalization, mergers and acquisitions, and pooling of means)
  • Improving management of revenues and costs
  • Responding to the growing demands of financial communication (deadlines, audits, convergence of accounting, risk and management information)
  • Assuring compliance with regulatory obligations (IFRS, Solvency and Basel II)
  • Transforming financial information system (service level, productivity, development flexibility)

Throughout each stage of our clients’ transformations, our team of experts helps in formulating and implementing solutions in five areas:

  • Finance function organization and processes
  • Management control and performance
  • Regulatory reporting
  • Finance and risk agendas
  • Architecture of the finance information system

Representative achievements include:

  • Design and implementation of an investment bank’s financial consolidation solution
  • Design and international rollout of an organization and accounting consistency process for a specialized finance company
  • Supporting an insurance company’s financial department in its integration with a competing company, including review of the organization, processes and accounting procedures
  • Design and assistance in implementing a solution for gauging customer profitability of a mutual insurance group
  • Support in reconciling accounting and budgetary activities of a French bank’s “specialized financing” entities, including retro documentation of existing processes and target forecasting, and assistance in contracting the merger of financial systems and program management
  • Conducting a feasibility study for a French bank’s unified solution to manage risk and finance reporting requirements
  • Support for post-acquisition finance integration of a European bank (financial accounting, management accounting)