Finance, Risk & Compliance (FRC)

Success in Practice
As well as staying close to regulatory developments, we focus on giving our clients access to the best information management environment possible. To help us achieve this, we provide broad, state-of-the-art understanding of key industry solution sets, as they develop. Our relationship with Oracle is a prime example: “Capco’s in-depth financial services knowledge and information integration expertise enables businesses to better leverage Oracle’s analytical applications – and this helps financial services companies to report their performance with greater confidence and transparency.” Greg Mitbo, Vice President, Oracle Financial Services.

Our financial services risk & regulatory consultants practice offers solutions across three core business functions:

• Finance, including core finance management and enterprise performance management
• Risk, including risk information and risk governance
• Compliance, including regulatory compliance and regulatory remediation

Specifically, we offer services and tools that help improve performance, reduce costs, manage risk and meet regulatory demands through a combination of management and technology services that include:

• Financial, management & regulatory reporting
• Multi-dimensional risk-adjusted profitability
• True cost transparency
• Market, Operational and Credit risk management
• Compliance remediation
• Finance systems and technology

Our successes in FRC transformation include:

• An engagement that reduced the legal entity close process of a major company from 12-17 days to 3 days
• Work with an established company to transform financial management by replacing five disparate financial systems in 12 business units with one enterprise-wide financial system
• An implementation of supply accounting and accounts payable shared services resulting in a 75% cost saving and expansion of the center
• Development of a comprehensive, structured view of credit risk, designed reporting objects and an overall credit risk reporting framework, including a multi-stakeholder dashboard

Results like these are delivered by a project team of seasoned, FRC specialist professionals who bring distinctive insights to every engagement.

We support FRC teams to improve information performance, through rationalized data sets that aid information management and reporting, reduce costs, manage risk, and meet regulatory demands.

Achieving data integration and a high-performance information environment - beyond compliance - is critical to effectively approaching all the FRC disciplines: helping our clients act on this profound realization is another way Capco is forming the future of finance.