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Capco appoints Ismail Amla to head up growing UK business

Contact
Enda Joyce or Robert Akam, 020 7400 4480, ejoyce@hanovercomms.com, rakam@hanovercomms.com
Demand for advisory services increases as financial institutions recover from the crisis

Capco, a global business and technology consultancy dedicated solely to the financial services industry, has appointed Ismail Amla to head up Capco’s UK operations. He joins Capco’s Global Executive Management Committee at a time when the company is seeing increasing demand from a recovering financial services sector for its expertise-driven services. As well as leading the business in the UK, Ismail will oversee Capco’s Human Capital team globally. In addition, he will be responsible for Capco’s India-based offshore operations.

Amla joins Capco from Accenture, where he held a number of senior roles. Most recently he was Managing Director of Outsourcing for Austria, Germany, and Switzerland. Before joining Accenture, Amla was a Vice-President and UK board member for CSC, where he led the financial services business in UK and Ireland.

Ismail Amla, UK CEO, said:

“This is an exciting time to join Capco. In a post crisis environment, clients are now looking to partner with a consulting firm that offers deep expertise in their industry and is able to deal with the high levels of complexity inherent in transforming financial services’ institutions.

“Capco has a focused strategy to ensure its ongoing ability to deliver to clients in the major global financial centers across our core domains: banking, capital markets, wealth and investment management, and finance, risk, and compliance.”

Peter Schurau, Head of Capco Europe, said:

“We are delighted that Ismail has joined Capco. He joins a dynamic and entrepreneurial environment and will work with experienced teams to solve the increasingly complex challenges facing the financial services industry.

“The company is seeing unprecedented levels of demand across the globe for the entire end-to-end service that Capco provides to its clients, from consultancy and advisory services through to technology and package integration.”

Capco is a private company with management ownership and the deep backing of Symphony Technology Group (STG), a private equity firm. Based within the company is the Capco Institute, which publishes the ‘Journal of Financial Transformation’, the foremost scholarly journal in applied finance. The Capco Institute is ranked among the top 50 Entrepreneurship Research and Policy Network Organizations on the Social Science Research Network (SSRN).

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For more information call Enda Joyce or Robert Akam on 020 7400 4480 or email ejoyce@hanovercomms.com or rakam@hanovercomms.com.

Notes to editors
In a report of January 2010, Datamonitor said: “Capco’s efficiencies allow them to economically carry a high degree of internal expertise with a compelling proposition: the company possesses the scale and multiple offerings of a large firm, but with the nimbleness of a boutique. Datamonitor expects opportunities over 2010 and 2011 in financial services to benefit a small number of vendors, rather than the general market: Capco appears well placed to be one of these winning firms.”

About Capco
Capco is a global business and technology consultancy dedicated solely to the financial services industry. Our professionals combine innovative thinking with our unrivalled first-hand industry knowledge to offer our clients consulting expertise, complex technology and package integration, and managed services to move their organisations forward. Through our collaborative and efficient approach, we help our clients successfully increase revenue, manage risk and regulatory change, reduce costs and enhance control. We specialise in banking; capital markets; wealth and investment management; finance, risk & compliance; and technology. We serve our clients from offices in leading financial centres across North America and Europe. To learn more, visit our website at www.capco.com.