BCS Consulting, part of Accenture

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At BCS Consulting, we are focused on delivering complex business change projects in banking and the financial markets that exceed client objectives and deliver impressive results.

At BCS Consulting, we use our deep domain knowledge and experience to help clients define and deliver large scale business and technology change initiatives.

At BCS Consulting, we build on firm foundations and ensure a broad range of core management consulting skills are at the heart of our business.

Case Studies

At BCS Consulting, we work in partnership with clients to deliver solutions that work in practice.

Thinking

At BCS Consulting, we like to share our informed thoughts and opinions on the latest developments in the financial services marketplace.

    Designing and delivering a bank-wide Operational Risk Management Framework

    • Partnering up with a top tier global bank, we helped them to completely re-engineer their Operational Risk Management Framework.

    The Brief

    After an internal strategic review and external PRA evaluation, it became clear to our client that their operational risk management framework was defective in a number of areas. With ambitious plans to re-engineer their whole framework and underlying system, our client relied on us to deliver their far-reaching goals.

    The Solution

    We were asked to take up a number of key design and implementation roles within their transformation programme. As the driving force behind significant workstreams and projects, our team led the rollout of Three Lines of Defence model across the organisation which quickly became the catalyst and cornerstone for behavioural change.

    Our team were central in designing a number of aspects of the new framework, including created the client’s first ever bank-wide control library and were also pivotal in leading the implementation of a bank-wide risk assessment refresh, including taking responsibility for all follow-on training and education globally.

    The Results

    We’re pleased to report that our client met all of their regulatory commitments on time, including the release of their new framework, system and risk assessment refresh. The way in which our team delivered this challenging programme has set a new bar for best practise within the bank and our client is delighted with the commitment, expertise and delivery skill our team has demonstrated once again.

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