Bank & Finance
Within the focus area of Bank & Finance, we work closely with our clients to achieve results in alignment with agreed objectives. Our ambition is to reduce project risks and give our sponsors safe and personal success. Our clients are often significant financial institutions, such as banks or insurance companies.
Our principal success factor is to offer senior and highly motivated resources and teams tailored to our clients’ specific needs. Our consultants have a minimum of ten years of experience in line management, project management or expert knowledge.
We provide organisations with a set of services, and while knowing that each assignment is unique, we have grouped our offerings in the following categories:
Strategy development
We have assisted several banks and other financial institutions in researching and developing strategies for their expansion in the domestic market and internationally. Internationalisation strategy development has become one of Bearing’s core competencies. We have a team of consultants in place with expert knowledge and skills to assist firms in the financial sector with their geographical expansion, and a tried and tested methodology.
Any banks’ expansion requires careful positioning to ensure success, both within and beyond the domestic market. It is with this in mind, we believe that identifying a partner in certain jurisdictions is a potent strategic option in that it allows our clients to establish early presences in some of the world’s most vibrant economies and also to benefit from the partners’ local expertise.
Through our extensive international network of clients and other contacts, Bearing can identify such partners and successfully broker partnership agreements as an independent mediator. Such partnerships allow our clients to capitalise on their current positions of strength while positioning them to become dominant players in the financial sectors in new markets.
Project finance
Within the area of project finance, we are dedicated to creating or increasing financial value for our clients. We focus on structuring and managing a finance-related business using our expertise in strategic planning, corporate and structured finance, corporate law and business operations. We provide innovative thinking, comprehensive experience, personal dedication and an extensive contact network of business partners and investors worldwide.
Each business case begins with a series of meetings to assess the extent to which we can add value and offer a strong value proposition. Based on the knowledge we gain through the initial meetings, we prepare a proposal for how we can help. Once mutually agreed, the proposal serves as an operating plan, stipulating resources, objectives, timeline, deliverables, dependencies, limitations, and compensation.
Domain expertise services
Basing decisions on everything from day-to-day issues to the strategic direction of your organisation is something one wants to do with as good information as possible available. Domain expertise is more than what is available in textbooks or the Internet; it is knowledge based on extensive practical experience within a specific field. Bearing Consulting helps you to remove uncertainty by providing you with domain experts in several areas.
Our competencies include innovative product development, asset management front and middle office operations, performance measurements and attribution methodologies, financial risk management methodologies, front, middle and back-office business processes, compliance and regulatory expertise.
New regulations
Driven by the credit crunch and financial crises in the banking sector, several new regulations have been introduced in recent years. Some of them originate from Europe, some from the United States and in the hyper-competitive market, they are all more or less applicable globally. In Bearing, we help our clients analyse the impact of these regulations and implement them as applicable.
Project Services
Many good ideas, concepts, and ventures have failed due to poor execution. Project management and areas related to project management are a key-competence in Bearing Consulting. Our consultants have successfully delivered or helped to enable the delivery of numerous complex and time-critical projects for our customers.
Our competencies include programme and project management services, project methodology, definition and implementation services, project quality assurance services, project management training and mentorship services.