It was today announced that Kennedy, a consulting firm assessment company, has reportedly named Deloitte as the leader in crisis advisory in financial services in the 'Event-Driven Consulting in Financial Services: Crisis Advisory in the New Regulatory Framework 2015' report.
"Crisis management has evolved rapidly over the past two decades, mostly in reaction to event in financial services," the report noted. "Consulting firms have had to develop in-house capabilities and tools to help address client crises that can easily engulf their entire organisation, regardless of where they start."
The research addressed worst-case scenarios for the senior leaders of banks, insurance companies, investment banks and asset managers, to determine how consulting firms are able to help financial services clients when something has gone wrong. Financial services are determined by the Kennedy report as "services concerned with the allocation, management and investment of resources with particular emphasis on time (term), liquidity and risk."
Deloitteis a network of tens of thousands of audit, consulting, financial advisory, risk management and tax services professionals, with a Luxembourg branch of more than 90 partners and over 1,700 employees.
"Deloitte helps clients deal with the unexpected," said Laurent Berliner, EMEA Enterprise Risk Services Leader. "Deloitte helps them prepare for, be able to respond to and ultimately emerge much stronger in the face of adversity. It is this concept that we call the unforeseen advantage and it's the reason Deloitte built the Centre for Crisis Management."
Photo by Deloitte
