Final Aerice Newsflash 9 Dec2011


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Final Aerice Newsflash 9 Dec2011

  1. 1.    NEWSFLASH  Friday, 9th December 2011 Specialist Management Consultancy Aerice Augments Risk Capabilities - with Appointment of Dan Geoghegan as Global Head of Risk & Compliance Specialist London-based management consultancy Aerice announces the appointment of Dan Geoghegan as its new Global Head of Risk & Compliance. This moves further extends Aerice’s specialisation in risk and compliance-based consultancy, complementing its existing Business and IT Transformation offerings. Dan has over 13 years’ dedicated risk management experience, joining Aerice from Deutsche Bank, where he was previously working in the Risk Chief Operating Office and also as Global Head of Market Risk Operations.Aerice director Stuart Owers comments: “Efficient risk management is a critical issue forevery financial institution, and there are many factors that make implementation especiallychallenging at the current time – from the increased amount of regulation and governmentinteraction they are facing, to the increased amounts of operational risk in the marketplace.Implementing the right solution is fundamental to ensuring long-term sustainability – withthe costs of adopting a short-term fix representing simply too high a risk. Dan’s expertiseperfectly complements our long-standing track record for high profile risk and complianceprojects. We are delighted to welcome him in to the Aerice team, enabling us to fulfil thehigh demand for expert risk services.”Aerice’s holistic risk framework and change management focus covers all the key areas,across Credit Risk, Market Risk, Liquidity Risk, and Operational Risk, as well asRegulation and Government, Legal and Compliance. Global Head of Risk & Compliance,Dan Geoghegan, elaborates: “The key to successful risk management strategies lies in thecreation of a transparent, accountable and above all efficient risk framework. Aerice hasworked extensively within risk departments at leading organisations, gaining anoutstanding reputation for delivering a best practice approach. For financial institutions,the future is only going to become more complex in terms of the risk factors they have tocater for. From our point of view, we are extending our solution set to provide the mostcomprehensive set of services – incorporating Basel III & CRD3 & 4 requirements andexternal audit remediation, as well as budget allocation and prioritisation through tochange management to achieve strategic implementation and goals.“Aerice has successfully completed risk and compliance projects for a wide cross-section ofleading organisations, including Barclays Bank, Brown Brothers Harriman and DeutscheBank.About AericeBased in the UK and USA, Aerice is a specialist management consultancy, with a strongtrack record in the financial services sector for delivering complex business and IT changeprogrammes. Recent successful implementations span investment management andbanking, as well as retail banking, covering operations, client service, front to back office,and fund accounting, plus global risk management and compliance. Aerice also hasextensive expertise in the public and regulated sectors.
  2. 2. Founded by directors Stuart Owers and Dev Sharma in 2009, the company’s businessethic is underpinned by combining tangible project delivery with developing long-termrelationships, working with absolute integrity from start to finish. Key to Aerice’sconsultancy approach is the agreement of an exit strategy at the outset, establishingagreed deliverables and ensuring long-term sustainability via an enduring project legacy.The company’s services span Advisory, Business Process Transformation, CustomerManagement, IT strategy and Transformation, Outsourcing, People, PPM, RiskManagement & Compliance, Sales & Marketing, and Strategy. - ends -Press Contacts:For further information, please contact:Georgina Garrett/Simon Axford JonesGarrett Axford LtdTel: +44 (0)1903 854900Fax: +44 (0)1903