Data-Driven Business Consulting Services

Overview

Complex regulatory rules, expensive legacy assets, looming cybersecurity threats, and digital innovation—including the rise of fintech—are pressuring many banks and other financial institutions to rethink their operating models. Many financial services firms—including retail and investment banks, asset managers, and insurance companies—are staying relevant by harnessing these disruptive forces rather than competing against them. We work with incumbents to navigate through the complexity and scope of this enormous challenge, select the opportunities with the best risk-adjusted return on investment, and drive the digital transformation they need to protect and enhance profitability. And we help newcomers reach rapid and sustainable growth.
Diagram of EDDM Consulting’s client engagement approach

Consulting Built on Structured Information

Most consulting recommendations fail on execution rather than analysis — usually because the underlying information is inconsistent, scattered or incomplete. We deal with that first, then work on the decisions it supports.

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Professional in a corporate office atrium

What Business Consulting Covers

We help businesses transform when it really matters. In particular with organizations in the financial services industry, we guide the business through disruption, and develop innovative solutions designed to increase value, protect jobs, and improve operations.

Operationalize and execute solutions to enhance finance and operations business performance and drive sustainable growth

Businesses must strive to streamline processes and leverage technology to achieve effective change management. This includes process improvements for financial processes, integrating risk considerations into performance management activities, addressing new accounting requirements, and cost reductions. Implementing these processes result in improvements to cash flow, control and optimization of costs, and risk management.

EDDM Consulting Business Performance Improvement professionals combine proven services and capabilities to enable lasting business transformation with sustained results. From process tweaks to major organizational structure optimization, back office to external financial reporting, cost reduction to working capital issues, we apply innovation, collaboration, and technology acumen across your company. of every size, in every industry and in every state are charged with managing and complying

Our business consulting work sits alongside the document and data services rather than apart from them. It is for organizations that have their information under control and now want to use it — or that need the operating model fixed before any system will help.

  • Operating model review. How work actually moves through the organization, where it stalls, and which handoffs create the delay.
  • Data readiness. Whether the information you hold is complete and consistent enough to support reporting, forecasting or automation.
  • System selection and alignment. Matching tools to the process you have rather than reshaping the business around software.
  • Reporting and management information. Making sure the numbers leadership sees are drawn from a single, trustworthy source.
  • Change and adoption. Documentation, training and follow-through, so improvements survive after the engagement ends.

Where an engagement needs structured information first, it usually begins with records management and information governance, then moves to workflow automation once there is something solid to automate.