Key Performance Indicators (KPIs) are measurable data points used to track performance against a specific set of goals. KPIs should be aligned with core business objectives and, if used correctly, can act as a valuable tool when demonstrating how effectively these objectives are being met. Developing KPIs can certainly be a challenging task but a firm understanding of the common pitfalls involved in their development can make this task easier.
Read MoreAccounting & Digital Forensics
Monticello Consulting has worked with numerous banking and finance firms on forensic accounting projects. On these engagements, our consultants leverage Monticello’s proven methodology and structured approach to financial reconciliation to assist our clients in quickly resolving issues in their accounting and subledger systems. Take a look at our process here.
Read MoreGPS Give-Up Payables Reconciliation
A top-tier investment banking client recently engaged Monticello Consulting to develop an automated tool to reconcile its back office processing system for derivatives, futures, and options with the Give-Up Payments System (GPS) run by the CME Group. See how we helped them save time and cost while reducing risk through a new tactical technology solution.
Read MoreBrokerage Payables Remediation Engagement
A top investment banking client recently called on Monticello to help with a process fit for automation. The engagement called for building a suite of tactical tools to address a particularly thorny reconciliation dilemma. See how we helped them resolve the issue and dramatically reduce the need to manually fix breaks in their payments systems.
Read MoreManaging the Next Wave of Relocation Strategies-The Path to Long-Term Growth & Survival
In the last few years investment firms and banks have been facing anemic revenues and more stringent regulations cutting into trading revenues. In response to this economic climate, leveraging business transformation programmes such as Process Efficiencies and Relocation Strategies (near-shoring and off-shoring) has become a key component in the long-term growth and survival of organizations. MCG shares how we helped a client understand the costs and benefits of these strategies and how to effectively implement them.
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