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Consulting Services
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Providing Temporary Operations Support and Management
Consultants to the Financial Services Community.
Founded in 1995,  Consulting Services (XCS) provides
temporary professional support and management consultants to the
Financial Services Community. Our seasoned Professionals have
extensive experience acquired at major financial institutions
worldwide.
has assisted numerous clients
worldwide to reengineer business processes throughout the front- and
back-office. Over the years has consistently demonstrated expertise in a broad range of
functional areas; e.g., strategic planning, operations, finance, and
systems.
has effectively synthesized years of industry and
consulting experience into several methodologies that apply a proven
approach to solving our clients' business problems. These methodologies
include:
- Business Process Redesign
- Activity-Based Costing
- Systems Development
- Planning and Management
By drawing on our business expertise is able
to offer high-quality consulting services at reasonable billing rates. We
achieve this by employing relatively few but very effective consultants.
Our size allows us to keep unnecessary overhead to a minimum, which is
reflected in our competitive rates. The majority of our consultants have
worked together for several years on numerous types of engagements. Over
the years, efficiencies of scale and a complementary mix of skills has
created a synergy that works to the advantage of our clients.
XCS
stands apart from many large consulting firms in the way we staff our
engagements. Many consulting firms use senior level consultants to entice
clients in obtaining engagements, but then staff engagements with junior
level consultants or with consultants who happen to be available at the
time of the engagement. At XCS, we believe that the quality of our service
ultimately comes down to the expertise of the consultants who provide the
service. As such, we are prepared to commit senior level resources and
will only submit the resumes of available personnel.
By using a
combination of our methodologies and automated products, we provide an
innovative, firm foundation for addressing the complex process of business
process redesign. In addition, these tools allow XCS to complete analysis
and develop solutions much more efficiently than traditional methods and,
therefore, at substantially lower cost to the client.
In the last 12 - 24 months, we
have serviced the following types of engagements:
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Process redesign of
domestic and global custody / trust administration and back-office
operations both in the United States and abroad.
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Integrating back-office
operations following either a merger or an acquisition.
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Documenting procedures
and policies for domestic and global custody operations.
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Developing business
requirements for system enhancements.
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Project management of
large-scale trust / custody system conversions.
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Creating functional
specifications for newly developed trust / custody systems.
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Activity-based costing
analysis for determining operations costs and increasing profitability.
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Stock loan processing
and reconciliation.
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Mutual fund balancing.
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Sales support and
product development.
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Derivative clearance
and processing.
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Successful
market penetration depends on the ability to balance a
technological edge with a complex set of business
dynamics. Any securities product that ignores this
balance will either fail or lag behind the competition.
The challenges that face financial institutions are well
known to XCS. We understand the financial services
business and its global nature. Our ability to provide
value-added service to clients in securities-related
businesses primarily depends on a staff of consultants
that have experience in every area of securities
processing and settlement. Our consulting expertise
includes strategic planning, operational improvement,
system development and system implementation.
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OUR EXPERIENCE ENCOMPASSES A FULL SCOPE OF
SECURITIES-RELATED FINANCIAL SERVICES.
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INTEGRATED
FINANCIAL SERVICES |
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SELECTED EXPERIENCE |
-
Systems
Integration Strategies
- System Development
- System
Implementation
- Software Selection
- Vendor
Selection
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- Operations
Reengineering Strategies
- Cost Containment
- Project Management
- Tactical Planning
- Feasibility
Analyses
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XCS Business Analysts assist financial
institutions in developing user requirements, test plans and procedures.
Our business knowledge has proved invaluable to our clients in these
areas.
XCS specialists have extensive experience
in assisting clients in all areas of Securities Operations. Our
Professionals have experience in all the major Trust and Brokerage systems
XCS has provided support personnel in operational areas such as; settlements,
P&S and FX operations to supplement the daily processing. would
like the opportunity to speak with you about your needs for these specific
projects and any other needs that may arise in your departments. The
consultants that employs average 15 years of bank and brokerage
experience and many have worked on large scale projects as analysts and
support personnel. Do not get caught short of the necessary resources to accomplish your business objectives. Allow
to meet your temporary staffing needs. Please call us at
(212) 785-1288 ext. 328 or E-mail us at
ATH@Xcitek.com
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Difference