Consultancy of the year: Ernst & Young
Enterprise-wide focus is the wave of the future, consultants find
Regulatory pressure and the challenges of big data have led to increasing use of operational risk consultants, even in the face of tight budgets. Ernst & Young has been one beneficiary of this trend. Dan McKinney, the consultancy's co-leader of operational risk for the Americas, says: "Across the financial services industry there has been considerable regulatory pressure and scrutiny. Operational risk spending has definitely increased – it's a question whether overall spending is flat and that's
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