SRM Expands Practice into Europe
SRM (Strategic Resource Management), an independent advisory firm for financial institutions, is expanding its consulting services to Europe. For 25 years, SRM has provided North American banks and credit unions with the expertise, benchmarks and specialty skill sets required to lower costs, enhance revenues and establish a competitive advantage in the marketplace.
The dynamic nature of banking in Europe and the United Kingdom – including the EU’s PSD2 directive, UK’s Open Banking Initiative, rise of challenger banks and explosion of specialised FinTech solutions – has created a need for SRM’s expertise. The firm is already engaging with organisations in these territories, providing the objective, strategic and quantifiable counsel needed to develop the strategies, build the roadmaps, select the partners and negotiate the contracts that drive their technology and infrastructure decision-making process.
SRM Europe has seen these needs materialise in traditional consulting services and around areas such as business process reengineering, operational efficiency, optimisation of organisational structures, vendor selection and contract negotiation. Additionally, SRM Europe has seen an interest in its expertise specific to the business implications from new technologies such as artificial intelligence, machine learning and Robotic Process Automation (RPA) as financial institutions explore the roles of these technologies in making them more efficient and cost effective.
Neil Whittaker, MBA, has taken on the role as managing director for SRM Europe. Born in Wolverhampton in the West Midlands, Whittaker joined The Life Guards, the most senior and prestigious regiment in the British Army, at age 16. After 11 years in the military, he spent the next decade in banking, working for some of the biggest institutions in the world and in positions such as Director of Barclays Bank. He also attended some of the best universities including Cranfield and Yale. Whittaker has since spent the past 13 years consulting for major global institutions.
He commented, “Many financial services organisations here have seen their cost of compliance, simply the cost of being in business, increase significantly in the past 10 years. Meaning, their spend on discretionary items like a digital agenda or becoming more customer-centric has dwindled. We can help these entities release savings from within the organisation, resulting in investment opportunities that better their business.”
David Varney, most recently with MasterCard, and Richard Bissett, both former Barclays senior players, have also joined SRM Europe as consulting directors. Combined with Whittaker, the team has more than 70 years of collective banking and financial services and technology expertise. SRM’s European headquarters are located at 8 – 10 Hill Street, Mayfair, London.
Brad Downs, CEO of SRM, commented, “SRM has evolved its U.S. model over time to address specific market and market segment needs, and we will do the same in Europe. While our European services will not replicate our approach in North America, we do believe that many of the strengths of each will complement the other. The key to the success of both is a tenacious commitment to only entering into relationships where the benefit to both parties is clear.”
SRM (Strategic Resource Management) has been trusted by more than 700 financial institutions to identify strategies that strengthen their competitive advantage, lower costs and enhance revenues. SRM maintains a reputation of vast industry and subject matter expertise, use of data-driven benchmark data and a proven proficiency in negotiating with vendors. Visit www.srmcorp.com and www.srmeurope.com for more information and follow the company @SRMCorp.
For Strategic Resource Management
Megan Fort, +1-678-781-7223
About Business Wire
(c) 2018 Business Wire, Inc., All rights reserved.
Business Wire, a Berkshire Hathaway company, is the global leader in multiplatform press release distribution.
Subscribe to releases from Business Wire
Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from Business Wire
Velodyne Lidar Acquires Mapper.ai for ADAS Launch23.7.2019 15:00:00 CEST | Press release
Velodyne Lidar, Inc. today announced it has acquired mapping and localization software as well as intellectual property assets from Mapper.ai. Mapper technology will enable Velodyne to accelerate development of Vella™, breakthrough software that establishes its directional view Velarray™ lidar sensor. The Velarray is the first solid-state Velodyne lidar sensor that is embeddable and fits behind a windshield, as an integral component for superior, more effective advanced driver assistance systems (ADAS). This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20190723005257/en/ In addition to ADAS, Velodyne will incorporate Mapper technology into lidar-centric solutions for other emerging applications, including autonomous vehicles, last-mile delivery services, security, smart cities, smart agriculture, robotics, and unmanned aerial vehicles. (Photo: Business Wire) Mapper’s entire leadership and engineering teams will join Velodyne, bol
Gilead Presents New Findings on Profile of Descovy® for Potential Use as HIV Pre-exposure Prophylaxis Compared With Truvada®23.7.2019 15:00:00 CEST | Press release
Gilead Sciences, Inc. (NASDAQ: GILD) today presented additional results from the DISCOVER trial evaluating an investigational use of Descovy (emtricitabine 200 mg and tenofovir alafenamide 25 mg tablets; F/TAF) for HIV pre-exposure prophylaxis (PrEP). In a sub-analysis of the DISCOVER trial, Descovy reached intracellular drug concentration levels above the estimated protective threshold significantly more quickly than Truvada (emtricitabine 200 mg and tenofovir disoproxil fumarate 300 mg tablets; F/TDF), and additional pharmacokinetic data confirm that these drug concentration levels persist longer than Truvada. The results were presented at the 10th International AIDS Society Conference on HIV Science (IAS 2019) being held in Mexico City. “Gilead is committed to driving advances in HIV prevention and supporting broader public health initiatives that are designed to reduce HIV infections,” said Diana Brainard, MD, Senior Vice President, HIV and Emerging Viruses, Gilead Sciences. “These
Wealthy Americans are increasingly willing to invest, new UBS survey finds23.7.2019 14:12:00 CEST | Press release
US high net worth individuals and business owners are expressing growing intentions to invest as US markets continue to hit record highs in 2019, according to UBS Global Wealth Management's new quarterly Investor Sentiment survey. The survey, which polled more than 3,800 wealthy investors and entrepreneurs in 17 countries, also shows US investors remain positive on the U.S. stock market but continue to rank politics and the national debt as top concerns. Fifty percent of US investors see a diversified portfolio as a hedge against US-China trade tensions specifically, in line with UBS GWM's own views, compared with 41% who favor cash. Filippo Ilardi, US Client Strategy Officer at UBS Global Wealth Management, says: "We are pleased to see a substantial increase in investors willing to put more money in the market. Wealthy Americans are concerned about the political environment and US-China trade tensions but we are encouraged that they see diversification as an important way of managing
Andersen Global Expands into Ghana23.7.2019 13:30:00 CEST | Press release
Ghana law firm, Sam Okudzeto & Associates, signed a collaboration agreement with Andersen Global, marking Andersen Global’s presence in 13 African countries and over 51 countries worldwide. Located in the capital of Accra, Sam Okudzeto & Associates is one of the largest law firms in Ghana. For the past 48 years, the firm has provided legal advice and guidance in the corporate and commercial areas, including patents and trademarks, mergers and acquisition, tax advisory, corporate banking, international trade and investment, debt recovery, mining and mineral law, industrial and labor, aviation, maritime law, petroleum oil and gas, and intellectual property. Sam Okudzeto & Associates founder and Managing Partner, Sam Okudzeto and Nene Amegatcher, have led the team since the establishment of the firm until Nene Amegatcher was elevated to the Supreme Court. The firm now has four partners and 18 lawyers who have gained international reputation for their keen knowledge and experience with Alt
Seoul Semiconductor Switches to Rimini Street for SAP Support23.7.2019 13:00:00 CEST | Press release
Rimini Street, Inc. (Nasdaq: RMNI), a global provider of enterprise software products and services, the leading third-party support provider for Oracle and SAP software products and a Salesforce partner, today announced that Seoul Semiconductor, a global LED development and manufacturing company headquartered in South Korea, has switched from SAP to Rimini Street for support of its SAP ECC 6.0 system. As a result, Seoul Semiconductor has been able to reduce its annual maintenance fee by 50%, enjoy better support and can continue operating its stable, robust ERP ECC 6.0 system for a minimum of 15 additional years from the date the company switched to Rimini Street to retain full support without any forced upgrades or product migrations. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20190723005031/en/ Seoul Semiconductor, a global LED development and manufacturing company headquartered in South Korea, has switched from SAP to R
Experiments Demonstrate Seoul Semiconductor SunLike Series Natural Spectrum LEDs Enhance Crop Yields, Antioxidant Content23.7.2019 13:00:00 CEST | Press release
Seoul Semiconductor Co., Ltd. (KOSDAQ 046890), a leading global innovator of LED technology, announced the results of a series of experiments that demonstrated a higher growth rate and higher flavonol (antioxidant) content in crops grown under SunLike Series natural spectrum LEDs than those grown under standard white LEDs. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20190723005037/en/ SunLike Series LEDs Experiment Results on Crop Yields and Antioxidant Content (Graphic: Business Wire) The experiments were conducted on lettuce using SunLike Series LED lighting and standard white LED lighting of the same color temperature and light intensity. After two weeks of crop growth, the fresh weight and flavonol content of the lettuce were measured and compared. The fresh weight of lettuce grown under SunLike Series LEDs came in at 43.0g, 13.5% higher than the yield produced by standard white LEDs. In addition, the flavonol content h