Activity :

• Performed an assessment of the international investment bank’s client valuation governance and control infrastructure. The issue facing the investment bank was that the number and complexity of valuations provided to clients had significantly increased, without corresponding changes to the governance and control infrastructure. The concern was that valuations provided by the investment bank to its clients represented potential reputational risk and therefore improved control structure was desired.

Results :

• The project resulted in creating an implementation plan to enhance the client valuation governance and control infrastructure/process. The plan included a design of the “interim” control state and “target” control state and included a series of enhancements to the process.