Business & Entity Transformation (BET)

How can we assist you in optimizing and addressing legal entity regulatory expectations given your desired business model strategy, including deposit and funding optimization efforts?

Legal entity and booking model

Help organizations understand and define booking and legal entity strategy, optimizing how they book and use legal entities and implementing an industry-leading controls and governance structure to drive legal entity rationalization.

Legal entity governance

Assist organizations in meeting implicit and explicit regulatory expectations for board and management legal entity governance practices as well as ensuring the effectiveness of efforts (e.g., reporting).

Legal entity capability management

Prepare financial institutions for crossing asset thresholds, triggering new regulatory expectations (e.g., $10B, $50B, $100B, $250B) across a range of regulations (e.g., Reg YY, CRA, Durbin Amendment, Basel III, CCAR) and related capability and management uplift.

Our services can assist you through all phases of the M&A transaction life cycle, including diligence, pre-merge or separation considerations, and post-close activities, to help you understand, plan, implement, and address evolving regulatory, risk, and compliance expectations.

Transaction strategy, readiness, and diligence

Prior to deal announcement, we can help you prepare for your transaction by understanding capabilities, risks, cost/synergy opportunities, and other due diligence required to assist operational and regulatory readiness and overall feasibility.

Closing and integration/separation strategy

After deal announcement, we can assist you in creating an end-to-end integration or divestiture strategy and standing up an Integration Management Office (IMO) to centrally manage through each phase.

Post-close and full entity integration

After deal announcement, we will assist you in defining LD1 and full-integration operating models, with detailed plans to achieve each.

Our experienced team can provide end-to-end services to assist your business strategy objectives of expanding through a new product or obtaining a range of new legal entity licenses, including trust, bank, branch, payment, and finance company licenses.

New product licensing and setup

We can assist each phase of your journey, from business plan development, to regulatory and risk advice, to system implementation.

Our Regulatory and Industry team offers viability, design, execution, and operate services across key domain areas to assist your product launch or license application.

We have assisted clients in transforming their business model and strategy through IPOs, cost reduction, digital banking capabilities, and more while maintaining regulatory compliance.

Risk and regulatory IPO readiness

Prepare your company to meet the requirements of a public company, including developing or enhancing internal regulatory compliance frameworks and establishing foundational programs for “Day 1” readiness.

Risk cost transformation

Evaluate costs of your risk function by performing viability assessments, cost/benefit analyses, and process and control rationalizations.

Digital banking

Assist digital banking efforts with financial institutions and fintechs in launching digital banking products, and banking-as-a-service business models such as developing compliance and anti-money laundering programs, cyber and identity services, and implementation and transformation.