Promontory Financial Group, an IBM Company, excels at helping clients resolve critical issues, particularly those with a regulatory dimension. Promontory professionals have unparalleled regulatory experience and insight, and provide their clients with frank, proactive advice informed by best practices and regulatory expectations.
Promontory is a leading strategy, risk management, and regulatory-compliance consulting firm focusing on the financial services industry. Their professionals, with deep expertise gained through decades of leadership at regulatory bodies and Fortune 100 corporations, help entities understand and implement global and national financial services regulation.
Founded in 2001 by Chief Executive Officer Eugene A. Ludwig, former U.S. comptroller of the currency, Promontory became a wholly owned subsidiary of IBM in 2016. Their unique domain expertise, combined with IBM’s world-class technology, allows them to resolve challenging national and cross-border issues in banking, securities, commodities, financial instruments, markets, and insurance.
Promontory Financial Group, an IBM Company, helps companies and governments around the world manage complex risks and meet their greatest regulatory challenges.
They are global experts in risk, regulatory compliance, and analytics. Their work makes their clients stronger and the financial system safer.
The financial services industry is highly regulated and becoming even more so in the wake of recent financial crises. Many sectors that had been lightly regulated are now facing new regulatory obligations and, in some cases, new or additional supervisory authorities. In addition, the economic and political environment for financial institutions is as challenging as they’ve seen in decades.
At Promontory, they draw on both subject matter and industry experts to help their clients resolve critical issues in a highly regulated environment. They combine understanding of technical subjects and lessons learned from clients across financial sectors with deep industry sector knowledge to deliver practical solutions that meet the needs of their clients. Their teams include professionals with the highest-level regulatory experience and professionals with senior operating experience to help their clients address industry challenges and evolving regulatory expectations. They have offices in major financial centers around the world, and their professionals are experts in the laws, practices, and customs of the countries in which they operate. But perhaps more important than their global presence is their global perspective. The work they do in each of these markets informs the best practices that they develop and that their clients can apply wherever they do business.
Their deep industry experience includes:
- Asset Management
- Depository Institutions
- Finance Companies
- Government, Agencies and Associations
- Market Infrastructure
- Retail Payment Providers
- Securities and Derivatives
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