Portfolio 2017-03-28T14:54:12+00:00

Our Portfolio

2017-03-28T14:54:13+00:00

Bankruptcy/Foreclosure DOJ Compliance

Project Description MCG directly managed and led several business compliance and process transformation initiatives to ensure that our client obtained both operational performance improvements (e.g. – cost reduction and increased throughput) and maintained or obtained compliance with US Federal Bankruptcy Rules. At the time of the project, our client was challenged with a Department of [...]

2017-03-28T14:54:13+00:00

BASEL II Implementation

Project Description MCG led both PMO and project work streams for our client to ensure compliance with US Basel II Final Rules. This set of rules requires a financial institution to maintain sufficient capital for solvency and helps identify, manage, and report financial risks. More specifically, the project included the implementation of a rules compliant [...]

2017-03-28T14:54:13+00:00

Dodd-Frank IA Compliance

Project Description For a Fortune 100 Financial Services firm, Midtown Consulting Group managed the planning and project execution of a project to satisfy Dodd-Frank Title VII non-clearing house swap independent amount collateral compliance. Business Case Our client, as a Major Swap Dealer in the US market, was required by Dodd-Frank regulation to begin collecting collateral [...]

2017-03-28T14:54:13+00:00

Due From Banks

Project Description Midtown Consulting Group led an enterprise initiative to enhance the data quality for $600bn in global cash positions in order to satisfy audit scrutiny, improve regulatory and financial reporting, equitably allocate regulatory and economic capital, and accurately monitor counterparty risk through exposure and limits management. Business Case Large banking institutions maintain billions of [...]

2017-03-28T14:54:13+00:00

Loan Servicing Process Design

Project Description Midtown Consulting Group led several business process transformation initiatives to ensure that our client obtained both operational performance improvements (e.g. – cost reduction and increased throughput) and maintained or obtained compliance with US Treasury Supplemental Directives requiring them to meet pre-foreclosure certification standards. Business Case Large banking institutions are mandated under the US [...]

2017-03-28T14:54:13+00:00

Model Validation & Governance

Project Description For a Fortune 100 Financial Services firm, Midtown Consulting Group provided project management services in support of new statistical model development of a Value-at-Risk (VaR) model used to calculate margin collateral on derivative trades. Business Case Our client was developing a Parametric Value-at-Risk (VaR) model to support daily re-calculations of initial margin requirements [...]

2016-03-30T19:53:13+00:00

Operational Risk Metric Assessment

Project Description For one of the largest banks in the world, Midtown Consulting Group led an effort to assess, validate and document Operational Risk Key Risk Indicator (KRI). Business Case The project required Midtown to assess the current IT architecture, obtain requirements from the end-users, develop life-cycle documentation and deliver a “Best in Class” solution [...]

2017-03-28T14:54:13+00:00

Oracle Planning and Implementation

Project Description For a Fortune 100 Financial Services firm, Midtown Consulting Group delivered a new Planning & Budgeting process. The new environment used Oracle’s Hyperion product to improve practices and dramatically improve planning effectiveness. Business Case The Midtown Consulting Group team leveraged internal control, data analysis and banking industry expertise to achieve the project’s objectives. [...]

2017-03-28T14:54:13+00:00

Records Information Management

Project Description Midtown Consulting Group led an enterprise initiative to enhance the data quality for $600bn in global cash positions in order to satisfy audit scrutiny, improve regulatory and financial reporting, equitably allocate regulatory and economic capital, and accurately monitor counterparty risk through exposure and limits management. Business Case To facilitate the bank’s launch of [...]