Recent regulatory action in financial crime and investor pressure is driving many global financial services institutions to withdraw from high-risk and underperforming businesses. Realising the full P&L benefit from exiting these businesses is difficult to achieve, in particular, if a legal hold exists on the data held within the business. The cost of maintaining legacy IT systems to preserve the underlying data creates a significant and unnecessary drag on profit.
Our experts have years of experience working with companies to design and implement compliance programmes to adhere to legal and regulatory requirements around the world. We help companies to develop defensible documentation and have the credentials and experience to testify in court about the methods used.