New York, NY – Celerity is pleased to announce a new partnership with a global financial services provider engaged in retail, corporate and investment banking, as well as wealth management. We recently signed a Master Agreement with the client for non-IT services to provide professional consulting. Under the agreement, Celerity will have the opportunity to perform work that focuses on business process improvement support, the alignment of technology with business or process strategy, assistance in the finance area, as well as other consultancy offerings. This client win is a result of the long standing relationship that the New York team, Mike King, Dina Gomes and EJ Winn, have with multiple client managers at this financial services organization.
David Kelly is the acting Account Manager for this client and he has won a project within the firm’s U.S. Regulatory Reporting group. This division is primarily responsible for financial and other periodic reporting submissions to various broker-dealer and banking supervisory authorities in the U.S. The project work includes assisting the Regulatory Reporting Production Team perform Daily Financial Services Authority (FSA) calculations under SEC haircuts (15c3-1) as well as to assist in the customer reserve formula computation (SEC Rule 15c3-3) and analysis. Additionally, our consultants will assist in the computation of SEC standard haircuts, perform and enhance reconciliation processes around the calculation and work with the business to deliver ad-hoc management information reports. The engagement is expected to last for six months with the opportunity to continue to add consulting support to the project.

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