Navigant Insights RSS Feed

Bruce W. Perlstein

Mon, 13 May 2013 12:24:18 -0500

Dr. Perlstein is a Director in the Energy practice. With over 25 years' experience, he consults on energy and financial risk-related strategy, management, policy, and valuation related issues.

Teresa McMahon

Fri, 10 May 2013 17:13:11 -0500

Ms. McMahon is a Managing Director with the Legal Technology Solutions practice segment. With over 20 years' experience, she assists clients in leveraging technology in the litigation and investigation process and in solving business problems.

Brian Higgins

Fri, 10 May 2013 17:13:09 -0500

Mr. Higgins is an Associate Director in the Disputes & Investigations practice, and has engaged in a number of client projects ranging from complex commercial disputes to forensic investigations of multinational, SEC-registrants.

John Rao

Fri, 10 May 2013 17:13:07 -0500

Mr. Rao is a Managing Director and leads the US Financial Services practice. His track record of leadership incorporates a strong balance between technical proficiency, financial management, business objectives, and strategic vision.

Al Park

Fri, 10 May 2013 17:13:05 -0500

A director in the Legal Technology Solutions practice, Mr. Park is skilled in applying business intelligence, data management and data analytics best practices to help global commercial enterprises in distressed situations.

Ryan Bilbrey

Fri, 03 May 2013 09:19:42 -0500

Mr. Bilbrey is a Managing Director in the Legal Technology Solutions practice. He has 18 years experience in litigation and investigation projects, directing the identification, collection, analysis, processing, and hosted review of electronically stored information (ESI).

Katelyn Bickham

Thu, 02 May 2013 14:10:36 -0500

Ms. Bickham is an Associate Director in the Legal Technology Solutions practice. Her experience includes complex data management and analysis, litigation coordination and support, damages modeling, and forensic investigations.

Beji Varghese

Thu, 02 May 2013 14:10:34 -0500

Mr. Varghese is a Managing Director in the Valuation and Financial Risk Management practice. He has extensive residential mortgage servicing expertise, and also specializes in the area of governance, risk and compliance.

Laura O. Robinson

Wed, 10 Apr 2013 12:43:01 -0500

Dr. Robinson of Navigant Economics specializes in the application of financial, economic, valuation and statistical analyses to complex commercial litigation and corporate strategic decision-making.

Robert T. Wentland

Tue, 19 Mar 2013 17:36:53 -0500

Mr. Wentland is a Managing Director in the Disputes & Investigations practice. He is an expert accounting testifier for complex and high profile commercial litigation, US Govt. accounting investigations and international tax controversies.

Rochelle Edens

Mon, 04 Mar 2013 15:08:34 -0600

Rochelle Edens is a Director in the Financial Services practice area and specializes in the area of Operations Strategy & Transformation. Ms. Edens holds the designation of Lean Six Sigma Sensei and is a certified Project Management Professional (PMP).

Michael J. Corcoran

Tue, 12 Feb 2013 09:09:00 -0600

John Siddon

Thu, 07 Feb 2013 14:24:08 -0600

Mr. Siddon is a Director in the Disputes and Investigations practice. He is a certified anti-money laundering specialist (CAMS), and has worked on several large, data intensive, investigative engagements.

David W. Giesen

Thu, 07 Feb 2013 14:16:50 -0600

David Giesen is a Director with Navigant Capital Advisors in the Valuation & Financial Risk Management practice, and has more than 20 years experience working with financial service firms in a variety of capital markets, merger and acquisition and strategic advisory assignments.

Thu, 07 Feb 2013 14:12:55 -0600

Mr. Fleming is a Managing Director in the UK Financial Services practice. Mr. Fleming's career spans over 30 years in the financial services sector, with 10 of those years spent at Board level.

Jesse Horning

Thu, 17 Jan 2013 09:13:35 -0600

Patrick DellaValle

Mon, 14 Jan 2013 13:35:37 -0600

Patrick DellaValle is a Associate Director in Navigant’s Valuation & Financial Risk Management Group. He has over nine years of experience in Financial Services with a focus on the residential mortgage sector.

Trevor Hatton

Mon, 14 Jan 2013 13:35:35 -0600

Laura Nielsen

Mon, 14 Jan 2013 13:35:29 -0600

Ms. Nielsen is an Associate Director in the Disputes and Investigations practice. She has over eleven years of experience performing complex data management and analysis, including database design, data conversion and data analysis services.

Paul A. Noring

Mon, 14 Jan 2013 12:35:13 -0600

Thomas J. Houlihan

Tue, 04 Dec 2012 09:23:25 -0600

Mr. Houlihan is a Director in the corporate finance practive. He provides client support for engagements involving mergers and acquisitions, debt and equity transactions, valuations, and strategic financial advisory assignments.

James Rough

Tue, 16 Oct 2012 17:38:36 -0500

Mr. Rough is an Associate Director in the Disputes and Investigations practice. His areas of specialization include forensic investigations, financial restatements, white collar defense, and compliance consulting.

Market Innovation: How O₂ Crafted a Mobile Wallet

Fri, 14 Sep 2012 00:00:00 -0500

In the established world of UK financial services, creating the O₂ Wallet by Telefónica — a telecommunications company — was a bold, innovative and complex undertaking. Realising the concept of “putting your wallet on your mobile phone” involved the integration of multiple parties and vendors, technologies and operating models — and all at different stages of maturity. Faced with this challenge, Telefónica approached Navigant in order to leverage expertise in financial services and the telecommunications markets. Navigant helped to structure the complex change programme, reviewing contracts, assessing application security, and aligning the interests and deliverables of all contributing parties. The result was a focus on key activities in the build up to launch, and on 26th April 2012 the Telefónica team launched the O₂ Wallet into the UK market.

Navigant's Unclaimed Property Compliance Solution

Tue, 04 Sep 2012 00:00:00 -0500

Navigant's Financial Services' Unclaimed Property Compliance Solution helps Insurers comply with the evolving Unclaimed Property regulation. Our end-to-end solution includes strategy and governance advisory, matching of administrative records to public deceased records, complex data analytics, regulatory response guidance, settlement and exposure (reserves) projections, and both operational and IT readiness. The cornerstone of our solution is a rules-based matching engine that can be tailored for the most recent regulatory requirements to support Insurers in adhering to the dynamic regulatory landscape.

NYREG200: Includes Regulation 200 fuzzy logic reporting requirements.
Policy-finder or Similar State Self-Identifying Lists: Ability to match to state files; reducing the level of manual research required.
State Regulatory Settlements: Navigant's matching engine mimics the John Hancock and Prudential settlement agreements including fuzzy matching logic. It is a proven and tested solution and has been supporting the execution of a Global Resolution Agreement with exceptionally high accuracy rates.
DMF Matching: Over 40 million Life, Annuity and Group policies / contracts matched using exact and fuzzy matching logic.
Readiness Reviews: Assess operational readiness for supporting Global Resolution and Regulatory Settlements as well as newly evolving regulations.

Read more on Navigant’s thoughts on the Unclaimed Property Compliance Solution by clicking here.

Jonathan Berry III

Thu, 19 Jul 2012 11:45:22 -0500

Mr. Berry is a Director in the Financial Services practice. He provides program management and analytical services in the areas of systems implementation, data conversion, process review and re-engineering, customer remediation and control review projects.

Mike Parrinello

Fri, 06 Jul 2012 12:04:17 -0500

Mr. Parrinello is a Director with the Financial Services practice. He has extensive experience working with accounting systems of large financial institutions and managing various aspects of the system development lifecycle.

Hugo Watson Brown

Thu, 21 Jun 2012 15:11:05 -0500

RDR Health Check Overview

Thu, 24 May 2012 00:00:00 -0500

Most firms have made significant progress with their RDR preparations and have spent time developing the propositions which they will take to market later this year/next year. In a period of economic difficulty it is critical to get the proposition right at both macro and micro levels: the proposition must work for the firm, investors and advisers; how will your firm's compare to the competitors? The practical and commercial implications of the rules now need to be worked through in detail - and there are some complexities to consider. In addition, the FSA have stated that they are 'focused on constantly reviewing how you are implementing RDR'.

Navigant has developed a 3-pronged diagnostic review of RDR Programmes to assess whether they are set up to achieve timely compliance and proposition objectives. These reviews can cover any or all of the following elements, as required: compliance, proposition and delivery.

RDR Health Checks are tailored for each type of retail financial services firm. We have worked closely with many providers and distributors and as experienced industry practitioners understand the risks, challenges and opportunities RDR brings to complex businesses in a highly competitive market.

We are seen as industry experts by our clients for platform and post-RDR strategies; we seek long term partnerships with our clients and we are passionate about helping them succeed. The attached slides show how we would undertake a review on your behalf. You may also view them here.

An Olympic Tug of War

Fri, 18 May 2012 00:00:00 -0500

Tug of War was an early Olympic sport requiring strength, grit, tactics and knowledge of the grounds on which the competition would take place. As 2012 progresses and product providers, advisers and platforms vie for revenues post-RDR, we discuss the need for the qualities required in a tug of war, looking at the tensions that will play out as market participants develop and negotiate pricing and revenue streams for 2013 and beyond.

In summary, we foresee power plays that shift the market in a number of directions over time, each of which need to be played out in strategy planning for both the short and longer term. We believe that price positioning which is merely reactive to current market forces may not deliver the best outcomes either for providers, platforms or investors and the results will emerge in a shorter time scale than many have predicted. Continuing economic difficulties and depressed investment pricing mean that holistic and longer term planning that considers all of these forces and their impact on overall profitability is essential for the survival of all involved in servicing the retail market post-RDR.

Fred Chan

Wed, 09 May 2012 08:58:38 -0500

Frederick L. H. Chan is a Director with Navigant’s Asian practice located in Hong Kong. Fred has broad and in-depth experience in planning and leading complex financial investigations and use of forensic technology.

John Ciancanelli

Wed, 09 May 2012 08:58:31 -0500

John D. Ciancanelli is a Director with Navigant Capital Advisors. Mr. Ciancanelli is the Director of Tax Valuation Services and has provided valuation and financial advisory assistance for 15 years.

Alma Angotti

Mon, 07 May 2012 16:24:35 -0500

Alma Angotti is a Director in the Global Investigations & Compliance practice with 25 years regulatory experience. She is a widely recognized anti-money laundering expert.

Steven C. Huffines

Fri, 20 Apr 2012 16:59:21 -0500

Steven is a Director with Navigant Capital Advisors’ Valuation & Financial Risk Management practice. His industry expertise includes financial market participants, private equity firms, hedge funds, investment advisors, and broker-dealers.

Fri, 20 Apr 2012 14:32:04 -0500

Jan Parker

Fri, 23 Mar 2012 15:55:08 -0500

Ms. Parker is an Associate Director and the Team Leader of the Risk and Regulation Team. She has deep mutual fund expertise and specialises in operational design, improvement and outsourcing across investment management and platforms.

Middle Office Outsourcing – Know the Benefits | Know the Risks: Webinar Recording

Mon, 12 Mar 2012 00:00:00 -0500

Navigant and Gibson, Dunn & Crutcher, LLP co-hosted a webinar on middle office outsourcing among asset managers. During this web-based event, we reviewed the adoption of middle office outsourcing by asset managers in the U.S., discussed the benefits of outsourcing, highlighted key legal considerations, and touched-on several potential pitfalls and how to avoid them.

Guest panelist, Nigel Hill, Managing Director Global Operations at Credit Suisse Asset Management, shared his perspectives gained from having executed a wide range of middle office outsourcing programs and provided attendees with lessons to consider when implementing similar programs.

Hosts Neil Mayall, Managing Director, Financial Services, Navigant, and Stephen Nordahl, Partner, Gibson, Dunn & Crutcher, LLP invite you to view a complimentary recording of our Middle Office Outsourcing webinar. You may access the recording here, or you may download the slides from this web page.

Client Money Changes for SIPP Trustees

Thu, 01 Dec 2011 00:00:00 -0600

Before the twelfth day of Christmas the FSA slipped an additional present under the tree!

With plenty of other distractions during the current economic crisis, it may have slipped under some firms’ radars, but the recent changes to the FSA rulebook could mean some significant changes for trustees of Self-Invested Personal Pensions. Under the old version of the Client Assets Sourcebook rules, trustees were able to benefit from a carve-out from some of the client money regulations. This meant that only certain clauses were applicable to trustees – which included SIPP trustees, although not all trustees chose to use the exemptions. In the area of client money reconciliation, trustees still had to perform regular reconciliations to bank statements but crucially they were excluded from the requirement for regular (usually daily) internal reconciliation between client entitlements and the firm’s records of client money balances. Under the new rules, trustees are still exempted from certain requirements; however the scope of these has now changed, bringing trustees into line with other market participants by requiring the regular internal client money reconciliations and hence funding adjustments to be performed. The insurance company provisions still apply, of course, however many SIPPs extend beyond purely insurance business and would therefore be included in these requirements.

Sean Husey

Tue, 15 Nov 2011 18:05:54 -0600

Seven Key Steps to Help Private Fund Advisers Prepare for Regulatory Change

Tue, 01 Mar 2011 00:00:00 -0600

With the passage of financial reform, private fund advisors are now faced with significant registration changes under the Advisers Act. This article outlines seven key considerations and tips for private fund advisors on how to structure their organization, how to make and retain documentation supporting their business activities, and how to prepare for regular examinations by the Securities and Exchange Commission.

The Battle for the Customer

Fri, 31 Dec 2010 00:00:00 -0600

At a time when mortgage lenders really need to appear seamless, their operations have never been more disjointed or fragmented. This article, published by the Mortgage Bankers Association (MBA), looks at the barriers lenders face in integrating the way they deal with customers and how those barriers may be overcome. With projected loan volume at the lowest since 1997, superior customer service will be more important than ever in the batter for customers.

Client Money – Acting on Principle or Counting the Pennies?

Sat, 14 Apr 2012 07:38:40 -0500

Everyone thinks they understand the principles of Client Money, but the rules are complicated.

The law in this area is even more so: these facts have been demonstrated by the unexpected complexity of unwinding the Lehman positions. Issues such as the difficulty in defining the entitlement to assets and the liquidators’ right to be paid from client money have caused a rethink by regulators and firms about how safe their clients’ assets may be.

Managing Conflicts of Interest

Tue, 12 Feb 2013 12:35:26 -0600

The SEC’s public affirmation of their focus on conflicts of interest and fraud-based examinations sends a clear message that CCOs must understand all business relationships and their potential conflicts. If a CCO is unknowing of certain conflicts in a firm’s business activity and relationships, it will raise a red flag with examiners and lead to much more in-depth questioning, document discovery and investigation. This article addresses clear guidelines for firms as they seek to identify and manage potential conflicts of interest.

Managing Material Non-Public Information

Tue, 12 Feb 2013 12:36:44 -0600

Today’s private equity and hedge fund firms are more often than not offering multiple public and private markets investment strategies, which have introduced several risks that these new firms need to contemplate and manage. One of the top risks regulators are looking out for is access to and the potential misuse of material non-public information. To effectively manage the flow of information and monitor how that information is being used requires that firms adopt information barriers and insider trading policies and procedures, enhance the monitoring of personal and proprietary trading activities, and implement forensic testing programs. This article provides practical advice for CCOs on the steps they can take to ensure proper management of MNPI.