February 2010 Business Control Solutions (BCS) today announced that Rasmala Investment Bank (Rasmala) has selected BCS Integrity™ to drive internal financial governance enhancements. The Middle East regional investment banking group will use the solution for its balance sheet substantiation and financial close process.

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February 2010 Business Control Solutions (BCS) today announced that a leading European investment bank has selected BCS Integrity™ to drive internal control improvements for its balance sheet substantiation and financial close process. This centralised web-based platform will deliver increased transparency and control, while significantly driving down operational costs.

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February 2010 The Company has been made aware of a potential ‘boiler room scam’ over its shares.

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January 2010 Business Control Solutions (BCS) today announced that it has appointed Paul Brock as CEO. Brock joined BCS four years ago and became COO in 2007. He will take over the CEO position with immediate effect, replacing Nigel Walder. Walder, who also founded BCS nine years ago, resigned from his post and will shortly take up a senior business transformation position with a global financial institution.

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Business Control Solutions (BCS) provides management consultancy services and operational control software to financial institutions. Our people have operated at senior levels in global organisations and use this experience to help our clients fast-track solutions to complex problems. Our commitment to sustainable delivery has resulted in long-term, trusted relationships with our clients, who include six of the world's top ten banks.


 

BCS Integrity™ provides instant visibility over the account substantiation process across multiple regions, business units, general ledgers and currencies, and enables senior management to quickly understand what balances are at risk, which accounts have been reconciled, who owns each account and what still needs to be done before the financial period closes.

BCS Consultants have delivered business transformation programmes within finance, risk, IT and operations across both the buy- and sell-side. Their extensive domain expertise helps our clients to fast-track solutions to difficult and complex problems.

 

 

BCS Agent Reconciliation and Control™ (Arc) provides a golden source of agent bank fee information that is used to generate fast, accurate, and easy to manage reconciliations of Agent Bank transaction and custody charges.

BCS ResourceIT® provides highly skilled, motivated, professional, technical staff to work at your offices under your guidance and your normal working practices. Our flexible approach allows you to choose the engagement model and specify whether you want to manage the resources or set project targets and service levels that we need to meet.

 

 

BCS Operational Control Architecture® (OCA™) captures control certifications, key performance/risk (KPI/KRI) metrics, loss events and near misses, and combines this information into departmental scorecards and dashboards that give an instant measure of operational control and regulatory compliance.

BCS Market Data is a service that optimises both the usage and the licensing contracts under which market data is purchased within an organisation, with the objective of creating a sustainable market data environment that evolves in line with business demand.


Finextra Innovator (small)