Insights

Our subject matter experts provide insights on a broad range of topics, including regulatory compliance updates, the impact of emerging technologies, transaction considerations, and more, helping you stay ahead in an evolving business landscape.

Anti-Money Laundering (AML), BSA, Risk & Regulatory Compliance

A Comprehensive Compliance Transformation for a Leading Digital Bank

A leading digital bank with $150 billion in assets faced an FDIC consent order to improve compliance with BSA, AML, and sanctions policies. We led a comprehensive transformation—modernizing 100+ accounting policies, strengthening AML protocols, and integrating control testing. Our holistic approach ensured regulatory alignment while embedding a culture of compliance. Learn how this bank successfully navigated its compliance overhaul.

Business Transformation, Finance Transformation, Financial Close

The Importance of an Effective Financial Close Process

A reliable financial close process is key to accurate reporting and strategic planning—but many finance teams still face delays and inconsistencies. This article explores why the close matters, what’s involved in doing it right, and how companies can reduce risks and improve reporting through streamlined processes and expert support.

Digital Transformation, Financial Services Cloud, Salesforce, Technology Enablement, Wealth Management

Tailoring Salesforce Financial Services Cloud for Wealth Management Success

Wealth management firms are facing growing client expectations and regulatory demands, but outdated CRM systems create inefficiencies that slow growth. Implementing Salesforce Financial Services Cloud (FSC) can help, but true efficiency requires industry-specific customizations. Learn how SolomonEdwards helps firms tailor FSC to streamline compliance, automate workflows, and enhance client engagement—driving operational success.

Governance Risk & Compliance (GRC), IIA, Internal Audit

New Global Internal Audit Standards: What’s Changed and Why Companies Should Take Note

The revised Global Internal Audit Standards introduce a streamlined framework with 15 guiding principles, 5 domains, and 52 mandatory standards. These updates emphasize stronger alignment with organizational goals, enhanced documentation, and integrated assurance to improve transparency and efficiency.

Banking & Financial, Data Integration, Loan Origination System, LOS

Implementing or Enhancing a Loan Origination System: A Strategic Approach to Success

A successful Loan Origination System (LOS) implementation requires meticulous planning, strong governance, and alignment with business processes. Prioritizing system design, limiting customization, and committing to change management can streamline adoption and maximize efficiency. Financial institutions can unlock the full potential of their LOS by utilizing an iterative approach and strategic data integration.

Accounts Payable, Digital Transformation, ERP, MAPICS, Mincron, Technical Advocacy

Turning Chaos into Clarity: How Technical Advocacy Rescued an ERP Implementation

A technical advocate ensures system implementations align with business needs, preventing costly missteps. In a recent project, we led a reimplementation for a manufacturer, reducing invoice backlogs and automating AP processes. With expert guidance, stakeholder engagement, and clean data, we delivered lasting value and efficiency.