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.

Banking & Financial, Community Reinvestment Act, CRA, Governance Risk & Compliance

Helping a Bank Achieve Compliance with Proposed CRA Rules

Our banking client proactively addressed the Community Reinvestment Act (CRA) updates by modernizing their compliance program. We implemented software, validated data, redesigned processes, and provided specialized expertise, ensuring they stayed ahead of evolving regulations despite shifting timelines.

Accounting & Finance Operations Support, Data Optimization, Process Improvement

Providing Operations Support with a Side of Process Improvement

For this global pharmaceutical company, our staff augmentation provided more than interim support. We streamlined Excel-based reporting, reduced file sizes, and automated monthly reporting processes—saving time, improving efficiency, and leaving the client with lasting process improvements.

Acquisition, Banking & Financial, Conversion Weekend, M&A

Mastering Conversion Weekend: How a Centralized Playbook Drives Bank Acquisition Success

Mergers and acquisitions hinge on a successful conversion weekend. A strong playbook with clear tasks, dependencies, and real-time updates minimizes risks and ensures smooth integration. Through tabletop walkthroughs, effective communication, and adaptability, teams can deliver long-term value and operational stability.

Banking & Financial, Loss Mitigation

Overhauling Loss Mitigation at a Regional Bank

SolomonEdwards transformed a regional bank's loss mitigation process by remediating outsourced vendor errors, enhancing compliance, and addressing customer impacts. By training in-house teams, documenting procedures, and automating systems, we reduced the average age of accounts by 70%, ensuring lasting efficiency.

Accounting & Finance Operations Support, Audit Preparation, Business Combinations, ERP Systems

Business Combinations Call for Specialized Skills

Business combinations present exciting opportunities but also complex challenges, such as purchase price accounting, ERP system migrations, and audit preparation. SolomonEdwards supported a merged bioscience/pharma entity by resolving accounting issues, stabilizing operations, and ensuring a smooth transition to a new ERP system.

Account Opening, Banking & Financial, Customer Experience, Customer Retention

Banking Spotlight: Customer Experience in Account Opening Is Key to Retention

Customer experience is a key driver of growth in banking. A seamless, efficient account opening process is essential for attracting and retaining clients. By reducing friction, optimizing customer verification, and using data to personalize the experience, banks can build loyalty and profitability from the start.