Deloitte Touche Tohmatsu Limited (DTTL) is pleased to announce today that the Deloitte member firms (Deloitte) were positioned as the market leader and named a Vanguard provider for the second consecutive time in Global Financial Services Consulting* in Kennedy Consulting Research & Advisory's Financial Services Consulting Marketplace 2011-2014.
The Kennedy report examines key developments, trends, forecasts, and providers for the Financial Services Consulting marketplace. The research also features The Kennedy Vanguard assessments of the management consulting, financial consulting, IT consulting, and financial services consulting marketplace overall. The Vanguard assesses depth, breadth of capabilities, and momentum of the provider relative to others in the marketplace.
"The multiple leadership rankings that Deloitte received in this report, for both Financial Services and Management Consulting, is truly a testament to the quality of work produced by the people of Deloitte's Financial Services practices," said Joseph El Fadl, partner and Financial Services Industry leader at Deloitte Middle East. "Deloitte will continue seeking ways to further progress the Deloitte network's breadth and capabilities in this space."
Key findings:
"When Deloitte is competing with strategy firms, it benefits from a combination of lower rates and strong technology skills."
"Deloitte's multi-country work includes cross-border M&A, global finance transformation, performance improvement, anti-money-laundering, KYC [know your customer], and FATCA [Foreign Account Tax Compliance Act], all of which require global capabilities and multi-disciplinary skills. Approximately 60% of the payments projects have a global element and so involve partnering with Deloitte's global firms in places such as Brazil and India."
*Based on 2010 revenue
Source: Kennedy Consulting Research & Advisory; Financial Services Consulting Marketplace 2011-2014; © Kennedy Information, LLC. Reproduced under license.
About Deloitte:
Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited, a UK private company limited by guarantee, and its network of member firms, each of which is a legally separate and independent entity. Please see www.deloitte.com/about for a detailed description of the legal structure of Deloitte Touche Tohmatsu Limited and its member firms. Deloitte provides audit, tax, consulting, and financial advisory services to public and private clients spanning multiple industries. With a globally connected network of member firms in more than 150 countries, Deloitte brings world-class capabilities and high-quality service to clients, delivering the insights they need to address their most complex business challenges. Deloitte's approximately 182,000 professionals are committed to becoming the standard of excellence. Deloitte's professionals are unified by a collaborative culture that fosters integrity, outstanding value to markets and clients, commitment to each other, and strength from cultural diversity. They enjoy an environment of continuous learning, challenging experiences, and enriching career opportunities. Deloitte's professionals are dedicated to strengthening corporate responsibility, building public trust, and making a positive impact in their communities
About Deloitte & Touche (M.E.):
Deloitte & Touche (M.E.) is a member firm of Deloitte Touche Tohmatsu Limited (DTTL) and is the first Arab professional services firm established in the Middle East region with uninterrupted presence for over 85 years. Deloitte is among the region's leading professional services firms, providing audit, tax, consulting, and financial advisory services through 26 offices in 15 countries with over 2,500 partners, directors and staff. It is a Tier 1 Tax advisor in the GCC region (International Tax Review World Tax 2010, 2011 and 2012 Rankings) and was recognized as the 2010 Best Consulting Firm of the Year in the Complinet GCC Compliance Awards. In 2011, the firm received the Middle East Training & Development Excellence Award by the Institute of Chartered Accountants in England and Wales (ICAEW).
Contact:
Ceem Haidar
Title: Public Relations Regional Leader
Deloitte Middle East
Tel: 00961. 1. 748 444
Email: chaidar@deloitte.com
© Press Release 2012
