Protiviti Ranked Among Top 5 Firms in Kennedy
2014 Risk Consulting for Financial Services Report
MENLO PARK, Calif., July 28, 2014
MENLO PARK, Calif., July 28, 2014 /PRNewswire/ --Protiviti
(www.protiviti.com), a global consulting firm, has been ranked among the top
five firms in the Kennedy Vanguard™ of Financial Services Risk Consulting
Providers. The ranking is included in the 2014 Risk Consulting in Financial
Services report^1 by Kennedy Consulting Research & Advisory. According to the
report, Protiviti is a "formidable player in the risk space," based on the
quality of services it provides and the experience of the people it hires.
"The high ranking given to our services in the Kennedy Risk Consulting report
is the result of our dedicated focus on solving our clients' risk and
compliance problems, the outstanding and growing reputation of our firm in the
financial services marketplace, plus the proven breadth and depth of our
team's delivery experience," said Cory Gunderson, managing director and global
risk and compliance practice leader for Protiviti. "With the continuing
emphasis on creating stronger risk management and compliance capabilities in
the financial services industry, the need has never been greater for a
reliable, collaborative, hands-on consulting partner who combines unparalleled
expertise with exceptional client service."
According to the report, "Financial services clients are having a regimen of
risk management imposed on them from above by regulators, and they are
overwhelmed by the dizzying new layers of complexity this is adding to their
businesses as well as by the ever-escalating cost." In such an environment, it
is essential for companies to work with a consulting partner that they can
trust and that offers the precise services they need. The Kennedy Vanguard of
Financial Services Risk Consulting Providers assesses firms in terms of the
relative breadth and depth of their channel optimization and customer
experience in consulting capabilities.
In making Protiviti a Vanguard firm, the report ranked Protiviti as Very
Strong ‑ the highest rating ‑ in multiple topical areas including Regulations
& Reporting Risk, Internal Audit, GRC (governance, risk and compliance), ERM
(enterprise risk management), Cyber Security/Anti-money Laundering,
Legal/Contract/Third Party Risk, and Remediation. According to the report,
Protiviti's "…ever-developing GRC capabilities, built on Protiviti's Arthur
Andersen risk foundations, make the firm a formidable player in the risk
space, with solid credentials both in services as well as in the firm's
'50/50' (50 percent industry specialists, 50 percent risk specialists) hiring
formula." The report also notes that "Protiviti is large enough to service
top-tier clients and compete with the Big Four, but it is modest enough in
size to also help the underserved middle-tier clients."
Among the areas of expertise Protiviti provides to the financial services
industry are: regulatory compliance; IT consulting; financial risk (credit,
market, liquidity); anti-money laundering services; operational risk; model
risk and capital management and more. Protiviti is proud to count as clients
more than 75 percent of the world's largest banks and six of the top 10
property and casualty insurers.
 Source: Kennedy Consulting Research & Advisory; Risk Consulting in
Financial Services (c) 2014 Kennedy Information, LLC.
Protiviti (www.protiviti.com) is a global consulting firm that helps companies
solve problems in finance, technology, operations, governance, risk and
internal audit, and has served more than 40 percent of FORTUNE 1000^® and
FORTUNE Global 500^® companies. Protiviti and its independently owned Member
Firms serve clients through a network of more than 70 locations in over 20
countries. The firm also works with smaller, growing companies, including
those looking to go public, as well as with government agencies.
Protiviti is a wholly owned subsidiary of Robert Half (NYSE: RHI). Founded in
1948, Robert Half is a member of the S&P 500 index.
Protiviti is not licensed or registered as a public accounting firm and does
not issue opinions on financial statements or offer attestation services.
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