Cryptocurrency & digital asset consulting services for banks and financial services organizations
By the time you finish reading this sentence, the world of cryptocurrency and digital assets might have already evolved.
The changing cryptocurrency market can seem too overwhelming, too volatile to know where to start. But banks and financial services organizations are adapting to new marketplaces amid uncertain government regulations.
Waiting too long might not only mean missed opportunities. Risk can go unchecked as cryptocurrency unknowingly flows through banking networks.
Cryptocurrency isn’t tearing down financial services. It’s evolving how organizations can offer them.
Bitcoins, blockchains, Ethereum, smart contracts, NFTs, and the possibility of a U.S. digital currency- cryptocurrency is a world full of strange names and big possibilities. These new ideas are quickly altering products across the financial landscape.
Banks and fintechs are integrating cryptocurrency and the blockchain to transform traditional services like custody, loans, and rewards.
We can help your organization find stability while managing the risks of cryptocurrency.
Seizing these opportunities within your risk profile means operationalizing cryptocurrency into another reliable tool in your arsenal. Working with our experienced team can prepare your organization for the future and position it for growth with a four-stage approach, from ideation to implementation.
Let’s work together to document objectives, target products, and markets. That will help identify the “what,” “who,” and “why” questions that need to be answered to define success.
We can help you understand the potential risks you face by:
- Analyzing your organization’s risk universe
- Determining your risk applicability
- Identifying your risk appetite
We’ll examine the regulatory, legal, and reputational impacts faced by your organization. Based on your goals, we can identify impacted operational and compliance areas.
We can help you assess risk by:
- Identifying inherent risk factors
- Measuring inherent risk factors
- Evaluating inherent risk acceptance
Your financial services organization will inevitably be exposed to new cryptocurrency risks. We can help you understand what that means for your current risk management program.
We can identify gaps in your current controls and process to help create a plan to mitigate risk.
We can help you assess a control environment by:
- Evaluating current-state controls
- Evaluating control needs and conceptual planning
You decide how you want us involved. We can be your cryptocurrency coach and support your processes, including planning and development, internal approval, design, and implementation.
We can help you create a plan by:
- Determining the cost of your strategy
- Recommending control environment enhancements
Get a road map with directions for a complex landscape.
There’s a lot to think about when it comes to cryptocurrency. From technology to strategy, our team has deep industry knowledge and experience that can be used to help you in many areas.
Financial crime
Face compliance with confidence by gaining a situational understanding of financial crime regulations.
Third-party risk management
Find out if any of your vendors present major risks for your institution.
Credit solutions
You can improve your lending practices and address risks with our suite of credit offerings.
Financial crime
Face compliance with confidence by gaining a situational understanding of financial crime regulations.
Third-party risk management
Find out if any of your vendors present major risks for your institution.
Credit solutions
You can improve your lending practices and address risks with our suite of credit offerings.
Internal audit
Benefit from a value-added approach that can prepare your organization for future challenges.
Regulatory response
Whether you’re dealing with a regulatory action or getting up to speed on a new rule, we can help.
Technology and data consulting
Discover how innovative technology and analytics can help you do more while using fewer resources.
Internal audit
Benefit from a value-added approach that can prepare your organization for future challenges.
Regulatory response
Whether you’re dealing with a regulatory action or getting up to speed on a new rule, we can help.
Technology and data consulting
Discover how innovative technology and analytics can help you do more while using fewer resources.
Cybersecurity
Protect your financial services organization while you continue to evolve, stay competitive, and serve your customers.
Privacy
Keep your data collection and analysis methods up to date.
Cybersecurity
Protect your financial services organization while you continue to evolve, stay competitive, and serve your customers.
Privacy
Keep your data collection and analysis methods up to date.
Let’s see how we can help you.
There's a lot of money flowing through the cryptocurrency market. We can help you chart a long-term strategy.
We understand the new opportunities the cryptocurrency market is introducing and how it’s affecting the financial landscape.
We’re here to listen to your needs, focus on how we can help, and implement new mechanisms that provide you with an opportunity to both grow your portfolio and maintain a risk-based approach to new products and services.
Let’s have a conversation about your cryptocurrency concerns and how you might be able to take advantage of the opportunities in an ever-expanding market.
