We supported clients across a wide range of topics and have specialists in:

Regulatory compliance and remediation support

Financial Services firms frequently face resource and skill challenges when seeking to understand the impact of new regulation on their business or remediating costly historic regulatory compliance issues.

When faced with new regulatory compliance challenges, firms often need access to resource and expertise that both understand their business and can take a proportionate, pragmatic approach to compliance or remediating historic issues.

At Theta Financial Reporting have a network of experts who have experience of helping their clients achieve the required level of compliance with new regulations at a European and Global level, as well as helping large Financial Services firms design and deliver large, complex remediation programmes.

We have access to experts who have supported large global financial services firms with:

  • Regulatory gap analysis (including assessments and benchmarking of existing programmes for boards)

  • Programme management

  • Secondments to client teams to support existing project activity

  • Regulatory due diligence support to transactions (primarily in the FinTech space)

  • Led remediation functions of 50+ people, operating in a customer facing environment

  • Designed methodology to address the requirements of the FCA Acted as a liaison point between programme teams, Skilled Persons and the FCA

  • Built and managed provision calculators

Global Data Privacy Frameworks

Prior to May 2018 firms across all sectors operating in the UK and Europe, went through the pain of ensuring that they were as compliant as they could be with the GDPR. Firms with a global footprint are now facing an unprecedented challenge with the way in which they acquire, store and process consumer data as well as managing ongoing GDPR compliance requirements:

We have access to experts who have supported large global financial services firms with:

  • The assessment of the impacts of existing and new privacy laws

  • The assessment of their existing data privacy programs and identified gaps that require immediate remediation

  • The delivery of multi-million pound data privacy remediation programs in Europe

  • Leveraging existing GDPR compliance frameworks to meet the requirements of new US and global privacy laws