If there's an upside to the downturn, it's the inevitable rise in new government regulations designed to prevent the next big economic collapse. Regulations have historically led to profitable consulting opportunities, and the coming wave of new requirements hanging over financial services companies appears to fit that bill. To learn more, Consulting's One-on-One sat down with Carol Beaumier, the leader of Protiviti's global financial services and regulatory risk consulting practices.
Consulting: Over the next few years, what are the biggest regulatory opportunities? And how is Protiviti preparing?
Beaumier: We've recently put a taskforce together to better prepare for the client demands regarding Dodd-Frank and Basel III. The new regulatory requirements will impact multiple jurisdictions and require a broad perspective. We're pulling resources from our US, Europe and Asia-Pac financial services practices, as well as from risk and compliance. We're thinking that the reengineering work will require both business and technology expertise.
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