Chadds Ford, PA (PRWEB) December 29, 2014
Brian Reiss, President of Bridgeforce Inc., presented at this year’s Future of Retail Banking Conference, held in London, UK on November 26 – 27, 2014. Speaking to European bank leaders, Brian first relayed several similarities between recent activities of regulators in the US with regulatory activity now happening in the UK. He then provided Bridgeforce perspectives derived from working with banks and regulators in both regions, including suggestions to lenders on how to be successful in the new regulatory environment. These included the following:
1. Embrace the notion that increased regulation is here to stay and take steps to address this issue.
2. Regulators are focused on the customer experience. Business leadership should take an enhanced view of the end-to-end customer experience and operational processes.
3. The path to the future is in operating an effective compliance management system (CMS) to maintain regulatory needs and to prevent customer harm.
If you would like a copy of the Bridgeforce presentation deck from this year’s conference, click on the following: Positioning for Success Presentation Deck.
To learn more about the Marketforce Future of Retail Banking Conference, please click here.
Bridgeforce is a specialized multi-national consulting firm serving a variety of clients involved in almost all aspects of the consumer and small business lending and payments space. Over 75 percent of Bridgeforce consultants come directly from client-side leadership positions across multiple parts of the credit lifecycle. Combined with subject matter expertise in operations, technology, strategy and regulatory issues, Bridgeforce has the knowledge and experience to make the hard choices in developing and implementing best-fit solutions that are both achievable and lower the risks of execution to ensure sustainability. The Bridgeforce success can be attributed to a culture fostering innovation and evolving experienced-based best practices recognized within the industry. For more information, visit http://www.bridgeforce.com.