BearingPoint and Cumbria enter into strategic consulting alliance

Management and technology consultancy firm BearingPoint and Cumbria Financial Services Consulting today announced a strategic alliance to expand their market coverage and enhance international services for clients.

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As Cumbria is the largest financial services consultancy in Spain, it is the ideal strategic consulting partner for us. We are like-minded consultancies, united by our belief in diverse perspectives, ideas and ways of working.

Madrid, Spain (PRWEB UK) 4 November 2013

Management and technology consultancy firm BearingPoint and Cumbria Financial Services Consulting today announced a strategic alliance to expand their market coverage and enhance international services for clients. BearingPoint, one of the leading business consultancies in Europe, has a very strong track record in financial services. Among their clients are the top German, French and British banks and insurance companies. Cumbria is an established leader in management consulting for financial services with offices in Spain, Mexico and Colombia. The alliance covers the European market and will enable both firms to extend their capabilities to answer the growing needs of their clients for cross-country services.

Under the terms of this agreement both firms will refer business opportunities, collaborate on client work and share intellectual capital. BearingPoint and Cumbria will continue to focus on their respective local markets, while collaborating on projects that require transnational reach.

Dr. Robert Wagner, global financial services leader at BearingPoint, said: “With this alliance we will be able to proactively support our clients in Spain, as well as provide comprehensive consulting services for Spanish financial institutions in an international environment. As Cumbria is the largest financial services consultancy in Spain, it is the ideal strategic consulting partner for us. We are like-minded consultancies, united by our belief in diverse perspectives, ideas and ways of working. Clients will benefit from locally based resources, expertise, shared IP and uniform service and quality.”

Dr. Vincent Lage, Chairman of Cumbria FSC, said: “The work culture, presence and relevance of an international consultancy leader like BearingPoint represent a major leap in our capabilities and enable us to provide our specialized services in a wide range of countries to our mutual clients. Additionally, our complementary networks and offices, as well as our expansion plans, create a great opportunity to offer a large international coverage with local knowledge to our current and future customers. At Cumbria FSC, we know that the alignment of strategy, corporate culture, and offerings will allow us to raise our standards of excellence.”

About BearingPoint
BearingPoint consultants understand that the world of business changes constantly and that the resulting complexities demand intelligent and adaptive solutions. Our clients, whether in commercial or financial industries or in government, experience real results when they work with us. We combine industry, operational and technology skills with relevant proprietary and other assets in order to tailor solutions for each client’s individual challenges. This adaptive approach is at the heart of our culture and has led to long-standing relationships with many of the world’s leading companies and organizations. Our 3350 people, together with our global consulting network, serve clients in more than 70 countries and engage with them for measurable results and long-lasting success.

For more information, please visit: http://www.bearingpoint.com

Press contact
Alexander Bock
Manager Communications
Tel. +49 89 540338029
Mailto: alexander.bock@bearingpoint.com

About Cumbria FSC
Cumbria FSC is the largest independent business consultancy specialized in financial sector with offices in Madrid, Barcelona and Mexico. Our advisory expertise supports our clients in identifying, planning & defining the needs of their goals, improving their competitiveness and margins, as well as providing a 360 degree response. We advise senior management in the following knowledge areas: strategy, functionality, operations, processes and technology. We understand the realities and needs of our clients due to our deep sector knowledge, with business units composed off highly qualified specialists, applying best market practices in our business and technology solutions.

For more information, please visit: http://www.cumbria-fsc.com

Press contact
Marta Estarellas
Director of Communication & Institutional Relations
Tel. +34 663 027 941
Mailto: marta.estarellas@cumbria-fsc.com


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