H&H Partners Helps Large Bank with Compliance and Cost Reduction
Minneapolis, MN (PRWEB) September 17, 2013 -- H&H Partners Corporation, a global leader in the delivery of technology and business solutions and services, announces that they have successfully engaged and helped one of the top financial institutions in the US with significant regulatory, compliance, and business disaster recovery and continuity planning to conclude a long term audit that was initiated by the Office of Comptroller of Currency (OCC) in 2010.
H&H Partners began the discovery, assessment, and recommendations part of this large project in 2011 and concluded the planning, remediation, and execution phase in August 2013. The project consisted of working with key areas of the business units to identify core services that were in scope and under regulatory scrutiny and then mapping key technology and business upstream and downstream dependencies, gaps and risks, and recommendations to a solution to address what was required achieve regulatory compliance. The project encompassed the following areas: IT infrastructure, business processes, business continuity plans and program guidelines, training, computing facilities, 3rd party vendors, cloud computing providers, 3rd party technology providers, and the core business requirements based upon scalability, availability, and resiliency.
Chris Taylor, H&H Partners Founder and Chief Executive Officer states that “When H&H Partners initially engaged with this client we quickly knew that this project would require an organization that engage a unique skillset of technology, business acumen, and management consulting skills to tie it all together. We selected members from our team that possessed both technology leadership experience specifically in the financial industry coupled with niche skill sets in compliance and regulatory related areas again with deep experience in banking and financial markets.
Taylor also states that the solution we provided to this client dramatically reduced the original scope, approach, and costs that the client was provided by another consulting firm. In addition this approach allowed them to reduce the complexity and time to implement and mitigate and reduce their exposure of risks while satisfying the regulatory and compliance requirements.
About H&H Partners
H&H Partners offers a comprehensive portfolio of IT infrastructure, outsourcing, as well as managed and consulting services that span the entire lifecycle of the project from discovery, to assessments, design, validation, analysis, and implementation of IT solutions. We combine technical and functional consulting that immerses our resources working side by side through a collaborative methodology of approach with our clients to provide niche technology expertise in Strategic Outsourcing/Insourcing, Datacenter Operational Services, Managed Services, Cloud Computing, Big Data, Hosting, Virtualization, IT Management Consulting, and Technology Advisory Services.
Find us on the web at http://www.hhpartners-inc.com.
Chris Taylor, [email protected], http://www.hhpartners-inc.com, +1 952-905-8485, [email protected]
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