News & Insights

Here, you’ll find an interesting assortment of news stories and opinion pieces from Albany Beck. The industry is evolving faster than ever right now and we can help you keep up with all the latest issues, challenges and opportunities, as well as giving you an insight into exciting future developments.

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Meet Faiza Qazi: Shaping our highly-skilled consultants as a recently promoted Technical Trainer

Meet Faiza Qazi, a rising star in our training team! Faiza recently earned a well-deserved promotion from Assistant Trainer to Technical Trainer at Albany Beck, after a fantastic year of delivery to our cohorts.

International Women's Day Event 2024 - Hosted by Albany Beck

Inclusion and equality are core values we champion daily at Albany Beck.

Dublin hub accelerates Albany Beck’s European growth - Finance Dublin

This article appeared in Finance Dublin's August 2023 edition. Albany Beck’s Adam Kelly & Celia Johnson profile the financial services consultancy’s growth in the Irish market having established a presence in 2018 and subsequently choosing Dublin as it European Hub. They outline the firm’s business model, including its RTD model, areas of growth and future plans including the imminent launch of its fund administration academy. London-based financial services consultancy firm, Albany Beck, successfully expanded its business operations into Ireland in 2018 and after some rapid growth identified Dublin as the optimum location for our European Hub. Dublin’s position as a gateway to Europe in a post-Brexit world and the abundance of highly qualified and skilled talent made it the obvious choice. Over the last five years, we have created hundreds of new jobs in the country, across a multiplicity of high-demand skill areas, including KYC, AML, fund administration, risk management, and technology. We have recruited, trained, and deployed (RTD) consultants to a broad and diverse range of prestigious global financial institutions in Dublin and regionally, rapidly bolstering team capacity and accelerating work output to empower the upholding of exceptional operational standards. The company is supported by the Irish Government through the IDA Ireland and recently received recognition for their success in the Ireland market and were awarded “Best Early Stage Business Investment” & “Best organisational Transformation” at the “Invest in Ireland” awards.

Insights , Diversity & Inclusion

Saluting Our Sisters: Introducing Sagal Dualeh

With Black History Month underway, we are taking the opportunity to celebrate the accomplishments of our Black and ethnically diverse team. This year's theme is Saluting our Sisters, and we are shining a spotlight on the incredible contributions made by one of our women Pioneers, Sagal Dualeh. Phillip Wood, Managing Partner, caught up with Sagal, currently working as Junior Software Developer at Deutsche Bank, to learn about her journey as a Black woman in the tech space and how she is helping actively promote Black History Month at Deutsche Bank.

Insights , Diversity & Inclusion

Saluting Our Sisters: Introducing Nosente Goll

This Black History Month, we’re celebrating the achievements of all our Black and ethnically diverse team members. This year’s theme is Saluting our Sisters and we wanted to highlight the amazing contribution of one of our Pioneers in particular.

Insights

Quantum Computing: Unleashing the Infinite Potential for a Quantum Revolution

In a world driven by technological advancements, quantum computing emerges as the catalyst for a monumental paradigm shift. Grounded in the principles of quantum mechanics, this awe-inspiring field has the power to reshape our understanding of computation, unlocking infinite possibilities.

Elevating Your Business Strategy: 6 Benefits of Hiring a Consultancy Firm

In today's dynamic and competitive business environment, organizations face an array of complex challenges that require strategic expertise and insightful solutions. As businesses strive to achieve growth and maintain a competitive edge, partnering with a reputable consultancy firm becomes instrumental in unlocking their full potential. Unparalleled Expertise and Industry Knowledge: Consultancy firms are renowned for their wealth of expertise and deep understanding of various industries. Their consultants possess a comprehensive knowledge base, cultivated through years of hands-on experience working with diverse organizations. This extensive domain expertise empowers them to provide invaluable advice, strategic guidance, and innovative solutions tailored to your specific industry challenges. By leveraging their deep insights, consultancy firms can help businesses navigate complex market dynamics, identify emerging opportunities, and mitigate risks effectively. Objective and Independent Perspective: One of the key advantages is gaining an objective and independent viewpoint on your business. These firms offer an unbiased assessment of your operations, objectively identifying areas for improvement and potential roadblocks. By critically evaluating your processes, structures, and strategies, consultants can offer fresh insights and challenge existing paradigms. This objectivity facilitates transformative change, spurring innovation, and driving your business forward. Specialized Skillsets and Knowledge: Consultants possess a wide range of expertise across multiple disciplines, from finance and operations to technology and human resources. This allows them to tackle complex projects and address specific challenges with precision. By tapping into their extensive network of professionals, consultancy firms provide access to niche expertise and cutting-edge methodologies that may be lacking within your organization. This collaboration ensures that you have the right skills and tools to navigate intricate business landscapes successfully. Strategic Problem Solving and Planning: By deeply understanding your organization's goals, challenges, and competitive landscape, consultants can design comprehensive strategies to drive growth and overcome obstacles. Their analytical prowess and robust methodologies enable them to identify the root causes of challenges, devise innovative solutions, and implement action plans effectively. These strategic interventions align your organization with long-term objectives and position you for sustainable success. Enhanced Efficiency and Cost Optimization: Engaging a specialised firm can lead to significant cost and time efficiencies. By leveraging their expertise, consultants streamline processes, optimize resource allocation, and identify areas for cost reduction. Their deep understanding of best practices and industry benchmarks allows them to identify inefficiencies and implement leaner operational models. Through these efficiency gains, businesses can maximize productivity, reduce waste, and enhance their bottom line. Furthermore, partnering with a consultancy firm eliminates the time-consuming process of hiring and training new employees, enabling businesses to access immediate expertise and support. Change Management and Organizational Transformation: Organizational change and transformation can be complex and challenging endeavours. Consultancy firms specialize in managing change, providing expert guidance throughout the process. By employing proven change management frameworks, consultants facilitate smooth transitions, mitigate resistance, and foster a culture of continuous improvement. Their experience in leading organizations through transformational journeys ensures that your business adapts to evolving market dynamics and embraces innovation effectively. The benefits of hiring a consultancy extend far beyond their expertise and industry knowledge. Their objective perspective, specialized skillsets, strategic problem-solving capabilities, efficiency gains, and change management expertise all contribute to driving the success of businesses across various industries. By leveraging the comprehensive services provided by consultancy firms, organizations can navigate complexities, uncover growth opportunities, and achieve sustainable success in an ever-changing business landscape. Embrace the power of consultancy and unlock your business's full potential.

Insights

Leadership Development: Empowering Organizations for Extraordinary Success

In today's highly competitive business landscape, effective leadership is the catalyst that propels organizations towards extraordinary success. We recognise the paramount importance of leadership development. By equipping organizations with data-driven insights and cutting-edge strategies, we empower them to foster exceptional leaders, inspire high-performing teams, and achieve unparalleled results.

Insights , Diversity & Inclusion

Embracing the Rainbow: Celebrating Pride Month with Purpose

At Albany Beck Consulting, we take immense pride in our commitment to inclusivity, diversity, and corporate social responsibility. As Pride Month takes centre stage in the UK, we seize this opportunity to reflect on the rich history of the LGBTQ+ community, the origins of the Pride movement, and our unwavering support for fostering an inclusive environment. In this blog post, we delve deeper into the profound significance of Pride, its historical roots, and how our consultancy firm actively promotes inclusivity and supports this empowering movement. The History of Pride: A Catalyst for Change Pride Month traces its origins back to the ground-breaking events of the Stonewall Riots in 1969, a pivotal moment in the LGBTQ+ rights movement. During a time when discrimination and oppression were rampant, the Stonewall Inn in New York City became a sanctuary for queer individuals seeking community and acceptance. However, frequent police raids and mistreatment led to an eruption of resistance on the night of June 28, 1969. The ensuing protests and demonstrations, fueled by the courage and determination of transgender women of colour, drag queens, lesbians, gay men, and countless others, marked a turning point in history. The Stonewall Riots became a catalyst for change, sparking a global movement that continues to fight for equality, acceptance, and dignity for all LGBTQ+ individuals. The Significance of Pride: A Celebration of Diversity and Resilience Pride Month is far more than a celebration—it is a powerful reminder of the journey toward LGBTQ+ equality and the ongoing struggle for acceptance. It serves as a platform for the LGBTQ+ community and allies to honour progress, celebrate diversity, and raise awareness about the challenges that still exist. Today, Pride has blossomed into a global phenomenon, with vibrant parades, events, and festivities taking place worldwide. These colourful displays of unity and solidarity allow LGBTQ+ individuals and their allies to come together, share their stories, and advocate for a society that embraces and celebrates everyone's unique identities. Our Commitment to Pride: Fostering Inclusivity and Transforming Lives At Albany Beck Consulting, we firmly believe that an inclusive and diverse workplace fosters innovation, creativity, and success. We are committed to creating an environment where all employees feel valued, respected, and empowered to bring their whole selves to work. Here are some ways in which we actively support the LGBTQ+ community: Non-Discrimination Policies and Practices: We maintain robust non-discrimination policies that explicitly include sexual orientation, gender identity, and gender expression. We continuously educate our workforce about these policies and promote a culture of respect and equality. Education and Training: We understand the importance of education in fostering understanding and empathy. Our consultancy firm provides comprehensive training and resources to employees, ensuring they are equipped with the knowledge and skills to create an inclusive and supportive environment for LGBTQ+ colleagues and clients. Community Partnerships: We actively engage with LGBTQ+ organizations and initiatives, forging partnerships that aim to make a meaningful impact. Through sponsorships, volunteering, and collaborative projects, we demonstrate our unwavering support for the LGBTQ+ community beyond the confines of our office. Pride Celebrations and Corporate Social Responsibility: As part of our commitment to corporate social responsibility, we actively participate in local Pride parades and events. We encourage employees to join us in celebrating Pride, showing solidarity, and marching alongside community members, activists, and organizations dedicated to advancing LGBTQ+ rights. Embracing Pride, Inspiring Change As Pride Month unfolds, let us honour the bravery, resilience, and activism of those who fought for LGBTQ+ rights. At Albany Beck Consulting, we stand firmly alongside the LGBTQ+ community, promoting inclusivity, celebrating diversity, and working towards a future where every individual feels accepted and valued. By embracing the spirit of Pride, we inspire change within our organization, our communities, and society as a whole. Happy Pride Month!

Insights

The Future of Finance & Fun: How Fintech & Gaming are Shaping the Industries

The convergence of finance and gaming is revolutionizing the landscape of both industries, and the impact of this intersection is reshaping the way we engage with money and entertainment. The emergence of fintech has disrupted the traditional finance industry and introduced new ways of managing money. On the other hand, gaming has long been a popular leisure activity, and the advent of digital platforms and mobile gaming has brought it to a new level of accessibility and reach. These two industries, which were previously considered disparate, are now converging in ways that are not only enhancing the gaming experience but also transforming the way we perceive and interact with finance. As a result, there has been a surge of innovative startups and established companies alike, seeking to leverage the synergies between these industries and create novel products and services that can cater to the evolving demands of consumers. Insightful Data: Key Statistics & Trends (Image adapted from Statista)

Technology Insights