
Our dedicated Financial Services team has an exceptional understanding of the challenges client organisations face in the current economic climate. We have delivered resource into key posts at organisations from the FSA and Insolvency Service to HM Treasury and HM Revenue & Customs together with FTSE 100 companies in the Banking, Insurance and general financial services markets.
Our interim managers have provided specific expertise across various functions including: change management, security, risk, regulation, compliance, policy and business support. Our specialism within the European banking sector includes: Asset/Wealth Management, Investment Banking, Hedge Fund and Stock Brokerage.
Consultants from Sand Resources are helping companies apply the Solvency II directive and Basel III reforms.
´An excellent level of customer service and the non-permanent staff provided has an extremely high level of expertise and consistently exceeds our expectations in terms of delivery.´ Assistant Head, HM Revenue & Customs
Sand Resources has been a first tier supplier to the FSA since 2006. We have helped in the development of 4 major programmes of change that will deliver business and systems improvements in line with strategic objectives and a significant number of smaller, more tactical initiatives.
BNP Paribas were integrating a new business into the group and Sand Resources provided test analysis expertise to enable their OTC Derivatives to move to new interfaces. We provided specific knowledge of Asset Management Investment Operations business as well as Front and Back OTC Derivatives. Our consultant worked with test management, operations and technology groups to define, document and agree the test approach.
Consultants from Sand Resources were responsible for redesigning and implementing new architecture for the Credit Guarantee Scheme Model to add full automation and dynamic functionality. This highly complex model tracks credit guarantees issued by HM Treasury to various banks/institutions; it includes guarantee liabilities, fees receivable, amortization of liabilities, FX movements, hedges, guarantee valuations etc. A consolidated journal entry is prepared monthly for onward transmission to HM Treasury.
Sand Resources has worked extensively with IS since 2007 and we have provided consultants for a complete cross-section of role profiles: Training Manager, Business Analysts, Technical Design Authorities, Systems Administrator, Software Developers, Security Consultants, Communications Manager, Project Managers, Middleware Architect, Technical Developers, Database Designers, Technical Support. Additionally IS have benefited extensively from our contractor payroll service.