Industries We Serve

Financial Services

MorganFranklin is a management and technology consulting firm that helps Financial Services clients navigate growth challenges, comply with regulatory changes, optimize business operations and decision making through disruptive technologies, and transform their finance and accounting functions.

We provide cross-functional industry expertise, while delivering leading practices and insights to help clients overcome business challenges and seize opportunities. We partner with clients by understanding their overall business strategies and adopting a “roll up your sleeves” approach on execution and delivery of our solutions. Our consultants consist of former Big 4 and industry leaders that deliver on proven strategies and expertise at the forefront of the industry.

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Learn how we were able to help our clients solve complex transformational challenges.

Case Studies

Our Financial Services Expertise

Technical Accounting & Financial Reporting

A dynamic financial services marketplace means new products and regulations that complicate financial reporting for financial services companies. Our team combines Big 4 National Office experience with a practical delivery style to advise clients on complex GAAP accounting issues and provide hands-on support to adapt to new policies. Below are some of the key services we provide:

Accounting for Card, Retail, and Commercial Loans
Accounting for Derivatives and Hedging Instruments
Current Expected Credit Loss (CECL) Implementation
Audit Readiness and Remediation
Internal Control Design and Assessment
SEC Reporting and Restatements

Finance Transformation

Our Finance Transformation services empower CFOs, Controllers, and Treasurers to maximize the value of their organizations. We help Finance leaders identify, prioritize, and implement initiatives that enable better decision making, risk management, and overall efficiency:

Digital Finance & Real Time Financial Reporting
Finance Modernization Roadmap Development
Planning, Budgeting, & Forecasting Enhancement
Balance Sheet Planning & Management
Alignment of Management, Financial, and Regulatory Reporting

Business Transformation

We enable clients undergoing disruptive transformations by providing custom solutions that align to their business operating model. Today’s marketplace has executives dealing with continual changes from technology innovation, shifting regulatory trends, changing customer demands, and a rapidly evolving risk environment, among other factors. We help forward-thinking executives re-imagine the way they do business:

Regulatory Change & Adoption (LIBOR Decommission, SCCL, LCR, NSFR, AML, and KYC)
Capital Markets (Funding, Hedging, and Cash Management)
Change Management & Customer Experience Transformation Support
Program Management Office Support

M&A Lifecycle

Deals in the Financial Services space are nuanced by complex products and an unpredictable regulatory environment. We focus on all aspects of M&A transactions including buy-side portfolio acquisitions, financial and technology due diligence, financial carve outs, legal entity spinoffs, pre- and post-acquisition integration of business operations, and FinTech related events. We enable clients to execute complex transactions while managing risk and driving value:

Due Diligence: Financial, Operational, and Technology (including Purchase Accounting)
Deal Structure & Purchase Agreement Strategy
Integration Management Office Support
Day 1 Regulatory and Management Reporting
LD1 Planning and Execution
Design, Implement, and Exit Transition Services Agreements (TSAs)
Combine Technology Systems and Operations
Design/Execute System and Data Conversion Strategies

Risk Advisory

The Financial Services industry is rapidly evolving and the rate of change is ever increasing, which places more importance on the role of risk management. We work with Financial Services companies to understand, manage, and mitigate risks across their portfolio:

Enterprise Risk Management
Information Risk Management
Sarbanes-Oxley Compliance
Internal Controls Assessment and Optimization
Internal Audit Outsourcing/Co-sourcing

Private Equity Services

In recent years, record levels of capital deployment have moved on to the balance sheets of Private Equity Firms causing them to expand into broader markets such as Financial Services, specifically targeting FinTechs and Alternative Assets. As such, there will be heavier emphasis on value creation initiatives. As valuations for companies continue to rise causing volatility and competition in the market, a renewed focus on growing the underlying value of a company will be critical. We help Private Equity Partners and Portfolio Company Executives build sustainable operations that enable growth:

Building Scalable Operations
Add-on Transaction Support
Buy and Sell-side Diligence & Close Support
Technology Assessment and Implementation (ERP, EPM)
CIO Advisory Support (Infrastructure, Cybersecurity)
Fintech Regulatory Matters

IPO Readiness

We help companies prepare for the enhanced scrutiny of auditors and regulators by conducting an end-to-end IPO Readiness assessment and building a roadmap for life as a public company. We partner with executives through the entire process, from hiring an underwriter to the first public company filings:

Assessing IPO Readiness and Developing an IPO Roadmap
Documenting Key Policies and Procedures (ALLL, Credit, Loan Accounting)
Preparing SEC Filings and Disclosures
Becoming Compliant with Sarbanes-Oxley
Undergoing a PCAOB Compliant Audit
Preparing a Finance Function (Reducing Close Times, Standing up FP&A, Modernizing ERP Systems)
Implementing External Reporting Capabilities

Data & Analytics

We help organizations better understand, manage, and analyze their data to deliver actionable insight to run their business. We work with some of the most complex and forward-thinking Financial Services companies from growth startups to Top 10 banks. We provide leading edge solutions in Data & Analytics to drive success in Financial Services. Our teams can help you govern enterprise data and build tools and processes to deliver market moving insights:

Data Architecture and Engineering
Enterprise Data Governance
Data and Metadata Management
Data Visualization and Business Intelligence
Machine Learning
Predictive Analytics

Enterprise & Cloud Applications

We work closely with our clients’ finance and technology functions to adopt cutting edge emerging technologies (Cloud and Big Data) and innovation accelerators (AI, IoT and Robotics) to enable growth and add value to their existing core business:

Enterprise Resource Planning (ERP)
Corporate Performance Management (CPM)
Robotic Process Automation (RPA)
Business Process Automation

CIO Advisory

Our CIO Advisory services provide a comprehensive approach to solving your most critical IT challenges. We collaborate and partner with our clients to align business objectives with technology to drive operational efficiencies and reduce costs. By providing critical leadership throughout the process, we craft a tailored roadmap that safeguards assets, reduces process inefficiencies, and optimizes resources and talent:

IT Leadership Services
IT Strategy & Planning
IT Transformation
IT Assessment

Cybersecurity

Our Cybersecurity team specializes in services that provide a comprehensive, flexible, and robust approach to solving critical cybersecurity needs. From consulting and implementation to managed services and project resourcing, we work to safeguard assets by identifying risks, developing and maturing cybersecurity programs, and implementing solutions that support and meet your organization’s business goals. We do this using a hands-on approach, providing the right blend of experience and expertise to successfully deliver, execute, and manage your end-to-end cybersecurity needs.