Insights

Brighter Consultancy Group successfully secured exclusivity to help one of the largest payment providers in the UK.

In 2020, Brighter was engaged by a large UK monoline annuity writer for the internal model validation as part of its SII internal model application. 

Brighter Consultancy Group has been engaged by multinational insurer to deliver consultancy support to a large scale Identity Access Management Programme.

Brighter Consultancy Group was requested to submit a proposal under NDA to support a Big 4 Consultancy in the delivery of an IT Risk and Control Self Assessment.

In 2021, Brighter has been engaged by a large European general insurance writer for the implementation of IFRS17 methodology.

In 2023, UK financial services, including banks and fintechs, spent a staggering £34.2 billion annually on financial crime compliance (FCC), up 19% from 2020. This surge reflects the complexities of regulatory landscapes and advancing criminal threats.

As 2024 begins, we look ahead at the conditions set to play out over the next few months, including higher interest rates, potentially moderating (albeit still troubling) inflation and, of course, ongoing regulatory pressures and regulatory change.