London: Capco, the dedicated financial services industry consultancy, plans to build its European business significantly on the back of the appointment Tara Brady as partner and member of its European management team.
Brady has the explicit remit of expanding Capco's strategic financial services consulting business across Europe including key markets such as the United Kingdom, France and Germany.
Peter Schurau, CEO Europe, said, "As a result of market demand, we have enjoyed healthy growth levels consistently above consulting industry averages. We anticipate building on this strong platform throughout 2012 and beyond. Tara (Brady) has extensive expertise in managing financial services business transformation projects making him well placed to lead our development efforts throughout Europe. He is an advocate for continuously improving top-line expansion as well as best serving client needs. We welcome Tara (Brady) to Capco and the fresh approach he brings to the business."
Brady commented, "Financial institutions are faced with increasing regulation, risk mitigation requirements and marketplace uncertainty and they need the time and resources to concentrate on these core business issues. Outsourcing back office operations leaves these firms to focus on their core business, while Capco can help better manage business processes."
He added, "Capco's expertise in successfully dealing with the business transformation process is one of the many reasons I was attracted to the company. As a specialist financial services consultancy, Capco has the agility and speed to manage these challenges head on. It is also supported by large-scale expertise and knowledge within the business."
Brady has more than 20 years' experience in the financial services industry across retail banking and insurance outsourcing contracts and acquisitions. Before joining Capco, he was CEO of Calyx Group, a mid-sized IT provider of infrastructure and carrier services. Prior to this role, Tara was a member of the group board of management and CEO (International) at Getronics (KPN) and also director of financial services at what is now Logica. He has previously served as visiting professor of City University business school now known as Cass Business School and has authored the Financial Times bestseller 'Rules of the Game'.
Brady's brief takes Capco full circle. The firm was founded with a European focus in 1998 as The Capital Markets Company NV by Belgian entrepreneur Rob Heyvaert, with offices in Belgium, London, New York and Frankfurt, before joining forces with US fin-tech group FIS in 2010.