Deal Structuring & Sourcing Transformation
Industry Example Four
Our client, a major UK bank, had a desire to accelerate one of its Financial Crime programmes by using a partner. We were instructed by our client to engage with its chosen partner to design and structure an outcome based deal to accelerate its Financial Crime compliance journey.
Our deliverables to our client were the design and contracting agreement for the commercial structure, outcomes and service specification and design of an outcomes-based service levels and associated credit regime. We were able to develop great confidence in our client’s executives such that given positions from the execs, they asked us to close the deal; on their behalf.
Once the deal was closed we were then engaged by the client to provide an interim service management function whilst we designed and built the framework and organisation capability internally to manage the contract on an ongoing basis. We are still retained by the client to provide expert services around changes to the contract and service.
The client was able to accelerate the Financial Crime journey by over two years.