Banking & Alternative Finance

The international and Irish banking industry has experienced significant changes and challenges in recent years including increased regulatory reform, disruptive technologies, risk management considerations and funding constraints. Recently, new challengers are entering the space, using innovative technology to change the whole customer experience. 

We work with new entrants to support authorisation and develop their business. We are also helping established players become more robust and further improve their processes.

BDO’s Financial Services team consists of experienced professionals with diverse experience and knowledge. We provide customised solutions and sophisticated strategies for our clients across all segments of the banking industry. The team provides a comprehensive service portfolio covering audit, assurance, tax, regulatory advisory as well as investigations, technology risk and outsourcing services.

We serve our clients locally from BDO’s offices in Dublin, Limerick, Cork  and Belfast, while drawing upon the firm’s global network across 167 countries and territories for considerable global resources and industry expertise.

Banking

We work with major international and domestic banking institutions. We are also proud to represent our banking clients to regulators and industry bodies.

Our full range of expertise for banking clients includes:

• External audits to international and domestic banks
• Internal Audit
• Governance and Control Review
• Regulatory advisory services
• Process Optimisation and Target Operating Model design and implementation
• Banking licence applications
• Cybersecurity and IT
• Regulatory Support (e.g. RMP assurance)
• Acting as receivers, managers and liquidators
• Independent Secretariat Services

Alternative Finance

We work with clients in the alternative finance arena such as credit servicing firms, aviation leasing companies, card issuers and e-money institutions.

We provide a full range of services and focus on delivering the exact combination of services and advice that they need to meet their unique challenges and to thrive in their markets.

Our services include:

• Audit and tax assurance
• Regulatory advisory services
• Tax structuring advice
• Fully outsourced and co-sourced internal audit services
• Post implementation systems reviews
• Back-office finance and accounting support