What We Do
At Veritass we divide our services into three: Consulting, Strategy and Legal.
In an era of disruption, strategy is more important than ever. We offer creative solutions that have helped companies across many geographies and sectors develop and execute winning strategies. We’ve been a strategy thought leader for decades, and bring deep capabilities, tools, technologies, and talent to every engagement, augmented by an ecosystem of best-of-breed partners that provide specialized expertise.
We’ll help you mobilize for change, navigate uncertainty, and flex as needed, so you achieve sustained, profitable growth—a feat only 1 in 11 companies manages to pull off.
Strategy
The digital journey from vision to execution can be unclear and complex. Our experts help clients map this journey in detail using deep domain expertise to define focused and effective strategic responses.
Our strategies are content rich, delivery focused, innovative, and drive positive results for both clients and end-users.
To drive revenue and enhance operations, financial services consider new strategies to their business.
We help clients develop focused, actionable and effective strategic responses to the most difficult questions. We define ‘effective’ as driving superior results for customers, employees and shareholders.
Investment in technology is often a path towards enhancing return and should create a distinct competitive advantage.
Our technology strategy focuses on business results while remaining closely guided by practical expertise.
A growth and digital strategy will only succeed with the right organizational and talent strategy to bring it to life.
We help our clients design an organization and talent model that is right for their business – creating the desired culture which drives high performance.
Consulting
Global impacts and customer competition is as fierce as ever, requiring businesses to find new ways of minimizing costs and boosting benefits without impacting performance.
Through focusing on enterprise-wide and group function changes, we are helping our clients to transform their workforce, operational activities, products, and services to enable a unique competitive advantage.
Organizations must satisfy overlapping and competing requirements to keep abreast with today’s evolving risk and regulatory agenda.
Veritass’ expertise, experience and insights are helping firms to strengthen their risk, regulatory and compliance capabilities and thrive.
Designing, implementing, and accelerating delivery against strategic imperatives and an evolving business landscape is paramount to business success.
Our Change Services team combines high quality end-to-end delivery services with an extensive domain expertise and globally scaled model to provide clients with cost-efficient change and run-the-bank benefits.
We define and implement the most effective solutions with scalability and continuous improvement embedded at its core for rapid end-to-end business process automation.
We help clients to implement lasting enterprise-wide changes that will produce sustainable cost-savings, new organizational efficiencies, and bottom-line margin improvements.
We encourage a colleague/customer-centric approach with technological innovation to drive lasting change.
Compliance failure carries severe financial and reputational consequences.
We help clients develop robust compliance management frameworks and customized policies and procedures, including staff education, monitoring, remediation of violations/compliance weaknesses, and report generation.
Enterprise risk management is a core and complex component for firms to successfully maintain as the risk landscape continues to evolve.
Veritass supports clients to define and embed a practical and complete risk management framework by adopting industry-leading practices and leveraging innovative tooling capabilities.
Keeping up with regulation is a constant challenge for firms today. We have extensive experience in supporting clients with all elements of the end-to-end lifecycle and post-implementation assessment and remediation process.
Our global capability spans six hubs, engages with 50+ regulatory bodies and 30+ industry and trade associations.
The significant advancements in vendor technology to support regulatory obligation mean there has never been a better opportunity to adopt market-leading solutions.
Our expert view of the landscape and technology capabilities mean we can support clients in implementing superior business solutions that meet both regulatory and industry demands.
Our Risk Management, Information Security, & Compliance services are characterized by our comprehensive approach in delivering scalable solutions through expert consulting, regulatory intelligence, technology accelerators, & managed services.
Our flexible solutions & program management expertise provides tailored & robust end-to-end execution.
Education on how change can be a growth stimulant is part of the journey which allows our clients to respond rapidly and flexibly to evolving customer demands and unpredictable changes in direction.
We increase delivery efficiency by applying innovative approaches such as intelligent Agile design, improving and innovating to ensure efficiency, transparency, risk management, quality, accountability, and effective governance.
Veritass’s unique offering allows banks to tap into change management on-demand, using operationally tested on, near and far-shore capabilities, proven specifically in multiple bank environments.
Legal Services
Veritass legal services address today’s issues and help shape the future with customized and agile strategies that span across the entire In-House legal function. From legal advisory (where permitted) and operations to managed services, we provide the informed services the legal department needs to better enable the business and drive additional value.
Businesses today face the dual challenge of increased costs and regulations. With pressure to do more with less, legal departments are seeking new ways to modernize the legal function to deliver meaningful value to the organization. Increasingly, legal functions tell us they want to operate more efficiently and transparently and have insight into the data, analytics and intelligence associated with legal matters. This enables them to become a more integrated, strategic partner aligned to the business. It can be difficult for legal departments to determine how to begin this process, where to focus, what resources can be leveraged and what success looks like. This is where Veritass helps.
At Veritass, we believe the answers lie in connectivity, creating an ecosystem that is shaped for the future. We leverage our existing cross-function relationships and multidisciplinary approach to connect the right people in the right places with technology-driven workflow, weaving the legal function into the entire business process. With multidisciplinary teams helping clients address business challenges beyond the legal function, we provide services for today while customizing strategies for the future.
In-house legal functions are integrating with other functions to drive analytics, predictability and risk management as well as cost reduction and scalability.
The Veritass Legal Managed Services team empowers process innovation and frees in-house resources to refocus on strategic priorities.
Veritass legal function experts help clients transform legal processes, talent models, data, and technology strategies to drive cost-effective and innovative legal function operating models and sustainable processes. Clients are supported from the analysis and design phases through full implementation.
Veritass helps clients navigate that change effectively and improve the performance of their legal function through the strategic deployment of people, process and technology.
Our Insights
Our world is changing at a faster pace than ever before. Let our insights shine lights across your sector.
Client Experience
We had a particularly challenging transformation programme that had overrun in budget and time.
The Veritass team were brought on board and within a period of weeks had isolated some of the key issues and worked with our Board on solutions to put the programme back on track.
A real talented team of experienced industry professionals, who really understood our challenges.
We had run into a series of challenging issues whilst undertaking responding to a Public Statutory Inquiry. The Vertiass Legal team really helped us understand how technology could reduce our run costs and improve the efficiency of responding to the challenging questions from the Inquiry Chair.
Vertiass quickly understood the complexity of our organisation and the limitations of our ageing technology infrastructure. Their legal specialists supported our in-house team ensuring our ability to respond was optimised.
A real team of experienced consultants and lawyers that made a sizable difference under very challenging circumstances.