David Troman, head of financial services at PA Consulting Group, is quoted in the Financial Times ‘Business of Consulting’ report. David gives his views on the revival in financial services consulting and how consultants are meeting the new challenges.
David says: "Financial institutions have been fighting for their survival and now have fewer people and less money available to take on staff. They are using consultants to fill the gap."
David goes on to comment on the new collaborative approach emerging in the sector: "Increasingly, clients want to cherry-pick individuals from different consultancies to create rainbow teams with hybrid methods, rather than a one-stop-shop. This creates a healthy tension that fosters innovation and keeps consultants on their toes. It is more successful than shoehorning consultants into roles."
You can read the article in full here and also read PA’s comments in the 'Business of Consulting' report on the value of consulting here and on offshore consulting here. The report also features an article dedicated to PA’s work in the Middle East, you can read this here
To visit PA's pages on financial services, please click here.