Financial Services & Insurance Archives

Automotive Finance Company Improves Growth Potential and Profit Enhancement Through Updated Technologies

Automotive Finance Company Improves Growth Potential and Profit Enhancement Through Updated Technologies Client Situation A major national player in the automobile finance business with $500 million annual revenue was looking to use updated technologies to grow and increase market share and improve profitability by reducing costs per loan funded. Historically, the company had grown organically nationwide, but was facing the reality that growth would slow with its current products [...]

Automotive Finance Company Improves Growth Potential and Profit Enhancement Through Updated TechnologiesAnn2020-01-15T00:27:14+00:00

Large Insurance Company Data Center Realizes Major Savings by Migrating to a Hybrid Cloud Solution

Large Insurance Company Data Center Realizes Major Savings by Migrating to a Hybrid Cloud Solution Client Situation After a decade of aggressively investing in automating business processes and creating mobile, web and analytics capabilities, a large insurance company faced running out of data center space. Building a new data center or expanding an existing data center would be a large capital investment and would divert funds from market growth [...]

Large Insurance Company Data Center Realizes Major Savings by Migrating to a Hybrid Cloud SolutionAnn2020-01-15T00:31:38+00:00

NextLevel helps financial services firm improve performance to create leverage prior to sale

NextLevel Helps Firm Improve Financial Performance to Create Leverage Prior to Sale Client Situation The owners of a closely held financial services firm wanted to sell the company. But first they needed to improve the company’s financial performance by strengthening their finance team and investing in critical systems and process improvements. These improvements would provide access to the data necessary to manage company performance with the goal of supporting [...]

NextLevel helps financial services firm improve performance to create leverage prior to saleAnn2020-01-15T00:34:45+00:00

International Investment Bank Explores Options as an Independent / Spinoff Company

International Investment Bank Explores Options as an Independent / Spinoff Company Client Situation The CEO of a $5 billion subsidiary of a major Western U.S. bank holding company (BHC) correctly surmised that the unit was not a core holding of the BHC. The CEO wanted to prepare potential strategies for spinning off or selling the unit to prepare for a possible request to do so from the BHC’s top [...]

International Investment Bank Explores Options as an Independent / Spinoff CompanyD Barka2020-01-15T21:39:39+00:00

Bank Holding Company Under Pressure, Analyzes Competitors to Improve Position

Bank Holding Company Under Pressure, Analyzes Competitors to Improve Position Client Situation A bank holding company was #1 and #2 in deposit market share in its two states of operation but was facing competitive and potential acquisition threats from competitors. The company wanted to review its operations to respond to the potential threat. Solution A NextLevel executive, as head of strategic planning and business development (M&A), assisted the company’s [...]

Bank Holding Company Under Pressure, Analyzes Competitors to Improve PositionD Barka2020-01-15T21:39:51+00:00

Mortgage Lending Division of Large Holding Company Doubled Production in One Year

Mortgage Lending Division of Large Holding Company Doubled Production in One Year Client Situation A $33 billion S&P 500 bank holding company was operating in six states through four different divisions with seven different legal companies after several non-strategic acquisitions and exit from the residential lending business. Solution A NextLevel executive, as acting president and later SVP , assisted in setting up an integrated strategy and approach to the [...]

Mortgage Lending Division of Large Holding Company Doubled Production in One YearD Barka2020-01-15T21:40:01+00:00

Mortgage Lender Establishes Solid Finance Function, Grows Eight-Fold

Mortgage Lender Establishes Solid Finance Function, Grows Eight-Fold Client Situation A wholesale mortgage lender required an improved level of professionalism of its finance organization to support an aggressive growth plan. Solution A NextLevel executive, as CFO, assisted the Board and president in designing and implementing the redesign of the Finance organization. He identified and hired a controller (with CPA), treasurer, and senior accountant. He then redeployed existing staff who [...]

Mortgage Lender Establishes Solid Finance Function, Grows Eight-FoldD Barka2020-01-15T21:41:05+00:00