Financial Institutions Overview

Financial Institutions

Enabling Financial Institutions to Manage Risk and Performance

Today’s environment provides an unprecedented need for financial institutions to review processes to reduce risks while increasing performance. Stakeholders – including regulators, shareholders, and customers – expect rigorous standards to be upheld. In addition, intensifying competition is driving boards and management teams to reassess their service provider relationships.

Crowe Horwath LLP is nationally recognized for services designed to meet the risk management and performance needs of financial institutions. Our industry specialists practice within the following Centers of Excellence:

Assurance. Among the nation’s leading audit firms for financial institutions, Crowe’s audit clients range from community institutions to some of the nation’s 100 largest institutions. Our audit process relies on industry knowledge, an integrated internal control and financial statement process, electronic means of delivery, and strong project management.

Risk management. Crowe assesses key business risks unique to your financial institution and the industry, and assists in implementing risk management strategies for improved performance. We help identify, monitor, and report risk management effectiveness, with proven processes and methodologies that meet with the confidence of your stakeholders.

Performance improvement. Beginning by understanding your unique business needs, we apply our experience in understanding the business model of financial service companies to create a solution responding to your needs. The best solutions not only improve business processes, but reduce the risks to the organization. We both assess and implement those solutions through a blended, integrated team that collaborates to solve your business problems. Once the project is complete, our approach ensures successful knowledge transfer to make sure sustainable long-term benefits are achieved.

Tax. Crowe provides tax compliance and tax planning services to help financial institutions minimize unnecessary tax burdens. We provide federal, state, local, and international tax services on either a consultative or outsourcing basis.

Crowe’s Financial Institutions practice is setting new standards of excellence in assurance, risk management, performance improvement services, and tax.