Financial Services

PRIMARY CONTACTS: James B. Yard CPA, CIA, CISA

Schneider Downs’ Financial Services industry group provides financial institutions of all sizes with the expertise to effectively address their needs in risk management, IT security and internal audit.

Financial institutions operate in a heavily regulated environment that is experiencing unprecedented regulatory change and technological obstacles. As one of the largest consulting practices in the region, Schneider Downs is well-equipped to help institutions navigate these changes. 

Our team is an industry leader in strategic risk management, technology risk and organizational improvement that can supplement existing internal audit, risk, consulting and IT teams or act as a full-service solution provider for our financial industry clients.  

We offer both functional and industry expertise in critical areas of technology risk and leading frameworks, and all team members have significant roles in supporting our financial services clients. Many have worked within the industry prior to joining the firm. 

This collective experience results in uniquely diverse and deep expertise delivered on each engagement from several subject-matter experts in the internal audit, risk, compliance, data analytics, digital transformation and cybersecurity space. We strive not only to ensure the objectives of our clients are met, but also to identify efficiency and best practice opportunities in all engagements. 

Financial Services Industry Solutions

At Schneider Downs, we provide extensive and comprehensive solutions to our financial services industry clients.

Cybersecurity
 

Solutions include penetration testing, vulnerability assessments, digital forensics and incident response, infrastructure assessments and ransomware security services. Learn more

IT Risk Advisory
 

Solutions include data privacy and security, disaster recovery/business continuity, systems implementation assurance and FFIEC IT audit and general controls evaluations. 

Internal Audit
 

Solutions include audit sourcing and outsourcing, strategic functional assessment and transformation, benchmarking and metrics, robotic process controls automation, quality assurance reviews (QARs) and quality assurance and improvement planning (QAIP). 

IT Compliance Framework
 

Solutions include GLBA, GDPR, HIPAA compliance assessment, CMMC, PCI, National Institute of Standards and Technology (NIST), ISO 27001 and more. Learn More

Risk Advisory
 

Solutions include System and Organization Controls (SOC) reports (readiness, SOC 1, SOC 2 and more) and Sarbanes-Oxley (SOX) readiness and SOC 1 and 2 assessments. Learn More

Risk Management
 

Solutions include enterprise risk management assessments, third-party risk management, merger and acquisition risk evaluation and fraud risk assessment. Learn more

Financial Services Helpful Links

        Financial Services Industry Resources

About Schneider Downs Industry Groups

Schneider Downs recognizes that every industry is different, often presenting unique challenges that require individualized insight, innovation and experience. Our experience in these industries is enhanced through participation in focus groups, which address the characteristics that make these industries unique.  

For more information on additional industries we serve please visit www.schneiderdowns.com/industries or contact us at [email protected].  

case studies

 
Let’s discuss preventing ransomware attacks on your company. Email me directly <a href='mailto:twarren@schneiderdowns.com?cc=contactSD@schneiderdowns.com'>here</a>.
big problem:
Let’s discuss preventing ransomware attacks on your company. Email me directly here.
big thinking:
Company impacted by ransomware.
 
Let’s discuss opportunities to reduce your company’s tax burden. Email me directly <a href='mailto:dmorally@schneiderdowns.com?cc=contactSD@schneiderdowns.com'>here</a>.
big problem:
Let’s discuss opportunities to reduce your company’s tax burden. Email me directly here.
big thinking:
Inefficient tax credit realization.

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