Sell Support for a Bank M&A Transaction

A leading global UK Bank, intended to exit from one of its businesses in India and needed on the ground Sell side support for an M&A transaction to work with the business and the investment bank. Our consultant services involved in preparation of the Information Memorandum, due diligence and analysis of the Asset portfolio of USD 800M ++, managing the Virtual Data Room (VDR), the Q&A sessions for the suitable buyers and support activities for the deal finalization.

The scope extended to working with the various support teams like HR, Legal, Finance and Risk to qualify the portfolio and prepare the information for the VDR.

Outcome: The deal was successfully concluded exceeding the expectations of the Management Board


Transfer of Assets and Data Migration post M&A Transaction

A leading global UK Bank, needed support for the migration and legal separation of their business unit as a result of the sale of their business unit in India. Our consultant managed the Transformation Program of an Asset portfolio of USD 800M ++ that involved transfer of Clients, Staff, Contract Documents and Technology system migration.

Activities also involved obtaining client & Regulatory consents / approvals to transfer the portfolio to the new buyer, organize workshops with Technology teams to conduct System migration Dress Rehearsals, finalize the Run Book and transfer of documents from the Bank Safe Vault on the Day of Transfer of Ownership.

Outcome: Successful transfer of the entire business portfolio within 10 weeks from the Sale Date with no client impact on post migration Operational Day 1


Technology and Operations Industry Benchmark and Cost optimization

A leading European Insurance company in India was interested to assess internal Technology & Operations spend and wanted to compare current organization's cost base to that of its peers in an effort to identify areas of costs reduction. Our consultants conducted a benchmarking study across key players in the Indian Life & general Insurance market to benchmark & assess areas of opportunity.

Outcome: An aggressive plan to reduce the Technology and OPS costs by 48% through various initiatives

  • Optimize Technology cost through change in IT configuration & consolidation
  • Prepare operations for growth and higher scale through use of Digital & alternative channel processing leading to STP & Instant fulfilment