Our Services

Financial Services is a wide-ranging and strictly regulated domain: it has its own product characteristics, market norms, and specific terminology, which can be mastered only through solid experience and true commitment to the industry.

Over the years, we successfully operate in different areas of business, alongside financial institutions (retail, corporate, investment, consumer finance), insurance (insurance companies, distribution networks, bancassurance, brokers) and asset management (asset wealth management, financial promotors and distribution networks).

Sector-Specialised and Targeted Approach

As a niche consulting firm, we want to put the client at the centre of what we do and give them maximum attention when they face even the most challenging issues, in a world growing more complex and highly sectoralised. Specific skills, an extremely high degree of expertise and cooperation with our partners: that is how we lead our (and your) way to success.

Banking

Insurance

Asset Management

Securities & Fund

Hitting the target

We know how to deliver real change

Likewise, we at Parva work in areas ranging from product development to post-merger integration, from process re-design and organisational modelling to analysing and managing the work required to meet new regulatory requirements, from project management, business transformation programme to reviewing and advising on the client’s strategic choices.

M&A

Set-up of a regional (Eastern Europe) asset management hub
Merger of asset management companies, redefining the business and subsequent operating model
Set-up of a group insurance hub
Operational Readiness: definition and sustainability of operational models migration program – including IT components.

ORGANISATION, IT, OPERATIONS

Definition and implementation of a PMO structure in a major banking group
Implementation of an International Financial risk management platform
Review and redefinition of the key features for the Portfolio and Order Management system of a market leading asset manager
Implementation of a new Claims system in a major insurance company
Development, implementation and activation of the securities lending service for a global securities services player
Cost and activities optimisation and management of InfoProviders for a leading banking group
Processes, products and services redesign to adapt to new legal and tax regulation in an large asset management group
Definition and set-up of the “lean processes” in the Digital Bank project of an important Italian banking group.

SALES AND DISTRIBUTION

BUSINESS PERFORMANCE

DISTRIBUTION MODELS

INTELLIGENCE

FINANCE AREA

Regulatory adjustments for changes in accounting standards and other regulations
Drawing of the chart of accounts
Development of IAS/IFRS compliant accounting models for new transaction types
Migration of systems and platforms impacting Accounting, Financial Statements, Regulatory Reporting
Support in the redesign of Planning & Control processes, budget definition, short term and medium to long term planning.