Business Control Solutions, provider of management consultancy services and operational control software, has appointed Trevor Taylor to drive new business and provide advisory services to BCS’s buy-side clients.
Prior to joining BCS, Taylor was head of business development and head of client coverage at Santander Global Banking & Markets. In this role, he led and managed the business development team, which spanned the UK, Germany, the Nordics and the UAE. He was responsible for life assurance and asset management client coverage, as well as increasing business in this space.
Taylor has wide experience in fund management industry, including work in middle and back office operations.
BCS envisages changes in the business models of asset management firms that will include implementing more flexible cost structures, consolidating fund ranges and extending client services. Additionally, the changing regulatory environment will see many firms having to comply with new FSA requirements and prepare for the introduction of UCITS IV.
“Trevor Taylor brings a wealth of asset management experience to BCS, which will be invaluable in expanding our business in this market,” says Nigel Walder, CEO, BCS. “His appointment – coupled with our deep business domain expertise – means we are well placed to deliver beneficial services to asset management firms as they adjust to new market conditions.”
“BCS is highly regarded for delivering fast-track solutions to complex problems, so I’m pleased to be onboard,” says Trevor Taylor. The asset management industry is undergoing a period of unprecedented change that represents strong opportunities for our management consultancy services.”
“2009 will see many firms reviewing their businesses to optimise profit in the short term, which will involve building business models that concentrate efforts on risk management, improved investor services and operational optimisation.”
“To effectively implement positive transformations and remain competitive, firms will need to ensure their strategies are robust in the new real economy.”
L.D.