Global management consultancy AT Kearney has made moves to significantly extend its capability in the financial services sector by joining forces with Business Development Partners (BDP).
The team of five senior consultants from BDP, a boutique management consultancy servicing some of Australia's largest financial institutions, joined AT Kearney's operations in Sydney and Melbourne this month.
The move is a vote of confidence in the continued growth and performance of Australia's financial institutions in 2009, AT Kearney managing director David Hovenden said.
"As leading financial services companies look to review their operations to increase their top line and market share, we expect a growing demand for AT Kearney's services," he said.
"The additional resources provided by BDP will be essential to meeting this demand."
BDP's strong track record in consulting to a range of blue-chip institutions would add significant depth and breadth to the AT Kearney team, Hovenden said.
"BDP's specialist financial focus also aligns perfectly with AT Kearney's strategy to increase market share in this sector during 2009," he said.
"BDP has strong expertise in the financial services sector, working with major banks and specialising in retail and corporate banking, investment banking and superannuation funds administration."
BDP managing partner James Deighton said the new team combines BDP's knowledge and expertise working with leading financial services companies in Australia, with AT Kearney's respected international experience.
"We have considerable synergies with AT Kearney, its client base and its practical approach to consulting, so this decision makes good sense for both of us," he said.
