Capco is seeing growing demand for its advisory services as financial institutions look to streamline their cost bases and revamp their risk processes.

The Capital Markets team at Capco is expanding in response to this increasing demand. Davis joins Capco from Accenture where he spent 22 years after graduating from university. Jonathan worked in the UK Financial Services team where he rose to become a key member of the ten-strong UK leadership team.

Jonathan Davis, Head of Capital Markets UK, said: "In the aftermath of the credit crunch firms are reconsidering their business strategies, cost structures and internal controls. While the market remains difficult they are looking for more balanced business models. During the boom times profits were made by placing huge risk bets that camouflaged inefficiencies in a firm's infrastructure and cost model. Financial institutions are now looking to reform their business processes, streamline costs and find ways to grow in a sustainable long-term manner."

Peter Schurau, Head of Capco Europe, comments: "Process integrity has come to the fore after the scandals of the last few years. Institutions face intense public scrutiny and this is having a profound impact on their internal controls. Our clients want full transparency across their business and therefore need to address the technology integration issues which prevent them from fully understanding the operational risks they face. We are ideally placed to help them do this."