Source: Screen Consultants
Screen Consultants B.V., Stavros Skarlatos and George Karvounakis have entered a strategic relationship that will include joint consulting project delivery in Greece, Cyprus and Turkey, and provide Screen a sales and support presence for its INFOmatch and ScreenAssist products' growing southeast European customer base.
Through the offering, Screen will be able to help banks, broker/dealers, asset managers and exchanges develop effective, practical solutions to their strategic and technology challenges. Practice areas will address market data management best practices, operations workflow, cost control and compliance environments, as well as product design and development, product management, and integration issues. In addition, several new product initiatives, such as an outsourced Market Data Management service are offered.
According to Peter Fruitema, CEO of Screen Consultants, "Our company's decision to expand its presence into Greece was based on an increased focus on cost control and need for expertise to support rapid change in the business and regulatory environment. George and Stavros represent the type of professional services expertise our clients deserve."
"Increasingly, customers are seeking help in managing market information spending and designing their workflow and operations strategies," said Stavros Skarlatos, Greece Representative of Screen Consultants. "The pace of regulatory change and margin pressure due to market volatility and consolidation has created new challenges. Coupled with skill shortages and time-to-market requirements, this has placed uncompromising pressure on our client organizations. With Screen's global presence and more than 150 clients, our relationship offers us a way to meet the needs of our clients, while offering Screen a local presence." George Karvounakis added.
"Our expanded offerings will help customers approach their business opportunities in a results-oriented, practical way," Fruitema continued. "Both George and Stavros have broad experience with many diverse technologies. Because they have worked with many of the top Financial Services firms, software publishers, outsourcers and systems integrators, they offer unparalleled expertise on how to provide solutions to financial service firms."
To compliment the Screen product offerings, the comprehensive Financial Services consulting offering will concentrate on three specific areas:
Trading Floor Services: This practice will expand to provide support for companies dealing with the demands of market data and trading floor infrastructure including telecommunications. Areas of emphasis include market data utilization and audit, business continuity solutions, and administrative processes and workflow, among others.
Securities Operations Project Management: This practice will assist companies in developing cost effective operations, workflow to support new business entry, and STP and T+1 project management. Its charter is to help banks, broker/dealers, and asset managers deal cost effectively with operational issues in a time of tremendous cost pressure and regulatory change.
Management Consulting Services: Through this practice business and IT managers meet the demand for effective strategy and implementation project management. Offerings will include operations analysis, acquisition due diligence, technology evaluations and RFP development, strategic marketing and product management, and new product development. Services will be offered to banking, brokerage, and asset management customers who are challenged by the proliferation of regulatory changes and cost containment requirements.