Banking and Insurance services are the growth engine for most businesses, yet they themselves require ongoing development to maximize their own performance. Recent trends have created some unusual circumstances, placing far greater pressure on the business for the coming years. West Monroe Partners is well equipped to help banking and insurance organizations address key challenges by focusing on four industry success factors: growth, customer care, risk management and analytics, and enterprise support (technology). Read More »

Increased volume. Interest rate variability. The evolution of electronic trading. More sophisticated customer demands. In an environment where milliseconds matter, any amount of downtime can have a significant—and potentially devastating—financial impact. When it comes to selecting a consulting partner to address these demands, there is no substitute for experience. West Monroe Partners brings deep capital markets and trading industry knowledge and experience, gained through years of helping leading trading firms address key business and technology issues and deliver on strategic initiatives and vision. Our professionals work daily in the trading industry and know what it means to operate in 24x7, fast paced, high-uptime, and complex environments. Members of our team have served in operational roles—for example, acting chief information officer—at trading firms for extended periods of time. And, we are one of only a few consulting firms granted associate membership in the Futures Industry Association. Read More »

Demand for energy continues to rise. Department of Energy studies suggest that, over the next 25 years, alone, electricity usage will be increase by 50 percent due to increased population, economics, and increases in fossil fuel costs. To address this substantial increase, utilities will need to look to all sides of the supply equation and undertaking significant transformations in their operations. Generation and grid efficiency, along with intelligence, can help. Over the next decade, most electric utilities in the United States will deploy Smart Grid solutions and Advanced Metering Infrastructure in some or all of their networks. Read More »

As healthcare costs continue to rise executives are required to make intelligent strategic and operational decisions to maintain a competitive advantage. West Monroe Partners has a strong track record for helping healthcare organizations realize value through solutions that include IT strategy, merger integration, IT systems integration, business process optimization, and project management. We have substantial experience in key industry issues: pharmacy systems, claims processing and third-party administration, coordination of benefits, drug utilization review, high-volume processing, and more. Read More »

West Monroe Partners has significant experience with the key challenges affecting manufacturing and distribution organizations, including consolidation, regulatory involvement, margin erosion, and vendor demands. We help manufacturing and distribution companies improve multi-channel customer experience, reduce costs, improve customer and product profitability, streamline and improve business processes, benchmark performance against others, establish current infrastructure, improve communication, and deliver products cost effectively and on time. Read More »

There are many factors that determine the ultimate success of an acquisition. One of the most important - but often underestimated - is the ability for the systems to support rapid growth or to integrate with a portfolio of companies' data and systems while maintaining business as usual. West Monroe Partners has worked on more than 200 transactions, including IT and operational due diligence assessments, identifying IT-based intellectual property, understanding compatibility between organizations, IT teams and operating procedures, and assessing the ability to scale a company's infrastructure according to business expectations - across a range of industries, with significant results for leading private equity firms. Read More »

Although there are many business and technology solutions designed to help the corporate world address key challenges, those solutions don’t always fit the unique needs of professional services firms. Professional services firms are unique organizations that need to focus on containing costs while enhancing their product: their people. Read More »