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Leading Special Administrator seeks Client Asset Auditor

The Client

A leading special administrator were referred to us via a separate arm of their business due to our track record of delivering regulatory resource for a critical piece of audit work.

 

The Issue

The Special administrators were asked to support the sale of an insolvent fund custodian. For that to take place a timely audit of nearly 15,000 client accounts with circa £1bn of client assets and cash was needed.

The client had audit teams in place but were lacking the client asset audit exposure and time needed to source a short term and flexible solution.

 

Our Solution

FourthLine set up a face to face requirements gathering session on client site, with a member of the flexible resourcing team and an audit specialist in attendance. We were quickly able to identify three immediately available internal audit consultants due to our extensive candidate network and highly specialised, discipline led resourcing teams.

The whole process was completed within a number of days, with the consultant starting within a week.

"FourthLine’s focus on quality rather than quantity is refreshing. Their cutting edge here was also response time, not only the time spent in getting to know our specific requirement but the time it took to help us address the resource shortage".

Senior Manager, Specialist Administrator

 

If you'd like to discuss the ways in which FourthLine's CASS & Regulatory team can help you with your resourcing requirements, Schedule a call with Gareth below.

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Topics: Client Assets (CASS)

June 29, 2020