Avantage Reply (a member of Reply Group) is a pan-European specialised management consultancy delivering change initiatives in Risk, Compliance, Finance (Capital Management and Regulatory Reporting), Treasury and Operations within the Financial Services industry. Within our core competencies, we have extensive experience in implementing changes driven by: • Industry-wide legislative and regulatory initiatives (e.g. CRD IV, ring-fencing); • Mergers, Acquisitions & Divestments (e.g. business combination, separation and flotation); and • Business improvement and optimisation agendas (e.g. risk appetite and capital allocation) Since 2004, we have rapidly grown from a UK focused boutique consultancy into a reputable pan-European firm. We continue to adhere to our core philosophy of using innovation and pragmatism in helping firms to deal with complex regulatory and business issues. We differ from the larger consulting firms in our specialised subject matter focus and have an excellent reputation for delivering on our clients’ most challenging issues.