The Difference. Experience.

We have delivered more than 1,000 projects, leveraging teams of experts across business transformation, technology and stakeholder management.

Change is a journey, and we have the knowledge and experience to support you at every stage.

Regulatory Compliance

The regulatory landscape is shifting as firms face ever-tighter standards. We help you understand and navigate these changes.

READ MORE

Finance Transformation

We help firms across various industries design the blueprints and source the solutions for their future state finance architecture.

READ MORE

Business
Change

From tactical and day-to-day projects to long-term strategic programs, we work with firms to deliver meaningful business change.

READ MORE

Delivering Successful Projects

Download our thought leadership article, The Five Elements to Project Success, from Millennium Consulting CEO Phil Keet to find out how our expertise and experience can give your business an advantage.

REGULATION
COMPLIANCE

Navigate a Shifting Regulatory Landscape


IFRS 9

Designed to cover financial instrument handling, IFRS 9 came into force in 2018. However, many firms still do not have the tools to streamline their processes and simplify compliance. We have the knowledge to identify and implement solutions that reduce the operational cost of meeting requirements.

FACTSHEET

IFRS 15

IFRS15 was developed and brought into force from 2018 to bring transparency to revenue recognition. Its business impact goes far beyond the finance function, so our practitioners work closely with firms to where the latest technologies can help them deliver compliance as efficiently as possible.

FACTSHEET

IFRS 16

In force from January 2019, IFRS16 adds complexity to the lease accounting process, increasing the time and effort it takes firms to complete – along with the added risk of inaccuracy. We use our expertise to advise on and source solutions that reduce the burden of compliance on the finance department.

FACTSHEET

IFRS 17

Due to come into effect from 2022, IFRS17 represents a significant change in the regulatory framework for insurance contracts. Firms need to be ready to handle huge data flows at pace, so we help them better understand the new requirements and how the latest cloud-based systems provide a clear route to compliance.

FACTSHEET

GAAP

While designed to bring greater consistency to US accounting standards, generally accepted accounting principles (GAAP) create a major challenge for firms as they navigate a complex mixture of rules and requirements. We help businesses create an effective pathway to compliance while delivering improved insight into business performance.

FACTSHEET

MiFID II

Arriving in 2018, MiFID II expanded the scope of the original harmonised standard for investment services across the European Economic Area. Our experts help finance teams tackle the additional complexity of compliance, identifying solutions that streamline the process.

FACTSHEET

BASEL III

Developed to strengthen risk management, governance and transparency banking, Basel III was a far-reaching reform of regulation in the sector. We help firms understand and manage its impact on their business while laying the foundations for compliance with the forthcoming Basel IV standard.

FACTSHEET

SOLVENCY II

Solvency II is designed to consolidate regulations for insurance firms across the EU into a single standard while ensuring adequate levels of consumer protection. Leveraging our industry expertise, we help organisations create efficient processes that deliver an effective route to compliance.

FACTSHEET

LDTI

Designed to improve the flexibility of finance systems under GAAP, LDTI will involve significant changes to systems, processes and data for many firms. We guide organisations in identifying and implementing these changes to meet the standard’s requirements by its January 2022 deadline.

FACTSHEET
FINANCIAL TRANSFORMATION

Designing the Future of the Finance Function

We help you reimagine your finance architecture, create a thriving digital culture and unlock the power of your data. Our proven approach provides a framework for designing, building and sustaining a world-class global finance organisation.

Discover

We work with you to define the problem, make the case for change and create a roadmap.

Design

From planning and resourcing to stakeholder buy-in, we help you turn ambition into reality.

Solve

We develop the processes and source the solutions required to meet your project needs.

Deploy

We help you to implement new systems and solutions, from deployment to documentation.

Support

Our experts provide dedicated support and user training once your solution goes live.

Rules Engine and Subledger Technology:
What Every CFO Needs To Know

This guide aims to provide an insight into the use of subledger technology, its benefits to the CFO, how it can help address specific compliance requirements and what should be looked for in a subledger.

BUSINESS CHANGE

Delivering Successful Change Projects

Business change is not just about long-term, strategic programmes. It is also driven by day-to-day projects and tactical reactions to market challenges. We work closely with business areas and PMO teams to deliver in all areas, empowering you to improve customer experience and take advantage of technologies like the Internet of Everything.

News & Updates


At Millennium Consulting, we are as dynamic as our solutions and services. Take a look at our latest news, events, press releases and updates to find out more about everything we have going on.

VIEW ALL NEWS