NextWave Consulting

#AppianEurope is kicking off next week in London and there's still time to register for your pass for access to hear the latest from our customers and Appian product experts on enterprise AI and process automation, and of course, top notch networking with industry peers and our partners. Thank you to our amazing partners for their sponsorship of our event - be sure to connect with them in the Innovation Showcase during the event! Haven't registered yet? Book your pass here - https://ap.pn/4chtJNU #TheProcessCompany #AppianPartners #AppianEurope

Dear NextWave Community, 🍂As we enter the Thanksgiving season, it’s the perfect time to reflect on the journey we’ve shared and express our heartfelt gratitude to our incredible clients, colleagues, and partners who make this journey so meaningful. This year has been filled with milestones, challenges, and triumphs—all made possible through trust, collaboration, and shared purpose. We’re especially thankful for: •Health and Wellbeing: In a fast-paced world, the energy and resilience of our team and community are the foundation of everything we achieve. •Family and Support Systems: Behind every accomplishment is the strength of our loved ones—your support makes all the difference. •Culture and Values: At NextWave, our commitment to collaboration, respect, and delivering value is what sets us apart. •Our Clients and Partners: Your loyalty drives us to push boundaries, solve problems, and create lasting impact every day. •Purpose and Impact: We’re grateful for the opportunity to do meaningful work that makes a difference for our clients and communities. Thank you for being an essential part of the NextWave community. Wishing you and your loved ones a safe, joyful, and fulfilling holiday season. 🌟 With heartfelt appreciation, Natalie Behan Managing Partner, NextWave Americas

Under a week to go until Appian Europe and accelerator 3 of 7 is Model Risk Manager. Regulatory scrutiny of models across Financial Institutions, from front office risk through to capital calculations, has been on the steady increase over the last decade resulting in last years supervisory statement SS1/23 on model risk management principles. Historically model governance has been undertaken through offline tracking of models including sign-off documentation, approvals and evidence with model inventories capture on spreadsheets. To automate, de-risk and improve this process we have created the Model Risk Manager leveraging our deep Financial Services experience and practical, first hand, experience of being the individuals responsible for these processes within financial institutions. Model Risk Manager addresses the following points - Model approval tracking through data collection, model build, review, implementation and then on-going monitoring  - Capture of key information about the model such as purpose, geographic coverage, materiality, modelling techniques deployed, business lines allowing filtering of the overall portfolio  - Dedicated user homepage highlighting any over-due actions  Tracking of issues, risks (and mitigating controls) against a model to make sure nothing falls between the gaps  - Automatic escalation of stages that fall outside of expected duration  Tracking of model usage capability including inputs and outputs  - Drive regulatory submission reporting with all the required submission components  - Reporting and ability to drill down to models  - Realtime automated insight to status of models  - Model Risk Manager can be swiftly tailored to your organisations policies to drive out a rapid deployment of automation and bring clarity and control. NextWave has a broad and deep experience in delivering Appian based business outcomes and undertake projects ranging from individual experts to assist with on-going projects through to owning the full project life-cycle and business change delivery.  Talk to us at Appian Europe 2024 at Booth #1 for a demonstration and to discuss how this accelerator and any of our capabilities can bring rapid benefit to your organisation. #AppianEurope #Appian #GreatBusinessOutcomes #ModelGovernance #SS1/23 #NextWave

Is your organisation ready for a Head of Data Ethics? 📊🤖 Ken Young, NextWave Americas' Board Adviser, has released the second part of our research on AI’s impact on the job market and hiring trends for entry-level roles in financial services—and the findings are eye-opening. This survey was conducted in partnership with Monmouth University, sampling a group of C-level executives, hiring managers, and students to uncover how AI is transforming job expectations. 💡The future belongs to professionals who can blend technical expertise with critical soft skills like communication, critical thinking, and emotional intelligence. And with the rising importance of data ethics, the need for a dedicated ethics leader has never been clearer. Could this be the new essential role in your organisation? 💡AI is blurring the lines between tech and liberal arts, requiring a mix of philosophy, ethics, and tech insight that most universities aren’t yet teaching. Forward-thinking organisations are reimagining roles and preparing their teams for this rapidly evolving landscape. Don’t miss out on these insights into the future of work. 🔗Read the full research article: https://lnkd.in/eAgf3hxA Contact us to discuss how your organisation can lead and upskill talent in this AI-driven world. #DataEthics #FutureofWork #AI #Research #NextWave

Exciting insights from our Digital Practice Lead Phil Kent as we gear up for #AppianEurope2024! The Regulatory Consent Command Centre, powered by Appian, is the first of our Financial Services accelerators designed to simplify, automate, and accelerate responses to Section 166s and Consent Orders. With features like real-time progress tracking, AI-enabled insights, and seamless workflows, this tool helps organisations focus on impactful business change while de-risking and expediting regulatory remediation. We’re proud to bring deep expertise in Appian-based solutions to help clients achieve great business outcomes—whether through strategy, target operating models, or full project delivery. Stop by Booth #1 at Appian Europe 2024 for a demo or to discuss how we can support your transformation journey. 🔗 Learn more about how we’re shaping the Future of Finance with Appian through our Appian Resource Hub: https://lnkd.in/erV7cNiN

Amanda Estiverne-Colas, NextWave Americas Partner, will be speaking at this fun, informative Zoom session hosted by PayTech Women, formerly Wnet. Tune in on December 4th to discover how your transferrable skills can open doors in fintech, payments and banking! https://bit.ly/3Zfswme

What do European investors need to focus on in 2025? And what exactly is the rule of 40? 🎙️ In the latest episode of the London Fintech Podcast, Tony Clark sits down with Aman Ghei, Partner at Finch Capital, to explore the dynamic and ever-evolving European Fintech landscape. Aman shares his journey in venture capital and provides deep insights into the investment trends, opportunities, and challenges shaping the future of Fintech in Europe. Aman highlights the rising prominence of local investors and the unique advantages emerging markets like Germany and the Nordics bring to the table. He emphasises the importance of capital efficiency for startups, particularly in a market where valuation complexities and economic cycles demand sharper strategies. From the booming banking sector to the untapped potential in payments and insurance tech, Aman maps out where investors should focus in this changing landscape. One standout takeaway: the mid-market advantage in Europe. Aman explains how targeting this space offers a unique edge for businesses and investors alike. He also discusses the significance of mergers and acquisitions as a key trend to watch, and how the rise of "useful AI" is enabling smarter, more impactful solutions across sectors. If you're keen to understand what’s next for European Fintech, gain insights into post-revenue investment strategies, or learn how capital efficiency is redefining success in the sector, this episode is a must-listen! 🔗 Watch here: https://lnkd.in/eMhKKHES #fintech #europeanmarkets #investmentstrategy #londonfintechpodcast #banking #payments #capitalefficiency #fintechinnovation

What are the key challenges to operationalising AI? In partnership with Monmouth University, we conducted an in-depth survey on AI industry trends and the complex challenges of operationalising AI in financial services. As the first in a two-part series, this article draws on our research with over 100 professionals across a variety of sectors—including C-Level executives, hiring managers, and university students—to uncover the core issues and opportunities in adopting AI. We focused on 3 key Insights from the Research: 💡AI as the opportunity of a generation – Leaders see AI as transformative, but emphasise the need for extensive upskilling and thoughtful planning to capture its full potential. 💡Adoption and operationalisation – While AI promises new efficiencies, many organisations find it challenging to scale AI responsibly. The technology requires robust, enterprise-wide strategies for successful implementation in FS. 💡Balancing benefits with threats – With 89% seeing AI as a game-changing efficiency tool, concerns over security, ethical use, and operational risks were also widely shared across the board. This research was guided by Ken Young, NextWave Board Adviser and Monmouth University Executive in Residence, who used insights from top C-Suite leaders and FS practitioners to assess the current and future state of AI. Our study connects academic insights with the commercial landscape to help shape the skills, expectations, and policies necessary for an AI-empowered workforce. 🔗 Read the full research here: https://lnkd.in/eqtwznSD Stay tuned for Part 2, where we will explore the upcoming skill profiles of future FS talent and how the AI landscape is influencing entry-level hiring, essential skills, and industry requirements. #research #aifinancialservices #digitaltransformation #futureofwork #operationalai

NextWave is a proud sponsor of #AppianEurope2024! Join us on December 3rd at the Intercontinental, where we'll be showcasing the latest in process automation, enterprise AI, and digital transformation. Ahead of the event, explore our new Resource Hub, packed with insights to kickstart your journey: 📈 Case Studies – Real results in Finance Transformation, Transaction Reporting, and more. 🔍 Solution Blueprints – Discover how Appian powers finance automation, operational risk, and more. ✨ What We Do – See how we solve complex challenges for our clients every day. 📞 Meet our experts – Book a call with a member of our team – Phil Kent Tony Clark Duncan Macdonald Dai Williams. 📄 Register – Sign up to attend AE through a link in our Hub. 🔗https://lnkd.in/eRXX8uxe Connect with us at the stand or reach out now to explore how Appian can transform your organisation. #processautomation #enterpriseAI #digitaltransformation #financeinnovation

The idea of "product-led growth" can be tempting, but it's often not the silver bullet that founders expect. Sometimes, the best growth strategy isn’t just a great product but a relentless drive to connect with your customers. Thank you Qin En Looi for your fascinating insights on The London Fintech Podcast! 🔗 Tune in for more of Qin En's actionable advice and fintech perspectives here: https://lnkd.in/e94BGrsw