DALLAS, Dec. 29, 2017 /PRNewswire/ -- Waypoint Consulting Services, the Dallas-based firm active in the financial services, healthcare, and energy sectors, announced its latest service offering, an IT Portfolio Risk Analysis. It is designed to help financial services institutions identify hidden risks in their IT portfolios – risks that not only threaten their IT effectiveness but also their business capabilities, customer satisfaction, and revenue.
Bill Long, managing partner, said, "It is no secret that financial institutions are forced to devote extensive IT resources to bolster their IT effectiveness. The pressure comes from many sources – regulators and compliance concerns, cybersecurity threats, the urgency of modernizing legacy systems and outdated or complex infrastructure from M&A – all aggravated by a shortage of IT talent. That pressured environment can blind management to the full scope of risk in their IT portfolio, and that in turn can create significant business risk."
Waypoint's IT Portfolio Risk Analysis gives institutions a full view of their entire technology footprint and asset management, highlights the attendant risk and its business implications across multiple domains, and manages the remediation of known risks for the bank and its customers.
Bill Stuart, Waypoint chief executive and managing partner, said, "Organizations that pro-actively address these risks greatly reduce business discontinuity and enhance innovation by ensuring IT efforts remain focused on capital accretion and business development; rather being forced to constantly address risk remediation tasks."
About Waypoint
Waypoint is a consulting services company formed by partners deeply experienced across industries and geographies to advise leaders on strategy and business transformation, M&A, growth and client life cycle, risk and regulatory compliance, cybersecurity, data security and privacy, information technology and operations. The company is based in Dallas, Texas. www.trustwaypoint.com
Waypoint Contact: Mark Renfro, managing partner, Waypoint Consulting Services, [email protected], 972-322-8863
Media Contact: Ann Cain, Waypoint Communications, 214-632-3300
SOURCE Waypoint Consulting Services
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