Internal Audit Co-Source

This leading international investment manager constantly has to adapt to a fast-changing environment of regulations and governance. They engaged BSS to provide a co-source audit service to deliver a number of extensive audits which covered a wide range of key business services.

The challenge:

The audit function undertakes a number of UK and international audits with a very small core team.

Consequently, they are reliant on co-source support to undertake their annual audit plan. This support is needed to deliver the plan and ensure the organisation stays compliant with current and future legislation, and by engaging external expert audit professionals, the core team is developed by being kept up-to-date with industry best practice.

The solution:

BSS has a wealth of expertise to draw from, in the form of its bench of internal auditors and subject matter experts who can support audits with specialist knowledge when required.

Along with the client, BSS identified and prioritised audits across key business sectors.

These audits included portfolio monitoring, JSOX, ESG (Environmental, Social, Governance),layered process audits and network pen test; firewall management.

The delivery of the audits was to such a high level that the scope of work was increased to include audits of overseas business departments and services.

The outcome:

The audit services provided by BSS have been retained for over 2 years which is testament to the quality of work delivered. As it stands, demand remains, and BSS continues to be on hand to service the audit plan.

Empower change through Barclay Simpson Solutions’ bespoke delivery model

Your vision for change and improvement shouldn’t be compromised by blueprint consultancy delivery models. Barclay Simpson Solutions creates bespoke, tailor-made and adaptable solutions to suit the individual needs of your organisation and your project. Get in touch today to discuss your needs:

BSS
Tel: 020 7936 8999   info@bss.uk.com