New Client Engagement: Super-Regional Financial Services Company
June 25, 2015
The Highland Group is pleased to announce a new client engagement with a super-regional financial services firm offering commercial and retail banking as well as wealth management services. Our client has engaged Highland to reduce cost per loan while simultaneously increasing loan throughput and revenue within its business banking division.
Our new, NYSE-traded financial services client is among the Top 25 largest U.S. financial holding companies. We will optimize the bank’s end-to-end business loan approval and underwriting processes to deliver total annualized client benefits of $8-10 million through reduction of low-value work, increased labor efficiencies and utilization, employee turnover reduction, capture of excess capacity and accelerated loan approval cycle times.