Our Experts
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Soren Mortensen
- deputy managing partner
- consulting services europe
- +44-20-8081-2757
- soren.mortensen@sungard.com
Soren Mortensen is the deputy managing partner in the London office of SunGard Consulting Services. He is recognized in Europe as an experienced consulting professional with almost 20 years of experience in the financial markets. Mr. Mortensen’s expertise covers the areas of data management, risk management (including Basel II), business process re-engineering and the management of complex post-merger integrations of large, global financial organizations.
Context
Soren Mortensen has considerable experience in delivering enterprise-wide risk management projects for financial institutions both in Europe and globally. Having worked for several leading financial services companies, Mr. Mortensen brings a practitioner's view to his projects and customers. With his expertise in the area of risk management, he was the main architect of SunGard Consulting Services' offering for Basel II. One of the main components of this offering was data management, which is now a service offering in its own right. Mr. Mortensen also leads the continuous development of SunGard Consulting Services' solutions for the alternative investments sector.
Commentary
Business infrastructures are being tested by current economic conditions. It is increasingly important to identify partners who have the practical industry expertise, knowledge of business processes and advanced technology skills to deploy tangible business and IT solutions quickly and with limited project risk. On the Basel II front, significant data management requirements continue to make compliance a challenge. Major financial institutions are struggling particularly with matching and reconciliation of key data, even as their Basel II projects have reached maturity. In the alternative investments sector, the combination of business and regulatory pressures is proving to be a challenge for individual fund managers. As such, more robust business models are being developed that leverage industry best practices and the right supporting technology.