SOURCE: BearingPoint

October 09, 2008 13:22 ET

BearingPoint Sheds Light on Financial Crisis With Four-Part Podcast Series

Experts Discuss Strategies for Market Survival With Emphasis on Risk, Data and Loss Mitigation

MCLEAN, VA--(Marketwire - October 9, 2008) - BearingPoint, one of the world's largest management and technology consulting firms, has responded to the economic crisis with a four-part podcast series titled "Financial Markets 2.0: Strategies for Market Survival" that is now available on the Web. The podcasts serve to educate listeners on the current financial crisis and equip them with forward-thinking, efficient and preventative strategies and solutions for risk, data and loss mitigation. All BearingPoint podcasts are free and immediately available for download on the BearingPoint page of Podtech.net.

-- The first podcast in the series, "Surviving the Credit Crunch: Tactics and Strategies for Risk, Data and Loss Mitigation," features BearingPoint senior vice president of Global Capital Markets Peter Horowitz. Peter discusses what led to the current economic turmoil and provides recommendations for reorganizing, revamping and streamlining financial organizations for a successful future.

-- Sandeep Vishnu, a managing director in BearingPoint's Global Risk, Compliance and Security practice presents "Risk Strategies for Market Survival." Sandeep discusses today's fundamental need for greater risk transparency and governance, and the necessity of making structural changes to establish a balanced, risk-based culture.

-- The next podcast features Brian Hart, a managing director in BearingPoint's Finance, Risk and Compliance practice and is titled "Surviving the Credit Crisis: Best Practices for IM and Data." In this podcast, Brian discusses the data management issues financial organizations must tackle, including the need for more robust and integrated views into risk and performance, and he looks past the current crisis to offer projections regarding changes to expect from regulators going forward.

-- The final podcast in the series, "Surviving the Credit Crunch: Tactics and Strategies for Loss Mitigation," features Lowell Alcorn, a managing director in BearingPoint's Lending and Leasing practice. Lowell discusses what lending and leasing executives can learn from the current financial situation, recommendations on facing new challenges brought on by the credit crisis, and what it all means for the end customer.

BearingPoint regularly produces podcasts that focus on various topics, themes and strategies within the financial services industry. Every day, BearingPoint's consultants work with clients to overcome a wide array of business challenges with creativity and insight.

Quote, Attributable to Paul McDonnell, BearingPoint's Financial Services Practice Leader

"With the financial services industry reeling from the ongoing turbulence in our economy, BearingPoint seeks to bring actionable expertise and new thinking to the table with our latest podcast series. In creating Financial Markets 2.0: Strategies for Market Survival, we hope to educate the financial community with insight and strategies for a successful future in which organizations are equipped to take informed, preventative steps in ensuring this sort of crisis does not repeat itself."

About BearingPoint, Inc.

BearingPoint, Inc. (NYSE: BE) is one of the world's largest providers of management and technology consulting services to Global 2000 companies and government organizations in more than 60 countries worldwide. Based in McLean, Va., the firm has approximately 16,000 employees focusing on the Public Services, Commercial Services and Financial Services industries. BearingPoint professionals have built a reputation for knowing what it takes to help clients achieve their goals, and working closely with them to get the job done. Our service offerings are designed to help our clients generate revenue, increase cost-effectiveness, manage regulatory compliance, integrate information and transition to "next-generation" technology. For more information, visit the Company's Web site at www.BearingPoint.com.

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