The Finance industry is one of the most complex industries. The ever-changing trends, fluctuating economic policies, and other global situations. Rest apart, it is one of the most important industries that have a great influence on maximum industries, companies, and economies around the world.
Thus, it becomes extremely challenging and competitive for the companies in the industry to provide best-in-class solutions that not only tackle the ever-changing situations but also provide comprehensive solutions.
Today, we are in conversation with one such leader, who has been running a successful company, providing the Finance industry with a plethora of solutions, and innovative services.
MCG Consulting Services believes that all securities markets are holistically connected in today’s world. Your business demands authoritative sources to assemble your regulatory data requirements most efficiently and productively.
In conversation with Paul Murdock, Managing Partner and President, MCG Consulting Services. Let’s hear more about the company, its service offerings, and Paul’s professional journey.
Brief us about the company, what inspired you to start the company?
After spending many years in the industry as an executive at some of the most prestigious wall street firms, I believe my experience and MCG’s value proposition would play well in the financial services marketplace. My experience leading the consulting practices, in financial services, prepared me with the tools and contacts to start MCG.
What started as an “idea” is now a recognized leader in the marketplace. We are proud of the team of experienced consultants that we have assembled to engage with our clients.
What are the products or services the company focuses on? How are your services different from those in the market?
MCG helps our clients solve their most complex business problems by providing uniquely customizable professional service advice. We believe that all securities markets are holistically connected in today’s world and are one of the few companies that provide both regulatory compliance services and assistance in software development.
On the compliance side of our business, we help clients identify and mitigate compliance, regulatory, and financial risks, and on the technology side, we help clients upgrade to next-generation software systems. This dual approach to meeting our client’s needs gives them the basic foundation to achieve exemplary success.
Tell us about your team?
MCG cultivates an environment of progressiveness. We have a very collaborative culture—which works well for us and our clients. Each team member’s opinion is valued during our decision-making process.
Our team of Chief Compliances Officers has deep expertise and extensive global experiences honed at reputable agencies such as the SEC, FINRA, and industry-leading financial institutions. We have extremely diverse experienced practitioners, with proven track records, not just consultants.
Please brief us about your professional experience.
I am the Founder and Managing Director of MCG Consulting. Recognized amongst the top 100 people in Finance. I have amassed over 25 years of experience specializing in finance and compliance within the financial services industry.
Over the years of my journey, I have compiled proficiency working with many prominent companies, including serving as the Chief Compliance Officer for the world’s largest asset manager.
What are the key achievements of your business journey?
MCG Consulting is proud to be honored amongst the industry elite with recognitions such as:
- Top 10 Financial Fraud Detection Consulting/Service Companies.
- Top 10 Leading Fraud Detection and Prevention Solutions Providers.
- 50 Innovators of the Year.
- 30 Emerging Companies to Watch
We are dedicated to providing our clients with industry-leading solutions, but we are also proud to be a socially responsible solution to improve the communities we serve. We strongly advocate youth and leadership development through sponsorships and partnerships with Alpha Phi Alpha Fraternity, Inc. and have contributed funds to support educational initiatives at the Kalksteenfontein Primary School in Johannesburg, South Africa.
Any client experience you would like to highlight?
MCG Consulting commits to helping our clients solve their most complex business problems by providing customized professional advice. By implementing this principle, we were able to secure Refinitiv as a client.
Refinitiv is now part of the London Stock Exchange Group, one of our largest clients. We have served as their interim Chief Compliance Officer, through two acquisitions, for the past three years. According to Refinitiv, MCG Consulting “was the firm that could deliver”.