Latest news with #BearingPoint


Business Wire
4 days ago
- Automotive
- Business Wire
CA Auto Bank S.p.A. Niederlassung Deutschland achieves ESMA regulatory compliance and operational excellence with BearingPoint's securitization services
AMSTERDAM--(BUSINESS WIRE)--As a trusted financial partner to the European automotive industry, CA Auto Bank S.p.A. Niederlassung Deutschland is committed to regulatory compliance, data transparency, and operational excellence. In response to enhanced ESMA requirements for securitization transactions, the company selected BearingPoint, leveraging its deep expertise in regulatory reporting to implement a strategic response. Recognizing the strategic relevance of this project, CA Auto Bank's German branch seized it as an opportunity to modernize and strengthen its reporting infrastructure. Together, we have built a robust, future-proof reporting framework that ensures compliance today and provides flexibility for tomorrow's regulatory challenges. Share Consolidating large volumes of loans and leasing data from multiple internal and external systems was often a time-consuming and error-prone process. Consequently, CA Auto Bank S.p.A. Niederlassung Deutschland wanted to minimize manual effort, reduce operational risk, and create sustainable, scalable workflows. Since being compliant was essential to maintaining credibility and avoiding penalties, the bank needed to upgrade its legacy processes to meet stringent European standards with robust data management and advanced reporting capabilities. Implementing a future-proof solution for ESMA reporting After evaluating various alternatives, CA Auto Bank S.p.A. Niederlassung Deutschland selected BearingPoint's securitization services, based on the solution's ability to meet the bank's specific needs. BearingPoint leveraged its extensive competence, ensuring alignment with the unique business characteristics of the company. The project team first assessed data sources, reporting requirements, and regulatory standards to prepare for integrating the securitization tool into the client's IT system. The next phase involved standardizing the data models and mapping internal datasets to ESMA templates. The platform's technical configuration was executed with minimal disruption of the bank's ongoing operations. The BearingPoint team conducted rigorous testing cycles to ensure the accuracy and reliability of the data, while also meeting all relevant regulatory standards. Lastly, BearingPoint ensured a timely go-live of the reporting solution, along with comprehensive user training and operational support to facilitate smooth adoption. The project was delivered within the agreed timeframe, demonstrating effective collaboration and agile project management between the bank and BearingPoint teams. This partnership not only refined the bank's reporting capabilities but also assured compliance with stringent regulatory requirements. 'Our longstanding collaboration with CA Auto Bank S.p.A. Niederlassung Deutschland in the area of ESMA reporting has been marked by trust, expertise, and a shared drive for excellence. Supporting them with our ABS Services solution to meet evolving regulatory requirements was a natural continuation of our partnership. Together, we have built a robust, future-proof reporting framework that ensures compliance today and provides flexibility for tomorrow's regulatory challenges,' said Donald Wachs, Global Leader BearingPoint Products. Achieving increased operational efficiency and adherence to financial regulations By deploying BearingPoint's securitization-as-a-service solution, CA Auto Bank S.p.A. Niederlassung Deutschland embarked on a transformative journey that significantly boosted its operational and regulatory capabilities. The bank achieved full compliance with ESMA reporting standards, effectively mitigating regulatory risks and ensuring adherence to stringent technical requirements. Automating key steps in the reporting workflow streamlined processes and reduced reliance on manual labor. With accurate and timely financial data, CA Auto Bank S.p.A. Niederlassung Deutschland notably improved its data governance. The agile and scalable reporting infrastructure helps the bank respond quickly to new regulatory demands. Additionally, the solution's flexible architecture allows for future upgrades. This increase in operational efficiency enables leadership to focus on strategic initiatives, ultimately reinforcing our client's market reputation as a reliable financial institution committed to transparency and compliance. 'Partnering with BearingPoint has been pivotal in not only meeting the regulatory challenges posed by ESMA but also in strengthening our overall reporting infrastructure. The seamless integration of their ABS Services solution has enabled us to automate complex reporting tasks, improve data governance, and position ourselves for future regulatory changes with confidence,' said Heike Simon, Controlling and ABS expert at CA Auto Bank S.p.A. Niederlassung Deutschland. About CA Auto Bank S.p.A. Niederlassung Deutschland As part of the CA Auto Bank Group, CA Auto Bank S.p.A. Niederlassung Deutschland has been successfully operating on the German market as an Autobank since 1929. It is one of the well-known providers of financial services in the automotive and recreational vehicle sector nationwide. With various financial and insurance offers, CA Auto Bank serves a large number of well-known car brands under one roof. The brands are managed organizationally and marketed and supported in a targeted manner in a manufacturer- and customer-oriented manner. In addition, CA Auto Bank combines all financial services for Europe's leading caravan and motorhome manufacturers under one roof. For the continuous development of new solutions for efficient customer loyalty, CA Auto Bank S.p.A. Niederlassung Deutschland is in close contact with its parent company, CA Auto Bank S.p.A. It is a financial services company specializing in the automotive sector that operates in all major European markets. About BearingPoint BearingPoint is an independent management and technology consultancy with European roots and a global reach. The company operates in three business units: Consulting, Products, and Capital. Consulting covers the advisory business with a clear focus on selected business areas. Products provides IP-driven digital assets and managed services for business-critical processes. Capital delivers M&A and transaction services. In addition, BearingPoint runs the joint venture Arcwide, focused on business transformation and consulting excellence based on IFS. BearingPoint's clients include many of the world's leading companies and organizations. The firm has a global consulting network with more than 10,000 people and supports clients in over 70 countries, engaging with them to achieve measurable and sustainable success. BearingPoint is a certified B Corporation, meeting high standards of social and environmental impact.


Business Wire
10-07-2025
- Business
- Business Wire
BearingPoint and ABeam Consulting strengthen strategic alliance
AMSTERDAM--(BUSINESS WIRE)--Europe-based management and technology consultancy BearingPoint and Japan-based ABeam Consulting (ABeam) have further strengthened their existing strategic alliance by establishing an enhanced structure that enables them to provide global consulting services with high added value. The two consultancies support growth-oriented companies with seamless cross-border services by leveraging their unique global network. This includes meticulous consulting services tailored to local business practices and customer agendas, and Global Capability Centers (GCC) that incorporate offshore digital capabilities complemented by nearshore Centers of Excellence (CoE) for business innovation and transformation. BearingPoint and ABeam have further strengthened their existing strategic alliance by establishing an enhanced structure that enables them to provide global consulting services with high added value. Share Background Amid rapid technological progress, new evolving global markets, and ongoing societal and economic shifts, companies are facing not only new challenges but also exciting opportunities for innovation and growth. In this context, comprehensive business and technology transformation is a strategic imperative for organizations seeking to stay competitive and relevant in a changing world. BearingPoint and ABeam support their clients globally in navigating these transformations with a seamless alliance structure and an integrated approach. With a joint service portfolio combined with deep local expertise - in language, culture, and market dynamics - the two firms are uniquely positioned to deliver end-to-end value in global transformation initiatives. Together, they empower businesses to adapt, grow, and succeed in international environments. Overview of the enhanced structure In order to resolve these issues and support companies that aim for global growth, BearingPoint and ABeam have established the following setup: In addition to the scope of their existing alliance focused on Europe and Asia, BearingPoint and ABeam will strengthen their business transformation capabilities in the Americas, where further transformation and business growth is expected. The two firms will expand their system to provide more close-in support for business transformation needs, which will enable them to provide meticulous consulting services that consider the business environment, management agendas and business practices specific to each country in every region. Local Practices in each region provide the capabilities, human resources, and technologies necessary for transformation, while supporting customers with a structure that amplifies value propositions such as quality and cost effectiveness. Global Capability Centers (GCC) from both firms incorporate offshore digital capabilities leveraging India's rapidly growing human resources, expertise, and digital technology capabilities. This is complemented by nearshore Centers of Excellence (CoE) for business innovation and transformation. BearingPoint and ABeam aim to continue providing consulting services with a truly seamless structure so that they can address global business issues and transformations that require adaptation to environments different from those in clients' home countries. They will help companies grow globally and create new value by combining the expertise and capabilities that both of their companies bring to bear in diverse fields. Matthias Loebich, Managing Partner, BearingPoint, comments: 'Since 2011, BearingPoint and ABeam Consulting have been united in a trusted, global long-term strategic alliance. This strategic alliance has enabled both firms to extend our capabilities and client offerings in Europe and Asia. We treat each other as preferred partners in our respective markets, cooperating on both pre-sales and project delivery activities. By leveraging our unique infrastructures and resources, together we provide business consulting services to existing and new clients globally. Over the last years, we not only successfully won and supported numerous global transformation projects in our existing customer base, we also won and supported new customers for both firms. Among these were several global transformation projects for multinationals. Our partnership is fundamentally different from other alliances and firms: it is not opportunistic and transactional, but deeply rooted in mutual trust and respect, shared values, and a long-term commitment to co-creation and impact. There is more to come. And I am looking forward to taking further impactful steps with ABeam as we move ahead together.' Takahiro Yamada, President and CEO, ABeam Consulting, comments: 'As a consulting firm originating in Asia and Japan, we have provided a wide range of consulting services to diverse companies and organizations mainly in Japan and Asia, from the formulation of transformation plans to their realization using digital technology. Our professionals have diverse expertise and a deep understanding of local business practices and cultures in various regions and are committed to helping clients sustain change. Uncertainty in the business environment is increasing amid the social issues and economic changes that come with Japan's declining birthrate and aging population, as well as geopolitical risks and environmental issues affecting the global economy. Amid such enormous changes in the business environment, we and BearingPoint share a mutual understanding of the importance of sharing the experiences of success gained through our many years of collaboration and improving our value proposition to customers. Through the reinforcement of our collaboration with BearingPoint, with whom we have built a unique relationship of trust, and through establishing a new organizational structure, we will provide our clients all over the world with truly seamless, consistent consulting services with high added value. We will continue to contribute even more as a real partner that creates economic and social value through customer transformation.' About ABeam Consulting ABeam Consulting is an integrated management consulting firm that provides global services tailored to each country and region through its worldwide network centered in Asia. The wide range of consulting services it provides include strategy, BPR, IT, organization/personnel, outsourcing and other domains of specialized expertise. Roughly 8,800 richly experienced professional ABeam consultants advise in the areas of finance, manufacturing, distribution, energy, information communications, as well as industry, and organizations in the public sector and other sectors. ABeam Consulting creates the future together with corporations and other organizations. As a creative partner leading the way reliably through change, we contribute to industrial and societal change. About BearingPoint BearingPoint is an independent management and technology consultancy with European roots and a global reach, which delivers business transformation using technology intelligently. The company operates in three business units: Consulting, Products, and Capital. Consulting covers management and technology consulting with a clear focus on selected business areas. Products provides IP-driven solutions and managed services for business-critical processes. Capital delivers deal advisory and transaction services. In addition, BearingPoint runs the joint venture Arcwide, focused on business transformation and consulting excellence based on IFS. BearingPoint's clients include many of the world's leading companies and organizations. Together with its strategic alliance partner ABeam Consulting the firm has more than 14,000 people and supports clients in over 70 countries to deliver seamless business transformation with sustainable impact. BearingPoint is a certified B Corporation.


The Star
07-07-2025
- Business
- The Star
Bad loan burden grows for German banks in 2024 amid spike in insolvencies
FRANKFURT, July 7 (Xinhua) -- Non-performing loans (NPLs), also known as "bad loans," rose sharply in Germany in 2024 due to a surge in corporate insolvencies, according to a study by the consulting firm BearingPoint published on Monday. Among all European countries, Germany recorded the steepest increase in NPLs, rising by 24.9 percent in 2024. By contrast, the average NPL increase among the 163 European financial institutions examined was just 1.1 percent, the study found. According to the European Central Bank (ECB), a loan is classified as non-performing when the borrower is likely to be unable to meet repayment obligations on time. These loans, often referred to as "bad loans," pose a significant risk to banks when borrowers fail to make scheduled payments despite initially appearing financially stable. The sharp rise in NPLs in Germany was primarily attributed to a spike in corporate insolvencies, as well as significant losses and defaults in commercial real estate lending, BearingPoint said. More than 21,900 German companies filed for insolvency in 2024, marking a 23.1 percent year-on-year increase, according to figures from CRIF, a global provider of credit information and risk management solutions. This represents the highest number of insolvencies in Germany since 2015. CRIF noted that multiple overlapping crises, including high energy costs, ongoing supply chain disruptions as well as geopolitical and political uncertainty, have contributed to financial instability for many German businesses. Persistent high levels of NPLs could threaten bank profitability and reduce the capacity to lend to businesses and consumers, warned an article from the European Commission's Directorate-General for Financial Stability, Financial Services and Capital Markets Union. Financial analysts have pointed out that a growing burden of bad loans could significantly exacerbate Germany's economic slowdown, particularly given the country's strong dependence on commercial real estate lending and corporate financing amid broader EU-wide recovery efforts.
Yahoo
03-07-2025
- Automotive
- Yahoo
Global Electric Mobility: Insights From BearingPoint and HRI Show Technology on Par, but Market Attractiveness Depends on Infrastructure, Price, and Trust
The new E-Mobility Attractiveness Index from BearingPoint and the Handelsblatt Research Institute (HRI) reveals a shift in the global EV market: Chinese brands are gaining ground, and German manufacturers are defending their home turf. China leads the market in the global comparison, with the US, Germany, and especially France trailing. AMSTERDAM, July 03, 2025--(BUSINESS WIRE)--As battery electric vehicles (BEVs) reach similar levels of technological maturity worldwide, other factors are now decisive in shaping market attractiveness and influencing consumer purchasing decisions. The new 2025 E-Mobility Attractiveness Index by BearingPoint and the Handelsblatt Research Institute compares for the first time the four major auto markets: China, France, Germany, and the US. The index aims to assess how BEVs are perceived in each market — based on objective data and country-specific surveys of drivers — and to identify the key factors influencing market success. China leads the index with a score of 133.5 points (baseline 100), followed by the US (114.4), Germany (108.4), and France (94.6). The technological foundation of available BEVs — including range, charging speed, and energy consumption — has become increasingly similar across models in all four countries. As a result, competition is shifting away from the technology itself toward infrastructural and policy frameworks, as well as brand trust. "China's lead is strategically grounded but not insurmountable. It stems from years of political initiatives, massive support for domestic automakers, targeted market regulation, and consistent technology transfer. Europe can remain competitive if it creates innovation-friendly frameworks, keeps international markets accessible to European manufacturers, regulates and promotes more swiftly, and maintains its focus on quality, digitalization, and sustainability," says Sven Jung, Director of Economic Analysis & Financial Planning at the Handelsblatt Research Institute. Charging infrastructure determines everyday usability The importance of charging infrastructure is particularly evident. In China and Germany, BEV customers benefit from a high density of public charging stations, which provide reliable coverage not only in urban areas but also across rural regions. In contrast, France and the US have a patchy charging network — especially in rural areas and large cities without access to private charging — which significantly limits everyday usability and, thus, market penetration. "For a charging infrastructure to be truly usable in everyday life, two key factors are essential. First, it must be so well-developed that drivers no longer need to plan routes around charging stations. And second, fast-charging points are crucial to ensure that charging itself doesn't result in significant time loss," comments Sven Jung. Monetary aspects are crucial, but are heavily influenced by policy The index results also show that while monetary factors, such as vehicle prices and electricity costs, remain central to purchasing decisions, they are heavily influenced by policy. In China, electric vehicles are especially affordable due to government subsidies, low electricity prices, and cost advantages from mass production. In contrast, high electricity costs and the removal of purchase incentives in Germany reduce BEV market attractiveness. Moreover, high EU tariffs weaken the competitiveness of Chinese models. In response, manufacturers like BYD and Leapmotor are investing in production facilities in Europe. "Price, incentives, and power: e-mobility will only reach the mass market when purchase incentives, charging infrastructure, and fair electricity prices come together — and here, also governments have a role to play. In Germany, for example, a targeted reintroduction of purchase premiums, tax incentives to regulate electricity prices, and a rapid expansion of the charging network could have a significant short-term impact. In the medium term, promoting affordable BEV models, combined with OEM innovation and scaling, as well as investment in semiconductors, battery cell production, recycling, and the development of local value chains, will be key," explains Manuel Schuler, Global Leader Automotive and Industrial Manufacturing at BearingPoint. Trust is also a critical but often underestimated success factor Trust in manufacturers also plays a central role, especially in international brand comparisons. In all four examined markets, domestic brands perform best: BYD in China, Renault in France, VW in Germany, and Tesla in the US. With 155.9 points, BYD achieved the highest individual score in the Attractiveness Index. However, these brands lose significant attractiveness in foreign markets, highlighting the strong influence of regional brand loyalty and trust on purchase decisions. Chinese manufacturers like BYD and MG, despite their technological maturity, struggle with image issues in Europe. The trust advantage of German brands — particularly in the premium segment — remains a strategic asset, though it is increasingly under pressure, especially among younger and more brand-agnostic consumers. "Chinese OEMs are technically competitive, but they need to build trust through better branding and a reliable local presence. Successful market entry requires a long-term commitment, competitive pricing, a strong understanding of local customer needs, and a market-specific brand strategy. Only then can they translate their technical quality into actual market success," says Manuel Schuler. About the Study The E-Mobility Attractiveness Index was developed in 2024 by BearingPoint and the Handelsblatt Research Institute for the German market. It reflects the attractiveness of battery electric vehicles (BEVs) to potential buyers within a given market. In 2025, the index was also calculated for China, France, and the US. The index is based on a survey of drivers in each country regarding trust in manufacturers' quality promises and perceptions of digital innovation, along with objective parameters such as price, range, charging speed, electricity costs per 100 kilometers, and charging station density. These factors are weighted differently according to their importance in the purchasing decision. The evaluation includes vehicle models from various manufacturers that are either currently in demand or expected to be relevant in each country, representing a range of price segments. A portion of the manufacturers — VW, BMW, Mercedes, Porsche, Tesla, and BYD (not available in the USA) — is identical across all four countries. About the Handelsblatt Research Institute Handelsblatt Research Institute (HRI) is an independent research Institute owned by the Handelsblatt Media Group. It produces scientific studies on behalf of clients such as companies, financial investors, associations, foundations, and government agencies. It benefits from the combined scientific expertise of a 20-strong team of economists, social and natural scientists, information scientists, and historians with journalistic expertise in the preparation of the results. The Handelsblatt Research Institute works with a network of partners and specialists. It also offers desk research, competitive analysis, and market research services. About BearingPoint BearingPoint is an independent management and technology consultancy with European roots and a global reach. The company operates in three business units: Consulting, Products, and Capital. Consulting covers the advisory business with a clear focus on selected business areas. Products provides IP-driven digital assets and managed services for business-critical processes. Capital delivers M&A and transaction services. In addition, BearingPoint runs the joint venture Arcwide, focused on business transformation and consulting excellence based on IFS. BearingPoint's clients include many of the world's leading companies and organizations. The firm has a global consulting network with more than 10,000 people and supports clients in over 70 countries, engaging with them to achieve measurable and sustainable success. BearingPoint is a certified B Corporation, meeting high standards of social and environmental impact. Homepage: LinkedIn: View source version on Contacts Press contact Alexander BockGlobal Senior Manager CommunicationsTelephone: +49 89 540338029Email:


Business Wire
03-07-2025
- Automotive
- Business Wire
Global Electric Mobility: Insights From BearingPoint and HRI Show Technology on Par, but Market Attractiveness Depends on Infrastructure, Price, and Trust
AMSTERDAM--(BUSINESS WIRE)--As battery electric vehicles (BEVs) reach similar levels of technological maturity worldwide, other factors are now decisive in shaping market attractiveness and influencing consumer purchasing decisions. The new 2025 E-Mobility Attractiveness Index by BearingPoint and the Handelsblatt Research Institute compares for the first time the four major auto markets: China, France, Germany, and the US. The index aims to assess how BEVs are perceived in each market — based on objective data and country-specific surveys of drivers — and to identify the key factors influencing market success. Price, incentives, and power: e-mobility will only reach the mass market when purchase incentives, charging infrastructure, and fair electricity prices come together. Share China leads the index with a score of 133.5 points (baseline 100), followed by the US (114.4), Germany (108.4), and France (94.6). The technological foundation of available BEVs — including range, charging speed, and energy consumption — has become increasingly similar across models in all four countries. As a result, competition is shifting away from the technology itself toward infrastructural and policy frameworks, as well as brand trust. 'China's lead is strategically grounded but not insurmountable. It stems from years of political initiatives, massive support for domestic automakers, targeted market regulation, and consistent technology transfer. Europe can remain competitive if it creates innovation-friendly frameworks, keeps international markets accessible to European manufacturers, regulates and promotes more swiftly, and maintains its focus on quality, digitalization, and sustainability,' says Sven Jung, Director of Economic Analysis & Financial Planning at the Handelsblatt Research Institute. Charging infrastructure determines everyday usability The importance of charging infrastructure is particularly evident. In China and Germany, BEV customers benefit from a high density of public charging stations, which provide reliable coverage not only in urban areas but also across rural regions. In contrast, France and the US have a patchy charging network — especially in rural areas and large cities without access to private charging — which significantly limits everyday usability and, thus, market penetration. 'For a charging infrastructure to be truly usable in everyday life, two key factors are essential. First, it must be so well-developed that drivers no longer need to plan routes around charging stations. And second, fast-charging points are crucial to ensure that charging itself doesn't result in significant time loss,' comments Sven Jung. Monetary aspects are crucial, but are heavily influenced by policy The index results also show that while monetary factors, such as vehicle prices and electricity costs, remain central to purchasing decisions, they are heavily influenced by policy. In China, electric vehicles are especially affordable due to government subsidies, low electricity prices, and cost advantages from mass production. In contrast, high electricity costs and the removal of purchase incentives in Germany reduce BEV market attractiveness. Moreover, high EU tariffs weaken the competitiveness of Chinese models. In response, manufacturers like BYD and Leapmotor are investing in production facilities in Europe. 'Price, incentives, and power: e-mobility will only reach the mass market when purchase incentives, charging infrastructure, and fair electricity prices come together — and here, also governments have a role to play. In Germany, for example, a targeted reintroduction of purchase premiums, tax incentives to regulate electricity prices, and a rapid expansion of the charging network could have a significant short-term impact. In the medium term, promoting affordable BEV models, combined with OEM innovation and scaling, as well as investment in semiconductors, battery cell production, recycling, and the development of local value chains, will be key,' explains Manuel Schuler, Global Leader Automotive and Industrial Manufacturing at BearingPoint. Trust is also a critical but often underestimated success factor Trust in manufacturers also plays a central role, especially in international brand comparisons. In all four examined markets, domestic brands perform best: BYD in China, Renault in France, VW in Germany, and Tesla in the US. With 155.9 points, BYD achieved the highest individual score in the Attractiveness Index. However, these brands lose significant attractiveness in foreign markets, highlighting the strong influence of regional brand loyalty and trust on purchase decisions. Chinese manufacturers like BYD and MG, despite their technological maturity, struggle with image issues in Europe. The trust advantage of German brands — particularly in the premium segment — remains a strategic asset, though it is increasingly under pressure, especially among younger and more brand-agnostic consumers. 'Chinese OEMs are technically competitive, but they need to build trust through better branding and a reliable local presence. Successful market entry requires a long-term commitment, competitive pricing, a strong understanding of local customer needs, and a market-specific brand strategy. Only then can they translate their technical quality into actual market success,' says Manuel Schuler. About the Study The E-Mobility Attractiveness Index was developed in 2024 by BearingPoint and the Handelsblatt Research Institute for the German market. It reflects the attractiveness of battery electric vehicles (BEVs) to potential buyers within a given market. In 2025, the index was also calculated for China, France, and the US. The index is based on a survey of drivers in each country regarding trust in manufacturers' quality promises and perceptions of digital innovation, along with objective parameters such as price, range, charging speed, electricity costs per 100 kilometers, and charging station density. These factors are weighted differently according to their importance in the purchasing decision. The evaluation includes vehicle models from various manufacturers that are either currently in demand or expected to be relevant in each country, representing a range of price segments. A portion of the manufacturers — VW, BMW, Mercedes, Porsche, Tesla, and BYD (not available in the USA) — is identical across all four countries. About the Handelsblatt Research Institute Handelsblatt Research Institute (HRI) is an independent research Institute owned by the Handelsblatt Media Group. It produces scientific studies on behalf of clients such as companies, financial investors, associations, foundations, and government agencies. It benefits from the combined scientific expertise of a 20-strong team of economists, social and natural scientists, information scientists, and historians with journalistic expertise in the preparation of the results. The Handelsblatt Research Institute works with a network of partners and specialists. It also offers desk research, competitive analysis, and market research services. About BearingPoint BearingPoint is an independent management and technology consultancy with European roots and a global reach. The company operates in three business units: Consulting, Products, and Capital. Consulting covers the advisory business with a clear focus on selected business areas. Products provides IP-driven digital assets and managed services for business-critical processes. Capital delivers M&A and transaction services. In addition, BearingPoint runs the joint venture Arcwide, focused on business transformation and consulting excellence based on IFS. BearingPoint's clients include many of the world's leading companies and organizations. The firm has a global consulting network with more than 10,000 people and supports clients in over 70 countries, engaging with them to achieve measurable and sustainable success. BearingPoint is a certified B Corporation, meeting high standards of social and environmental impact.