PwC brings more value to clients with acquisition of Scale Consulting

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  • PwC strengthens in Consulting
  • The acquisition of Scale Consulting is a milestone in the life of PwC
  • The goal of PwC with the acquisition is to be the top advisor in the Hungarian financial services sector

Budapest – 1 December 2010 – PwC acquires Scale Consulting, a leading advisor to the Financial Services sector in Hungary and Central and Eastern Europe. The addition adds substantially to PwC’s goal of being the premier business advisor in Hungary and Central and Eastern Europe.

"Creating value for clients – this is why we have made this acquisition. By combining the experience and talent of Scale Consulting with the existing capability and network of PwC, our team will bring even more value to the clients we serve, particularly in the financial services sector"– said David Wake, Advisory Service Line Leader in Hungary about the acquisition.  

Financial sector in focus

Bringing more value to clients in the Financial Services sector is a key focus of PwC. With the addition of Scale Consulting, PwC will be providing a full range of Consultancy services for banks, insurance companies and similar entities in Hungary and the CEE region. These include: Strategy, New sales channels, Sales channel effectiveness, CRM development, Co-branded card development, Greenfield financial institutions, Raising efficiency levels, Process design and redesign, Product cross-selling, Financial services within non-financial entities (e.g. Telecom), and many others.

About Scale Consulting

Scale Consulting is a leading firm in the sector, with a team consisting of credentialed experts from the sector itself. Projects span a wide range of issues and topics, particularly focused on expanding revenue and the effectiveness of sales channels. Clients served include the majority of the key regional players in Financial Services (more than 13 countries) and several other, non-finance firms who are interested in adopting some banking methods or in entering the financial services market.

„Over the years, we have demonstrated that a specialist firm with hands-on banking experience can really solve some everyday issues that clients face. Today, the financial services industry is looking at fundamental, big questions. As part of the biggest, global firm in consulting, we will be more able then ever to help our clients find the answers.” – said Tamás Bernáth, former Partner of Scale Consulting and now Director of PwC’s Advisory services to the Financial Services sector.

Ends

PwC firms provide industry-focused assurance, tax and advisory services to enhance value for their clients. More than 161,000 people in 154 countries in firms across the PwC network share their thinking, experience and solutions to develop fresh perspectives and practical advice. See pwc.com for more information.
© 2010 PricewaterhouseCoopers Kft. All rights reserved. In this document, “PwC” refers to PricewaterhouseCoopers Kft., which is a member firm of PricewaterhouseCoopers International Limited, each member firm of which is a separate legal entity.