Matt Taylor joins EY as financial crime consulting lead

Big Four firm EY has appointed Matt Taylor as a partner to its UK financial crime consulting business. According to Patrick Craig, the UK head of financial crime consulting at EY, the appointment will strengthen the firm’s financial crime consulting team in London, and “make a significant impact in delivering excellence for our clients.”

Craig continued, “Financial crime is complex and always evolving, and as criminals continue to reach new levels of sophistication, the protection of firms’ businesses, customers and shareholders must transform to keep up. The use of new, strategic technology solutions are key to firms keeping pace with the threats of financial crime, and EY is committed to bringing the right talent together to drive progress for our clients.”

EY is a global provider of assurance, tax, transaction and advisory services. As such, it has a large, globally co-ordinated financial crime and forensics capability, and has invested heavily in advanced analytics to fight financial crime, to help its clients protect their businesses, customers and shareholders. EY’s UK financial crime team employs 150 people and is part of a global financial crime team of more than 3,000. The UK consulting team is centred out of London and works closely with its delivery centre Newcastle.

Based in EY’s London wing, Taylor will focus on expanding EY’s financial crime remediation and operations capabilities, focusing on clients in the banking, payments, fintech and insurance sectors. With a strong regulation background, he will also advise on broader financial crime change and transformation work.

The new head of financial crime consulting in Britain commented, “UK financial services firms are facing increasingly complex financial crime compliance requirements, and keeping pace with the evolving needs behind the operational side of fighting this crime is a very real challenge. I’m proud to have joined the EY team and look forward to helping our clients protect themselves in the face of increasingly complex and challenging threats.”

Taylor joins EY from Protiviti, where he was a managing director, and worked for 18 years with many of the world’s largest global banks, and most recently led the firm’s European financial services practice. Prior to this, he also held roles with Bupa, Deloitte and Arthur Andersen Business Consulting.