Tag Archives: EY

EY Building a Better Working Europe survey: Skill shortages in Europe are damaging the growth prospects of companies and the continent’s economy

European companies struggle to recruit and retain talent with digital skills Almost half (48%) lack cybersecurity, artificial intelligence and robotics skills Digitally mature companies record higher productivity and better top-line growth LONDON, 18-Dec-2018 — /EuropaWire/ — Skill shortages in Europe are … Read the full press release

EY to acquire Riverview Law, a leading innovative legal services firm

Acquisition helps give EY first-mover advantage in legal managed services Acquisition further establishes EY as a leading disruptor of legal services LONDON, 13-Aug-2018 — /EuropaWire/ — EY today announces an agreement to acquire Riverview Law, a leading innovative legal services firm … Read the full press release

HfS Blueprint Report: Enterprise Artificial Intelligence Services 2018: EY recognized as a “high performer” among consulting organizations in providing artificial intelligence (AI) services

EY recognized for differentiating capabilities in domain-specific AI projects, design thinking and a transformational, end-to-end point of view LONDON, 13-Aug-2018 — /EuropaWire/ — EY has been recognized by HfS Research as a “high performer” among consulting organizations in providing artificial intelligence … Read the full press release

EY named Keith Strier as EY Global and Americas Artificial Intelligence (AI) Leader, Advisory Services

LONDON, 18-Jan-2018 — /EuropaWire/ — EY announces the appointment of Keith Strier as EY Global and Americas Artificial Intelligence (AI) Leader, Advisory Services. Based in Irvine, California, in his new role Keith will assume responsibility for setting the strategy and direction … Read the full press release

EY, Microsoft to develop data-driven solutions with artificial intelligence (AI) and Internet of Things (IoT) for the agricultural industry

Data-driven approach enhances agricultural productivity with artificial intelligence and Internet of Things LONDON, 23-Oct-2017 — /EuropaWire/ — EY today announced that it is extending its alliance with Microsoft to combine digital and cloud technologies to help the agricultural industry turn its … Read the full press release

World’s first blockchain platform for the marine insurance sector launches

LONDON, 06-Sep-2017 — /EuropaWire/ — EY and Guardtime announce the world’s first blockchain platform for the marine insurance sector. The platform launches in collaboration with A.P. Møller-Maersk A/S, ACORD, Microsoft, MS Amlin, Willis Towers Watson and XL Catlin and after a … Read the full press release

EY becomes a Strategic Learning Advisor for YPO globally

EY and YPO will exchange ideas, thought leadership and network influence to drive growth and innovation across the organizations’ global communities LONDON, 06-Sep-2017 — /EuropaWire/ — EY has announced that it will work in collaboration with YPO, a leading global platform … Read the full press release

EY dedicates 1,000 tax technology and performance improvement professionals in response to the impact of existing and emerging technology

LONDON, 07-Aug-2017 — /EuropaWire/ — EY announces the creation of Tax Technology and Transformation, a dedicated group of more than 1,000 tax technology and performance improvement professionals in member firms across the globe that help organizations to redefine their tax functions … Read the full press release

EY report on mining and metals companies: Does cutting debt have to mean reducing your ambitions?

Top 50 miners reduce debt by 25% since 2014; and by 17% year-on-year in 2016 Debt-to-equity ratio down to 34% among leading mining companies Caution over balance sheet management could risk compromising future returns LONDON, 15-Jun-2017 — /EuropaWire/ — Global mining … Read the full press release

EY to expand the use of drones in inventory observations as part of its digital audit capabilities

EY to use pioneering industry software to improve inventory counts Artificial Intelligence (AI) to be built into the drones to extend capability Information to feed directly into EY Canvas, the EY Assurance global audit digital platform LONDON, 15-Jun-2017 — /EuropaWire/ … Read the full press release

EY, Microsoft to help clients with the EU General Data Protection Regulation (GDPR)

New privacy model applies to all businesses offering goods or services to EU LONDON, 24-May-2017 — /EuropaWire/ — EY announced today that it is collaborating with Microsoft on a broad approach to help address many of the challenges clients are facing … Read the full press release

EY European attractiveness survey: Foreign direct investment (FDI) into Europe record high in 2016

  5,845 foreign direct investment (FDI) projects into Europe in 2016 mark a 15% year-on-year increase UK, Germany and France attract just over half (51%) of Europe’s FDI in 2016 56% of global investors say Europe will regain steady growth … Read the full press release

EY Recognized As A leader in Digital Financial Technology Consulting by ALM Intelligence

LONDON, 24-Apr-2017 — /EuropaWire/ — EY has been recognized as a leader in digital financial technology (fintech) consulting by ALM Intelligence. In its ALM Vanguard™ report Digital Fintech Consulting, EY is cited for its broad penetration of all key buyer segments, … Read the full press release

EY announces the appointment of Dennis Layton as Global Deputy Leader of People Advisory Services

LONDON, 23-Mar-2017 — /EuropaWire/ — EY announces the appointment of Dennis Layton as EY Global Deputy Leader of People Advisory Services (PAS), effective 1 April 2017. Based in London, Layton will be responsible for driving the success of the EY PAS … Read the full press release

EY welcomes Josh Lewsey as its EY Asia-Pacific Financial Services Office People Advisory Services Leader

HONG KONG, 15-Mar-2017 — /EuropaWire/ — EY announces the appointment of Josh Lewsey as EY Asia-Pacific (APAC) Financial Services Office (FSO) People Advisory Services (PAS) Leader. Based in Hong Kong, Lewsey will build teams specifically focused on providing change management assistance … Read the full press release

Geopolitical Disruptions Are Driving Companies to Pursue Divestments

82% of companies say macroeconomic volatility will increase their likelihood to divest over the next year 48% believe tax-related divestment challenges have increased in the last 12 months 88% say advanced analytics would help make faster, better divestment decisions LONDON, … Read the full press release

CFOs Cite Providing Better Insight A Priority In Insurance Sector Growth

LONDON, 06-Mar-2017 — /EuropaWire/ — Chief financial officers (CFOs) in the insurance sector operating in an extremely challenging economic environment, say that achieving growth is an imperative but one of the biggest parts they must play is in supporting the business … Read the full press release

2017 Theodore Roosevelt Award presented to EY’s Beth Brooke-Marciniak at the NCAA Honors Celebration

LONDON, 27-Jan-2017 — /EuropaWire/ — The National Collegiate Athletic Association (NCAA) presented Beth Brooke-Marciniak, EY Global Vice Chair of Public Policy, with its highest honor, the 2017 Theodore Roosevelt Award, for her tireless commitment championing diversity and inclusion. Beth accepted the … Read the full press release

Global mining and metals M&A activity remained subdued in Q3 – EY report

Deal value down 43% in first nine months of 2016 compared with last year China the highest value dealmaker in the third quarter Traditional industry acquirers still focused on portfolio realignment LONDON, 01-Nov-2016 — /EuropaWire/ — Global mining and metals M&A … Read the full press release

EY Bank Relevance Index: Retail banks scored just 75.1 out of a maximum value of 100

40% of consumers report decreased dependence on their bank The average bank relevance score stands at 75.1 out of a possible 100 Trust in banks lags behind digital-only banks, FinTechs and supermarkets offering banking services LONDON, 21-Sep-2016 — /EuropaWire/ — Forty … Read the full press release

EY named one of the leading providers of consulting services to middle market firms by IDC MarketScape report

LONDON, 15-Aug-2016 — /EuropaWire/ — EY has been recognized as a leader in middle market consulting in the first IDC MarketScape: Worldwide Middle Market Business Consulting Services 2016 Vendor Assessment.1 The IDC MarketScape report names EY as one of the leading … Read the full press release

16 Asia-Pacific technology-focused start-up entrepreneurs to take part in EY’s Accelerating Entrepreneurs program

The 16 will receive ongoing mentoring and coaching and will network with leading global entrepreneurs at EY’s upcoming Strategic Growth Forum in China Participants have been selected from Singapore, Hong Kong, mainland China, Mongolia, Australia and New Zealand HONG KONG, … Read the full press release

EY’s 14th Global Fraud Survey: increased pressure on GOVs to act and companies to identify and mitigate fraud, bribery and corruption issues

Overwhelming support for enhanced beneficial ownership transparency: 91% agree Corruption levels are persistent: 39% say its widespread in their country Pressure continues to bring out the worst in executives: 42% justify unethical behavior Data privacy issues are creating complexity for … Read the full press release

EY one of the few organizations to be named a leader in all of the IDC MarketScape reports

The recognition is for global, Americas, EMEA and Asia-Pacific regions LONDON, 21-Apr-2016 — /EuropaWire/ — EY has been recognized as a leader for business consulting globally and in the Americas, EMEA and Asia-Pacific regions by IDC in its annual report … Read the full press release

EY launches four new Centers of Excellence (CoE) to companies in the Asia-Pacific region

Centers to offer business transformation strategy, cybersecurity, analytics and manufacturing capabilities across the Asia-Pacific region Singapore-based hub to contribute to industry capability development SINGAPORE, 18-Mar-2016 — /EuropaWire/ — EY has launched four new Centers of Excellence (CoE) to provide innovative services … Read the full press release

EY appoints Scott Halliday as its new Area leader for Japan effective 1 March

EY announces the appointment of Scott Halliday as its new Area leader for Japan, effective 1 March. The EY member firms in Japan together represent nearly 8,000 people. LONDON, 10-Feb-2016 — /EuropaWire/ — In his role as Area Managing Partner (AMP), … Read the full press release

EY announces the appointment of Raj Apte as Head of Restructuring for Central and Southeast Europe

Raj Apte has been appointed EY’s Head of Restructuring for Central and Southeast Europe (CSE), with immediate effect. BUDAPEST, 10-Feb-2016 — /EuropaWire/ — Based in Budapest, Raj is responsible for leading a team of professionals across 22 countries in the region, … Read the full press release

SAP honours EY with two Partner Excellence Awards 2016

Awards recognize EY’s achievements in cloud business services and digital transformation LONDON, 10-Feb-2016 — /EuropaWire/ — EY is pleased to announce that it has received two SAP Partner Excellence Awards 2016 from SAP. The awards EY received are: SAP EMEA/MEE Partner … Read the full press release

EY expands analytics managed services capabilities for clients worldwide with its Analytics-as-a-Service platform EY Synapse

EY Synapse helps businesses expedite organizational changes that drive and sustain value from analytics NEW YORK, 10-Feb-2016 — /EuropaWire/ — EY has announced its global Analytics-as-a-Service (AaaS) platform, EY Synapse, to accelerate the delivery of analytics-driven insights that businesses can use … Read the full press release

Five winners in four categories will receive US$1m as part of EY’s new global recognition program “Better begins with you”

LONDON, 4-1-2016 — /EuropaWire/ — EY has awarded US$1m to the winners of its new global recognition program, Better begins with you, which recognizes EY people who have found inspiring and impactful ways to bring EY’s purpose – building a … Read the full press release

EY and AVCA: private equity exits in Africa reach eight-year high in 2014

Private equity (PE) exits in Africa reached an eight-year high in 2014, and strong activity should continue as more companies enter the period where an exit becomes increasingly imperative, according to data from EY and the African Private Equity and … Read the full press release

EY analysis: deal activity in global mining and metals sector in Q1 down 18% to US$5.9b vs same quarter last year

Increased interest in gold assets and a small uptick in private capital activity are the limited bright spots of a subdued first quarter of deal activity in the global mining and metals sector. Less than a third of companies focused … Read the full press release

Global IPO activity got off to a slow start this year compared with 2014 according to the quarterly EY Global IPO Trends: 2015 Q1

LONDON, 27-3-2015 — /EuropaWire/ — Global IPO activity got off to a slow start this year compared with 2014 with 252 IPOs raising US$38.2b in the first quarter, a 4% decrease in volume and 19% drop in proceeds compared to … Read the full press release

EY and Equistone Partners Europe sponsored research published by CMBOR reveals PE-backed IPOs remain popular exit route in 2014 with exit value at the highest since 2007

Deal activity in 2014 is up with mid-sized deal activity at the highest since 2008 Exit market performs well; exit value at the highest since 2007 at €101b Trade sales figures highest since 2011, refinancings at a record high LONDON, … Read the full press release

EY’s 11th bi-annual Global Capital Confidence Barometer reveals the desire for M&A by consumer products companies rebounded after a dip earlier in 2014

LONDON, 28-11-2014 — /EuropaWire/ — The number of consumer products (CP) companies focused on growth increased to 52% (up from 38% six months ago) according to EY’s 11th bi-annual Global Capital Confidence Barometer, a survey of more than 1,600 senior … Read the full press release

EY plans to grow its strategy consulting practice to over 2,500 professionals by 2020, both organically and through continued acquisitions

LONDON, 7-11-2014 — /EuropaWire/ — EY is executing ambitious plans to grow its strategy consulting practice to over 2,500 professionals by 2020, both organically and through continued acquisitions. Its fast-growing consultancy business has made 11 acquisitions across the globe in … Read the full press release

EY announces the admission of PK Wong & Associates LLC in Singapore as new independent member firm of its global network

EY, a leading professional services organization, today announced the admission of PK Wong & Associates LLC in Singapore as a new independent member firm of its global network. SINGAPORE, 3-10-2014 — /EuropaWire/ — PK Wong & Associates LLC is a … Read the full press release

EY’s 2013 European PE exits study: Private equity continues to outperform public markets in Europe

The gradual economic improvement in Europe, increasingly liquid debt markets and stronger IPO market conditions supported an increase in exit activity of PE-backed businesses in 2013, according to EY’s ninth annual European PE exits study published today. Last year saw … Read the full press release

Global strategy consultancy The Parthenon Group joins EY

The global EY organization announced today that The Parthenon Group—a global strategy consultancy with 300 professionals in offices in Boston, London, Mumbai, San Francisco, Shanghai and Singapore—has joined EY. NEW YORK, 3-9-2014 — /EuropaWire/ — The deal brings together EY’s market leading … Read the full press release

EY report: Global mining sector to require complete business transformations to reverse decade-long decline in productivity

The decade-long decline in productivity in the global mining sector will require complete business transformations to reverse, according to a new EY report. Sydney, 4-7-2014 — /EuropaWire/ — Commenting on the release today of Productivity in mining: A case for broad transformation, EY … Read the full press release