From Tokyo to Hong Kong, Wall Street to the Royal Exchange, Bearing Point combines the knowledge of local markets across the globe with a great legacy of expertise in the Financial Services sector. Its 15,000 consultants in 39 countries, can provide the technology strategy, systems design, architecture, applications implementation, network, systems integration and managed services to help clients grow and prosper in what has become a very difficult, rapidly changing, global environment.
Christopher Formant is executive vice president for BearingPoint Inc.’s North American Financial Services business unit. His responsibilities include directing the company’s North American Banking, Capital Markets, Global Diversified, and Insurance business segments, as well as BearingPoint’s Real Estate, Professional Services and Hospitality group. As Executive Vice President, Formant ensures that BearingPoint’s Financial Services practice delivers client-dedicated, industry experts, and unique solutions that allow true enterprise transformation Formant’s previous career accomplishments include serving as president and CEO of Scient’s predecessor firm, iXL, Global Banking Practice Leader of PWC Consulting, and executive vice president of MBNA America. He holds a bachelor of science degree in Commerce from Washington and Lee University and a master’s in Business Administration from The George Washington University.
Thomas McKelvey serves as the Senior Vice President responsible for leading BearingPoint’s Banking and Insurance segment within the Financial Services Consulting Practice. His responsibilities include all consulting services related to U.S.-focused banks, finance companies, and investment services firms. The segment has over 500 experienced and focused industry and technology professionals concentrating on banking clients daily. McKelvey has almost 20 years of experience in the services industry, with the majority focused on financial services. He has worked with many of the leading financial institutions in the country and led numerous successful, mission-critical projects for these organizations. His background includes projects focused on diversified financial institutions, finance companies and investment firms. He has led projects in the areas of: business strategy, customer manager, operational/cost efficiency and reengineering, financial/shareholder value analysis, financial management and technology strategy, architecture, and implementation. McKelvey holds a Bachelor of Science and Masters degree from Oklahoma State University. He is a Certified Public Accountant and has been a speaker and panelist in numerous industry forums nationally.
Sarah Diamond leads the Global Markets Segment in BearingPoint’s Financial Services Consulting Practice, which is responsible for BearingPoint’s relationships with all of the leading global investment banking and securities firms. Additionally, she is a member of the Financial Services’ management team, an instructor for BearingPoint’s training programs, and leads the New York Office’s Community Connectivity program. Her career in the financial services industry spans over 22 years. She began in London with a global commercial bank working in its operations and risk management units and then transitioned to a consulting career in the US over 17 years ago. Throughout her career, Diamond has consulted with global financial institutions and regulatory agencies formulating and assisting in the implementation of strategic business plans, assessing risk management organizational structures and practices, and supporting large-scale systems integration and performance improvement projects In addition, Sarah Diamond is Co-President of the Women’s Bond Club of New York and Chairman of the American Friends of St. Hilda’s College, University of Oxford.
Paul McDonnell serves as Senior Vice President, Managing Director, and Insurance Segment Leader for BearingPoint. He has over eighteen years of experience in the financial services industry, both domestically and internationally. Prior to joining BearingPoint, McDonnell served as a principal of IBM’s North American insurance solutions consulting practice and managed a development organization of 165 professionals located in four sites across Europe with an annual budget of $28 million. Working with major, worldwide insurance companies, he led the IBM initiative to develop and establish the Insurance Application Architecture (IAA). Additionally, he authored the IBM-published IAA Compliance Guide and the IAA Solutions Road Map, and used software and CASE tool development resulting in establishing common guidelines and approaches for application integration in the industry. McDonnell holds a BS in Mechanical Engineering from Bucknell University and an MBA in Finance from the Columbia University Graduate School of Business. He has also received the Chartered Financial Consultant (ChFC) and Chartered Life Underwriter (CLU) professional designations.