Cedar Management Consulting Acquires IBS Publishing

Cedar Management Consulting International LLC is a leading US headquartered global consulting, advisory and analytics firm with network offices in 16 countries, 500 professionals and over 1,000 clients. Since 1985, Cedar has been assisting clients in the area of strategy, process, strategic human capital, and business technology. Cedar’s financial services consulting practice has assisted clients in bank transformation, mergers, and banking technology transformation. In India, the transformation mandates in the financial services sector include RBL Bank, American Express, IIFL, NCDEX etc.

Besides globally building its financial services and banking technology practice, Cedar aims at providing deep analysis and research reports on banking technology and financial technology. In line with this objective, Cedar Management Consulting International LLC (Cedar) has acquired the business and operating assets of IBS Publishing, the leading UK based financial technology research, publication and consulting firm. This includes their primary brand and operating platform - IBS Intelligence.

For over 20 years, IBS Intelligence has been the definitive source for independent, in-depth news, research and analysis of financial technology markets. IBS has a global clientele spread over 38 countries across continents, including India. It has also provided consulting services to over 80 global clients including leading multinational and regional banks, PE firms, investment banks, consulting firms and technology solution providers. Its global consulting clientele includes Barclays Capital, Citigroup, Close Brothers, Deutsche Bank, ING Bank, Lloyds TSB, Misys, Oracle, Polaris, Rabo Bank, Sungard among others.

The acquisition adds a new dimension to the business of Cedar and equips them with knowledge on global trends in banking technology, and how Indian banks could benefit from it. This is increasingly becoming important with rapid changes in mobility, digital banking and big data. Also a large number of global FinTech vendors are Indian firms. The deal is an amalgamation of both, while IBS brings with itself a distinguished team of researchers and experts; Cedar has been a key player in consulting the BFSI segment.

About Cedar Management Consulting International, LLC:

Cedar is a leading global consulting, advisory and analytics firm with network offices in 16 countries, 500 professionals and over 1000 clients. Since 1985, its team has been assisting clients in the area of strategy, process, strategic human capital, and business technology. As a general management consulting firm, it is able to assist clients across these areas in an integrated fashion – from formulation to execution. As an advisory firm, it helps clients in global M&A, international JV’s and capital raising. Finally, its new unit Cypress Analytica provides innovative analytic solutions to the financial services industry. Its heritage includes being part of the former $1 Billion Renaissance Worldwide, whose leadership included the creators of the Balanced Scorecard – the world's leading strategy deployment and performance management system. With hundreds of consulting projects executed globally across industry sectors Cedar's experienced team is known for execution excellence and will successfully making strategy work for its clients.

About IBS:

Established in 1991, IBS Intelligence is the definitive source of independent news and analysis relating to global financial technology markets. Its iconic publication – IBS Journal is recognized worldwide. The journal covers what is really going on – the good, the bad, the lessons, the mistakes and the masterstrokes. All the content developed is thoroughly researched by the team of journalists working at IBS. Their comprehensive range of Market Reports, Vendor & System Reports, Case Studies and other publications are driven by their independence and expertise. IBS Intelligence is now a division of Cedar Management Consulting International, LLC – a leading global management & technology consulting practice. Cedar enhances the value proposition to IBS Intelligence clients, by not only having global coverage, but more importantly, also bringing deep knowledge and experience in developing and executing banking technology transformation initiatives worldwide.