Take FD (nee Financial Dynamics) for example, which tech-savvy firm FTI Consulting recently bought for the princely sum of £139m.
Since the deal was finalised in September, FD has had to go through a painstaking and massively expensive process of becoming Sarbanes-Oxley compliant. This involves sorting out finances, making sure everything can be audited and ensuring that computer systems are reliably robust.
In fact, many recommend employing ethical or ‘white hat’ hackers to test such technological robustness. They attempt to break into computer systems to see where the flaws are. But this can be a horrible drain on finances.
That is, unless you know a company such as FTI Consulting that can do it for you…