25 November 2020

CommSol welcomes Lilly Prasad as we expand the India Team

We are glad to announce that Lilly Prasad has joined CommSol Associates as Associate Director and will be based in Bangalore, India. Lilly carries over 30+ years of industry experience, having worked at leadership levels across Asset Management Companies. With an established track record of overseeing large and diverse operations across domestic - UTI AMC,  as well as leading capability centres at Syntel and WNS Global, she has demonstrated successful service delivery at State Street, JPMorgan and BNYMellon, where she last served as Managing Director. “Lilly has a credible exposure in setting up and growing shared service centres, managing large and multi-locational teams. Being on the other side of the table, she brings in immense understanding of securities services operations across the spectrum. Her blend of international experience and domestic intervention as part of D&I National Council of NASSCOM and GCC conclave, Chennai, she has been invited at various forums for her advice and guidance. Please join us in welcoming Lilly to the team” - Siddharth Karmarkar (Head of India).

Please see Lilly's bio below:

Lilly Prasad, a performance driven Senior Finance Professional, has over 30 years’ multi-dimensional experience across financial and knowledge outsourcing segments in the Capital Markets domain. With her strong domain knowledge of Asset Management Services and established track record of leadership in overseeing large and diverse operations across domestic - UTI AMC,  as well as international banks like State Street, JP Morgan, BNY Mellon  and leading Capability Centers like Syntel and WNS Global, Lilly has credible exposure in setting up and growing shared service centres, managing large and multi-locational teams and with excellent client interfacing capabilities has led transformation of work across gepographies to the shared service hubs. She is a proactive change agent, instrumental in conceptualizing and implementing Centers of Excellence and driving continuous process improvements through Six Sigma and Lean initiatives in the institutions she has worked. Her most recent association was as Director Operations at BNY Mellon where she managed multi functions in the Fund Services and Asset Management space pan India. She was also the site head for BNY Mellon at Chennai where she had administrative oversight of all Business Partner functions in Chennai. As a senior woman leader, she has been a part of the D&I National council of NASSCOM apart from being an active member of the GCC conclave, Chennai and representing her organisation in various industry forums. With a passion for teaching she aso delivers guest lectures at reputed educational institutions.

07 October 2020

CommSol Associates welcomes Chris Whaley to the team

Chris brings 15+ years experience in programme management across a number of sectors and continues the CommSol mindset of providing clients with tailored holistic solutions. Chris brings product, user experience and technology aspects to the team using Agile methodologies, as well as coaching. 

He will support Robert Liebl in further developing the CommSol - Luxembourg footprint.  

We wish him all the best in this new role.  Please see Chris' Bio below:

Chris Whaley is an innovative and seasoned program delivery and change agent. Over 15+ years of building products and delivering change he has built the understanding, empathy and know how to create lasting and holistic movement and value in organisations. 


He has worked in Asset management, media and TMT globally.   Within these sectors, he has headed program management and operational functions, platform and product teams, and delivered large scale platform and regulatory change.


He believes in the “SHiFT”…creating and embedding a Sustainable, Humanly intrinsic, Fundamental Transformation.  No product, delivery or change is purely technological, or process based.  It is holistic. 


Chris approaches this with a strong and ingrained A(a)gile mindset and ways of working.  Combining this with strong product and “coach as a leader” mentality, he enables the flow of change and value so organisations can start to learn, grow and recognise value sooner, not later.

06 October 2020

CommSol welcomes Pavan Desai as we expand our presence in India

Pavan is an enterprising leader, chartered accountant and an executive coach with over 25 years of experience with leading MNCs such as GE, JPMorgan, Deutsche Bank and BNP Paribas and is known for building teams across global service organizations and bringing transformational change. From set-up to scale-up of shared service organizations including new operations and CoEs, he has an expertise to create structures for transition, and transformation of processes, defining target operating models, controls, risk mitigation and governance frameworks.  

 “We are delighted to have Pavan on board CommSol as we build our India footprint. With Pavan’s proven experience in creating robust framework for finance, risk, operations and IT-support platforms, we are well equipped to service our clients in India who are looking to leverage international expertise to optimize their businesses to global delivery standards. His hand-on experience of having played CXO roles in global organisations will benefit our global and local clients with a quality advisory as an extended arm of their management. He will be based in Mumbai” - Siddharth Karmarkar, Associate Director and Head – India

Pavan is also certified in Six Sigma, Project management and Yogic concepts/training and is also an Erickson Certified Coach. He is passionate about CSR and has been working with NGOs in the areas of Education and Ecology.

29 September 2020

Anextere in Japan joins forces with CommSol in Europe and India

Anextere K.K. of Japan and CommSol Associates Limited (“CommSol”) based in the UK, with additional offices in Luxembourg, Dublin and Mumbai, have signed a Joint Venture deal to enable both Companies to extend their service offerings in Europe, Asia and Japan. 


This Joint Venture reflects both Company's desire to collaborate with like-minded organisations that share a similar vision and purpose as well as continuing to add real value to their clients.


Kevin Riendeau, CEO of Anextere commented “Broadening our global reach and implementation capabilities via our partnership with CommSol Associates is key to delivering holistic results for our clients in Japan and wider Asia who demand global solutions. Steve is a forward-looking leader and partner and has assembled a strong team of industry experts who seamlessly compliment the Anextere team`s experience and capabilities. We look forward to further growing our relationship and closely working together to tap into global trends and initiatives which will impact our clients locally”. 


Steve Clifford, CEO of CommSol commented "Supporting Japan from a CommSol perspective is very important to us and our clients as well as being part of our overall strategy as demand has risen. Kevin is a great partner and the synergies were very obvious from our discussions leading up to this point. Having the ability to now support Japan with the Anextere team is great news as we will have local and relevant deep industry experience in country and more broadly in the region and back into India and Europe. The team and I are very much looking forward to working with the Anextere team going forward.”


About Anextere: 

Anextere is a business and technology solutions company with unique expertise to address financial institution’s business, risk, technology and process challenges. Based in Japan, our team covers Japan and wider Asia with four core service offerings: Management Consultancy, Business Process Digitization, Risk Management Solutions and AI-enabled Machine Translations. https://www.anextere.com/


About CommSol:

CommSol is a leading niche financial services consultancy firm specialising in implementation strategy and execution. Based in the UK, with teams covering the UK, Dublin, Luxembourg and Continental Europe, as well as India and Southern Asia, the company’s mission is to support client needs with their business and regulatory change agendas as well as their resourcing requirements with extensive and relevant industry experience. https://www.commsolassociates.co.uk

17 June 2020

Steve Clifford presents to a record number of viewers at the Indian Institute Management on "Business Strategy and Transformation" 

Steve Clifford, Founder & CEO, from CommSol Associates was recently invited by the Indian Institute of Management – Ahmedabad, India (IIM-A) to deliver a leadership session on “Business Strategy and Transformation”. IIM-A has been recently ranked #1 B-School of India by HRD, Govt. of India in their NIRF 2020 Report (1). 

According to Prof. Sanjay Verma, the Hon. Faculty from the institute who organized this session, there was a record of over 800+ official registrations and over 6000+ viewers watched Steve deliver the session on multiple social/digital platforms from across the globe. “The purpose of holding this session was two-fold.  Firstly to have a global and experienced leader talk about the subject with the Institute’s esteemed alumni and secondly, give a perspective of how optimistic global players look at India now (post nCovid19) and the opportunities that made us put our first footprint in the region”, said Siddharth Karmarkar, Associate Director & Head - India, who recently studied Advanced General Management himself at the Institute. 

The presentation along with the recorded video has been embedded for your reference.

  1. Source: https://indianexpress.com/article/education/nirf-nirf-ranking-nirf-2020-best-b-school-iim-best-college-mba-colleges-best-mba-institutemagement-college-india-best-college-india-nirf-ranking-koving-iit-ranking-iim-rankingm-top-college/


18 May 2020

CommSol welcomes Gary Embleton as we expand the UK & Ireland Team

We are delighted to welcome Gary Embleton to CommSol Associates. Gary will lead our business development activity with clients & partners in the UK & Ireland and adds further strength to our multi-location change transformation, digital and data engineering capabilities.

Gary is an accomplished programme delivery executive (and SDLC expert) in IT, digital and data domains with 25+ years of deep industry experience in Asset Management.  He has held Director positions at both JPMorgan Asset Management and most recently at AMX (part of Willis Towers Watson) where he was the Head of IT Platforms in charge of all systems, data vendors and IT frameworks managing support, security, risk and control.

He is regarded as an industry CRM expert and has successfully designed, implemented and led Global teams in several key transformation programmes enabling sales, onboarding, client service, financial forecasting and marketing teams across multiple locations.  He is passionate about driving ROI for clients, stakeholders and employees; and is an energetic evangelist of digital and data connectivity across all aspects of business improvement.     

Gary will be based in London and will partner closely with our team in India, UK and Luxembourg to combine our capabilities and resources to serve our clients and partners.

Gary commenting on his appointment: “I am very excited to join a strong CommSol team providing relevant depth & breadth expertise and, most importantly, real experience and success in key markets.  Bringing this all together; blending intellectual know-how with emerging technologies will allow us to add real value to our clients and business partners”.


It is fantastic news that Gary is joining us with his extensive experience in the business and technology change, data and digital engineering spaces. His expertise greatly compliments the team and the purpose that we have in supporting our clients with our deep industry led implementation strategy and execution capabilities.


CEO & Founder

14 April 2020

CommSol welcomes Siddharth Karmarkar as we launch in India

Welcome Siddharth Karmarkar! As we at CommSol continue develop our strategic footprint and listen to our clients needs, Asia is a region that we are being asked to, and very much want to, support. As such, it gives me great pleasure to advise that Siddharth Karmarkar (Sid) has joined the CommSol family as Associate Director & Head - India. This is great news and a very welcome appointment for us in the region. Sid will look to support clients locally, as well as in the region more broadly, alongside his team that will be assisting him.


As a little background, Sid brings over 17+ years of deep experience in strategy management, having worked for likes of American Express, Société Générale, HSBC and JPMorgan, across the globe. He is a qualified Chartered Accountant and is passionate about transformation, change and performance management, with deep interests in technology and growth hacking. He is currently furthering a formal education in management at the Indian Institute of Management, Ahmedabad (IIM-A), that is ranked amongst the Top B-Schools globally.


Sid will be based in Mumbai, India and with him on board, we are on a strong footing to support our clients in India and Asia more broadly, through 'follow the sun' approach, leveraging global expertise to domestic markets and ensure deeper value-add to our international clients, keeping the ROI at the helm.


Sid commenting on his appointment: “It is tough times, but in the long run, things even out and optimism has always been underlying to mankind’s very existence. At the cusp of where India stands with little under $3T GDP, it is this optimism, that we see, as an opportunity to have CommSol work with India Inc and help businesses fast track growth, leveraging on time tested best practices implemented in mid-large organisations. Over the coming years, we would assist domestic organisations to scale to global standards and attract much-deserved credibility and parallelly ensure deeper value add to our international clients through following the sun approach of servicing, keeping ROI at the helm.”


We very much look forward to working with our clients and partners in this strategically important area for us in India and Asia as a whole.


Some refreshing news in challenging times.



CEO & Founder

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