Cybersecurity and Managed IT Services for Financial Institutions
The financial sector experiences more attempted cybersecurity attacks than other industries. Working with Richey May’s team of cybersecurity and IT experts lets you reap the benefits of implementing innovative technology while keeping your client information safe. Our Virtual Chief Information Security Officer (CISO) service gives your establishment 24/7 access to seasoned professionals who are well-versed in the financial sector’s unique cybersecurity and IT needs.
Our team will assist you with completing annual risk and vulnerability assessments and developing security policies, procedures, and practices. We will build you a cybersecurity solution regardless of your institution’s size. Can your in-house capabilities protect your client data and keep your software and devices up-to-date? At Richey May, our managed IT solutions take a consultation and implementation approach to equipping you with the best tools available.
Tax Services for the Financial Sector
Working in the financial sector requires a complex and thorough understanding of tax services. Because every financial establishment has unique needs and operation specifications, you need tax specialists capable of providing individualized services. Plus, your business requires a team that understands all current and applicable federal, state, and local regulations. We complete tax preparations that hold up under Internal Revenue Service (IRS) scrutiny.
You can trust our team for services like tax planning, consulting, acquisitions support, consolidated income tax returns and more. We strive for federal and multi-state tax compliance, and we can provide tax controversy representation for the IRS and State Revenue Department.
In modern financial institutions, your investments go beyond traditional cash and credit investments. After spending more than 30 years working with professionals in your industry, we have specialized knowledge about alternative investments. That understanding allows us to create individualized solutions to meet your business’s investment needs. We can serve alternative investment clients who handle anywhere from $1M to $4.2B, so we can help you regardless of your institution’s size.
At Richey May, we have experience working with various entities, including:
- Hedge funds
- Commodity pool operations
- Cryptocurrency funds
- General partner entities
- Management company
- Private equity funds
- Private money lenders
- Real estate funds
- Venture funds
Banks & Credit Unions
By 2025, up to 50% of global mid-market and large credit unions will depend on digital risk management solutions to manage compliance. At Richey May, we’re dedicated to staying ahead of the curve and offering the following technologies:
- Integrated risk management: As the market becomes increasingly digital, we can boost your credit union’s power with AI integrated risk management.
- vCISO: We act as a Virtual Chief Information Security Officer (vCISO) that connects you with top-tier security experts whenever you need guidance or expertise. Let us help to build your organization’s cybersecurity program.
- Cloud services: Powerful cloud solutions allow credit unions to access data faster than ever with a low cost of ownership.
- Cybersecurity: Richey May has the cybersecurity solutions you need to protect your business from high-security threats.