MoData Announces Strategic Partnership with Mazars to Bring World Class Advisory Services to the African Financial Services Industry

Digital and finance solutions specialists, MoData, has partnered with Mazars’ Financial Services Consulting division to help provide clients with sustainable solutions to enhance profitability.

The partnership will give MoData clients access to Mazars’ deep expertise in helping financial services organisations manage the profitability of their business through the provision of monitoring tools, diagnostic reviews and recommendations tailored specifically to match their business needs. All of these fast, easy-to-implement solutions are created to ensure ongoing improvement in financial performance.

“MoData is excited to announce this partnership with the Financial Consulting division of Mazars. The revenue and cost drivers of financial services businesses are extremely complex. Through this partnership we will be combining MoData’s expertise with the deep understanding and knowledge of Mazars consultants, offering a complete solutions-driven financial consulting service to our customer base throughout Africa,” says MoData CEO Darren Turnbull.

The focus of the consultancy service is on rapid execution, implementing small changes within an organisation’s existing infrastructure, to achieve significant and enduring financial benefits, without disrupting day-to-day business operations. The process is initiated with a diagnostic deep-dive into business practices and performance. A list of customised recommendations is then drawn up, taking into account the specific business needs and goals. Throughout the implementation process, MoData and Mazars consultants monitor and track outcomes to ensure full value is achieved.

This partnership underscores both MoData and Mazars’ commitment to seeking out and delivering innovative result-driven solutions to meet the needs of banks and financial institutions in the ever-changing digital and business landscape. By combining both organisations’ decades of expertise and understanding of the region and business challenges, clients will be assured of an agile solution that both meets, and anticipates, their developing needs.

“The global pandemic has compounded pre-existing challenges to the profitability of the banking industry in Africa. We’re delighted to be working with MoData to expand access to our range of specialist services that have already benefited leading banks around the world” says Mazars Executive Director Jon Causier.

About MoData

For the past three decades, MoData has been offering innovative, intuitive and intelligent digital business solutions for the financial services and retail sector, including implementation, professional advisory services and support.

The MoData team of specialists prides itself on its agility and entrepreneurial approach to finding smart solutions to clients’ needs, with an emphasis on cost optimisation, back office transformation and customer satisfaction. Their diverse range of product offerings means they are able to provide businesses with everything they need to transform into an effective, digital organisation.

About Mazars

Mazars is a leading international audit, tax and advisory firm. Operating as a united partnership, the organisation works as one integrated team, leveraging expertise, scale and cultural understanding to deliver exceptional and tailored services in audit and accounting, as well as tax, financial advisory, consulting and legal services.

Founded in Europe, Mazars opened their first office in 1945 and since then has grown into a global, connected partnership of over 40,000 professionals, across all continents.

Mazars’ clients benefit from their ability to combine technical expertise with both a global perspective and local knowledge.