What Is Fractional Consultancy?
Fractional Consultancy is a business model where experience professionals, from transformation experts to C-suite level, are hired on a part-time or project-specific basis. Instead of hiring a full-time employee, your organisation gets to benefit from high-level expertise but for a "fraction" of the time and cost.
The founders of Cyperion Solutions have worked in financial services for over 40 years between them, and in that time have worked with some outstanding and talented people at all levels. We have built a diverse directory of Fractional Consultants who are ready to provide expert support in-line with your strategic objectives and budget requirements.
The average saving for using a Fractional Consultant is between 40%-60% depending on the role type and required time. Many of our consultants typically work between 5-20 hours per week for their clients, but this can be increased or decreased in-line with your demands.
Our Fractional Consultants have all been vetted and verified and can be on-boarded at short notice.
Fractional Consulting Solutions
Fractional Consultant Vs Traditional Consultant
Traditional Consultant:
Often brought in for a specific project with a defined scope and timeline. They provide advice and a roadmap but may not be involved in the execution. Provides full-time support, often on a day-rate contract with the consultancy firm or directly with the client.
Fractional Consultant:
Acts as an integrated, part-time member of the leadership or programme team. They provide strategic guidance, but also take ownership of execution and outcomes within their functional area. They are an on-demand expert who can be more involved in the day-to-day operations and culture of the company.
Is a fractional consultant right for me?:
Reasons to hire a fractional consultant:
Cost-effectiveness: Fractional Consultants charge a fixed hourly rate, you decide how many hours per week you need a consultant for. With no permanent position being offered, you gain access to professionals for a fraction of the cost of a full-time salary, benefits, bonuses, and other overheads.
Access to high-level expertise: If you only need a position to be filled for a short time period, or you need people with very specific skills and experience, appointing somebody on fractional basis may work for your organisation.
Flexibility and Agility: You can scale your consultant's time up and down as required. Ideal for short-term projects, periods of rapid growth, or for filling a temporary gap while searching for a permanent hire.
Objective, External Perspective: A fractional consultant is not involved in internal company politics. They can provide unbiased, data-driven insights and are often more willing to challenge the status quo to drive change.
Faster Results: Experienced fractional consultants can "hit the ground running." They don't require extensive onboarding and can provide immediate value by applying their knowledge and experience from working with multiple organisations.
Risk Mitigation: Hiring a fractional consultant is a lower-risk commitment than hiring a full-time employee. It allows your organisation to "try before you buy" and ensures they don't get locked into a long-term relationship with the wrong person.
What Types Of Roles Can We Provide?
We have partnered with senior, C-suite consultants, but also project and programme based consultants. We continue to expand our fractional offering and we are constantly adding new consultants to our books.
C-Suite Consultants
COO - Chief Operating Officer
CMO - Chief Marketing Officer
CFO - Chief Financial Officer
CIO - Chief Information officer
CTO - Chief Technology Officer
Project/Programme Consultants
Programme Manager
Project Manager
Transformation Lead
Programme Director
Lead Business Analyst
Head of Project Management
PMO - Multiple Levels
Compliance Roles
MLRO
Deputy MLRO
Director of Financial Crime
Senior Financial Crime Consultant
AML/KYC Analyst
Specialist Roles
CEO - Retail
Transformation Lead - M&A
Financial Crime Programme Lead
Compliance Project Manager
Sales Director
Remediation Specialist
Fraud Prevention
Our fraud prevention services involve helping to build effective strategies, choosing technology vendors for fraud prevention and transaction monitoring and solutions for fraud alerts and escalations.
Technology Advisory
Financial crime technology is constantly improving, for organisation needs to be one step ahead in order to protect your customers. We have access to a wide variety of vendors providing platforms, AI and machine learning solutions.
