Ankura Consulting Group

Ankura Consulting Group

Turnaround, growth, and risk management consulting

Overview

1) What the company does: Ankura provides tailored consulting services in turnaround and restructuring advisory, growth advisory, and risk management for a diverse set of clients, helping them address challenges, grow value, and protect against risks. 2) How the product works: The firm assembles a customized team of former C-level executives and industry specialists to develop and execute client-specific strategies. Engagements are collaborative, with teams working closely with clients; fees are based on project scope, complexity, and expertise required. 3) How it differs from competitors: Ankura emphasizes a flexible, problem-solving approach using a carefully assembled mix of expert professionals and technology-enabled processes, delivering bespoke solutions rather than one-size-fits-all services. 4) What the company’s goal is: To help businesses navigate challenges, grow sustainably, and manage risks by providing expert, customized guidance and execution.

About Ankura Consulting Group

Simplify's Rating
Why Ankura Consulting Group is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Data & Analytics

Consulting

Financial Services

Company Size

1,001-5,000

Company Stage

Debt Financing

Total Funding

$810M

Headquarters

New York City, New York

Founded

2006

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Simplify's Take

What believers are saying

  • April 28 2026 Managed Services expands recurring revenue from AML, KYC, sanctions, and fraud operations.
  • January 15 2026 promotions of 19 senior managing directors signal aggressive capacity-building and retention.
  • July 2026 Middle East financial services and Saudi steel wins prove cross-border demand remains strong.

What critics are saying

  • A&M launched APAC Financial Crime in March 2026, directly attacking Ankura's compliance growth engine.
  • FTI, Protiviti, and Alvarez & Marsal now sell similar AI-enabled managed services, crushing pricing power.
  • If restructuring volumes weaken by 2027, Ankura's distressed-work engine and staffing model lose momentum.

What makes Ankura Consulting Group unique

  • Ankura pairs restructuring, disputes, cybersecurity, and financial crime advisory under one multidisciplinary platform.
  • AI Analyst and Omniscient Platforms give Ankura proprietary automation plus data-and-AI advisory depth.
  • June 2026 Chambers rankings validate Ankura's strength in litigation support and crisis risk management.

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Funding

Total Funding

$810M

Above

Industry Average

Funded Over

2 Rounds

Debt funding comparison data is currently unavailable. We're working to provide this information soon!
Debt Funding Comparison
Coming Soon

Benefits

Remote Work Options

Professional Development Budget

Growth & Insights and Company News

Headcount

6 month growth

0%

1 year growth

-1%

2 year growth

0%
Consulting.us
Jul 1st, 2026
Vertex hires Chad Paulin as AI strategy officer.

Vertex hires Chad Paulin as AI strategy officer. 01 July 2026 Consulting.us The Vertex Companies, a New York-headquartered management consulting firm, has hired Chad Paulin as AI strategy officer, effective August 2026. Based in Atlanta, Paulin will develop Vertex's AI strategy and will work clients to address their project needs. "As AI continues to rapidly evolve and its full capabilities are uncovered, it's crucial Vertex is developing and executing a strategy for our firm and our clients," said Mary Beth Edwards, chief commercial officer and head of global business, Vertex. "While we have already integrated AI into some of our technology, Vertex will benefit from having Chad's creative, strategic mindset on our leadership team helping to propel us forward." Paulin has more 25 years of experience in litigation consulting, with a focus on illustrations and visualizations for life sciences sector disputes. A scientific and medical illustrator, Paulin has deep expertise supporting corporate and legal firm clients with medical illustration and animation, code-based data visualization, 3D illustration, and interactive multimedia. He has assisted litigation clients across matters including pharmaceutical product liability, medical malpractice, toxic tort, insurance, antitrust, breach of contract, and environmental issues. Paulin has helped develop several proprietary tools for visual communication and litigation presentation, and has a patent pending as sole inventor on a unique data visualization platform. "Not only is Chad a proven leader, but he is also a true innovator in the consulting industry with experience creating tools and solutions with meaningful impacts for clients," Edwards added. Paulin joins from Ankura, where he was a founding partner and a senior managing director in the disputes and economics group. Before Ankura, he spent nine years at FTI Consulting, where he was a managing director. Earlier in his career, Paulin was a graphics technology manager at TrialGraphix. Paulin has a bachelor's degree in scientific illustration from the University of Georgia. Vertex was founded in 1995 and has more than 900 people across the US, Canada, UK, Qatar, and UAE. The firm provides strategic advisory, project management, and dispute resolution services to law firms and clients in construction, real estate, aviation, manufacturing, energy, and government. Vertex has practices in technical claims and disputes, dispute and expert witness services, compliance and regulatory, risk assessment and loss control, and project advisory.

Cosmopolitan Daily
Jun 29th, 2026
Ankura expands its Middle East footprint with dedicated Financial Services Advisory practice.

Ankura expands its Middle East footprint with dedicated Financial Services Advisory practice. Global expert services and advisory firm Ankura has formally announced the launch of its Financial Services Advisory practice in the Middle East, marking a significant expansion of its regional capabilities as demand for high-calibre financial advisory services across the Gulf Cooperation Council (GCC) continues to grow. The move comes after several months of deliberate senior-level hiring across Ankura's Dubai and Riyadh offices - a build-up that had drawn considerable attention within the regional consulting market before the formal announcement was made. A Practice Built on Senior Talent The new Financial Services Advisory practice is led by Zeeshan Idris Khwaja, Senior Managing Director, who is based at Ankura's Dubai office in the Index Tower, DIFC. Khwaja, who serves as EMEA Head of Financial Services Advisory, brings deep expertise in business strategy, C-suite advisory, and central bank engagement across emerging and developed markets. Alongside Khwaja, the practice is supported by a team of seasoned professionals assembled in recent months, including Adil Khan, Kabeer Paliwalla, Salah Hamawi, and Sami Roumani - each bringing specialised capabilities that collectively position the practice to address a wide range of client needs across the financial services landscape. "Our new Financial Services Advisory practice in the Middle East is focused on helping clients translate strategy into measurable outcomes - driving growth, enabling transformation, and delivering sustained performance," Khwaja said in a statement. "The GCC's financial services sector is at an inflection point, and we are here to help institutions navigate that complexity with clarity and confidence." What the Practice Offers The Financial Services Advisory practice is designed to serve banks, insurers, asset managers, capital markets participants, and financial regulators operating in the Middle East. Its service lines span: * Strategy and growth advisory - helping institutions define and execute market expansion, product innovation, and competitive positioning strategies * Transformation and performance improvement - supporting operational overhauls, digital enablement, and organisational redesign * Risk, compliance, and regulatory advisory - guiding clients through evolving regulatory frameworks, including those aligned with the UAE Central Bank and Saudi Arabia's Vision 2030 financial sector reform agenda * Financial crime compliance - building on Ankura's broader managed services capabilities in anti-money laundering (AML), know-your-customer (KYC), and sanctions compliance The practice will operate across the firm's established Middle East offices in Dubai and Riyadh, with access to Ankura's global network of experts across the United States, United Kingdom, Europe, Asia-Pacific, and beyond. A Region Ripe for Advisory Growth The timing of Ankura's launch reflects broader dynamics reshaping the Middle East's financial services sector. The UAE and Saudi Arabia are both executing ambitious economic diversification programmes - the UAE's Cosmopolitan The Daily the UAE 2031 vision and Saudi Arabia's Vision 2030 - that are fundamentally restructuring the role of financial institutions in supporting growth, foreign investment, and capital market development. Regional banks are under increasing pressure to modernise their operating models, adopt digital and AI-enabled capabilities, and meet heightened regulatory expectations. Meanwhile, the expansion of sovereign wealth fund activity, private equity deal flow, and cross-border capital movements is generating sustained demand for sophisticated advisory services. For Ankura, which has been building its Middle East presence steadily since establishing offices in Dubai and Riyadh, the formal launch of a dedicated financial services vertical represents a clear signal of strategic intent in one of the world's fastest-growing advisory markets. Ankura's Broader Middle East Trajectory This latest launch follows a pattern of disciplined capability-building in the region. In 2023, Ankura launched a dedicated Turnaround & Restructuring practice in the Middle East, led by Senior Managing Directors Karim Labban and D. Geraint Thomas - a practice established to support clients navigating financial distress, complex restructurings, and balance sheet challenges. The firm has also continued to invest in its financial crime compliance capabilities, recently announcing managed services offerings designed to help financial institutions scale their compliance operations efficiently and cost-effectively. Taken together, these moves reflect Ankura's broader ambition to establish itself as a full-service advisory partner for financial institutions operating in - and entering - the Gulf market. Ankura Consulting Group, LLC is a global expert services and advisory firm headquartered in the United States, with offices across North America, Europe, Asia-Pacific, and the Middle East. The firm provides a broad range of specialised advisory services spanning disputes and investigations, cybersecurity and data privacy, forensics, governance, finance, risk and compliance, digital transformation, operations, and turnaround and restructuring. Ankura serves clients across a wide range of industries, with financial services among its core verticals. In the Middle East, the firm operates through its offices in Dubai and Riyadh, serving financial institutions, government entities, corporates, and private equity clients throughout the GCC. Cosmopolitan The Daily is a global business publication delivering authoritative, fact-driven coverage of Finance, Technology, Energy, and Real Estate sectors across international markets. With editorial offices spanning New York, Toronto, London, Dubai, Bangalore, Kuala Lumpur, and Sydney, the publication serves directors and senior executives of leading organisations worldwide. Through its in-depth reporting, market intelligence, and the annual Business Excellence Awards programme - which recognises outstanding companies from startups to large corporations across sectors and geographies - Cosmopolitan The Daily provides business leaders with the comprehensive insights and sectoral expertise they need to operate with confidence in an increasingly complex global environment. Article Rating

Florida MedSpace
Jun 10th, 2026
Citrus County's growth raises questions about future health care capacity.

Citrus County's growth raises questions about future health care capacity. Citrus County's health care landscape is entering a period of long-range planning as population growth, aging demographics and persistent provider shortages place new pressure on the local medical system. Recent findings from a Community Health Needs Assessment point to several significant challenges facing residents, including limited access to physicians and specialists, chronic disease, behavioral health needs and obstacles that prevent patients from obtaining timely medical care. The report reflects a broader concern for the county: what kind of health care infrastructure will be needed five, 10 or even 20 years from now? That question is already shaping decisions by area hospital systems and health care providers. Both Tampa General Hospital and HCA Florida Healthcare have made recent investments in Citrus County, while additional planning is underway to determine where future services may be needed most. Earlier this year, HCA Florida Healthcare opened the $16 million HCA Florida Black Diamond Emergency facility in Lecanto. The freestanding emergency department includes 14 treatment spaces and advanced imaging services, adding emergency care capacity in the central part of the county. Tampa General Hospital has also been evaluating future growth opportunities after acquiring 53 acres in central Citrus County near its existing freestanding emergency center. While no final development plan has been announced, hospital leaders are studying long-term community needs before determining what services could eventually be placed on the site. The planning comes as demand for care in central Citrus County has increased faster than some providers expected. Emergency volumes at freestanding facilities have demonstrated the need for greater access points outside traditional hospital campuses, particularly as the county continues to grow. To guide future decisions, Tampa General has hired consulting firm Ankura to conduct a regional assessment focused on identifying service gaps and forecasting future demand. The process is expected to include input from physicians, residents, local leaders and community organizations over the next two years. Access to care remains a core challenge. Access to medical care emerged as one of the most pressing issues in the assessment. About one-quarter of survey respondents said they had needed medical care during the previous year but were unable to obtain it. Common reasons included cost, difficulty scheduling appointments and inability to take time away from work. Stakeholders interviewed for the assessment also cited shortages of physicians and specialists, particularly in rural areas of Citrus County. Transportation challenges, low health literacy and difficulty navigating the health care system were also identified as barriers. Physician recruitment remains a critical part of the county's future health care strategy. Tampa General recently added a primary care physician in Lecanto and has hired another physician expected to begin practicing in Citrus Hills later this year. The system is also recruiting specialists in areas including vascular medicine and gynecology. Recruiting physicians to smaller markets can be difficult, particularly as health systems nationwide compete for a limited pool of providers. Chronic disease is increasing demand for services. Citrus County also faces many of the chronic health conditions affecting communities across Florida, especially those with older populations. Heart disease remains the county's leading cause of death, at 135.6 deaths per 100,000 residents, followed closely by cancer at 133.4 deaths per 100,000. One-third of survey respondents reported having high blood pressure. Obesity and food insecurity were also highlighted in the assessment. About one-third of adults in Citrus County are classified as obese, and nearly one in four children experiences food insecurity. Those findings are influencing service expansion decisions. Cancer care, for example, has become an area of increased focus after data showed elevated lung cancer rates in the region. Tampa General has recruited a thoracic surgeon, expanded lung cancer treatment services and added technology designed to help physicians biopsy and diagnose small lung nodules earlier. The system has also expanded cervical cancer screening efforts and is evaluating additional oncology specialties for the area. Behavioral health remains an unmet need. Behavioral health services were repeatedly identified as a major gap in Citrus County. The county has fewer mental health providers per resident than the state average, and residents and community stakeholders cited behavioral health as one of the area's most significant unmet needs. Emergency departments across Florida continue to see behavioral health patients on a daily basis, and Citrus County is no exception. While additional behavioral health investment is occurring in parts of the state, providers say broader solutions will be needed to improve access to mental health care locally and statewide. Workforce development will be essential. Meeting Citrus County's future health needs will require more than new buildings and equipment. The county will also need a larger pipeline of trained health care workers. To help address that issue, Tampa General has partnered with Citrus County Schools to place athletic trainers in local high schools and support the Academy of Health Careers program. The initiative gives students exposure to health professions, scholarship opportunities and pathways to pursue medical careers close to home. Those efforts reflect the long-term nature of the county's health care challenge. As demand grows, providers will need to plan not only for facilities and services, but also for the people required to deliver care. Citrus County's growth is no longer a future possibility. It is already reshaping demand for emergency care, primary care, specialty services, behavioral health and workforce development. The question now is how quickly the region's health care infrastructure can adapt.

Consultancy.uk
Jun 3rd, 2026
Alvarez & Marsal hires sports experts Jonathan Brown and Felix Vetter.

Alvarez & Marsal hires sports experts Jonathan Brown and Felix Vetter. 03 June 2026 Consultancy.uk Alvarez & Marsal has welcomed Jonathan Brown and Felix Vetter as Managing Directors in its Disputes & Investigations and Sports practices. Both join in London. Jonathan Brown advises clients on investigations, disputes, and regulatory matters. He has additional experience in transactions and particular depth in the sports sector. His investigation work focuses on allegations of fraud, corruption, and financial misconduct and frequently involves parallel UK and US enforcement. Brown has acted as an expert and shadow expert in disputes involving accounting irregularities or the conduct of senior management and directors. He has extensive experience in stressed and failed businesses, including matters involving insolvency, asset recovery, and misfeasance. Brown has significant experience in the sports sector, including conducting ethics investigations, forensic reviews, and governance assessments for multiple international sporting federations. He has given expert evidence before the Court of Arbitration for Sport and in proceedings relating to the Premier League's profit and sustainability rules. He advises investors, leagues, clubs, and governing bodies on acquisitions, investments in sports infrastructure, and counterparty risk. Brown joins from Ankura, where he was a Senior Managing Director and co-lead of its Global Investigations & Forensic Accounting practice. Earlier, he spent more than 15 years at Control Risks and EY. "I'm incredibly happy to get started, have had the warmest of welcomes, and am looking forward to reuniting with Felix - a long-time travel companion to some of the world's least hospitable destinations, and my partner in crime in many of the sports regulatory matters I've worked on over the years," said Brown. His "partner in crime", Felix Vetter, has followed a similar career path to Brown - he too joins from Ankura and previously worked at Control Risks and EY. He similarly has deep sectoral experience in sport, having been involved in numerous high-profile cases and prosecutions concerning breaches of financial regulations in England and Europe. Vetter also regularly supports sports governing bodies with forensic investigations, forensic accounting, and advice on governance and integrity frameworks. Throughout his career, he has undertaken assignments across several other sectors globally, with particular experience in the UK, Europe, Russia, Africa, and the Middle East. "The opportunity to build out the Sports Advisory practice at Alvarez & Marsal, working with a hugely impressive cross-service-line group heavily involved in major deals, disputes, infrastructure projects, performance improvement and regulatory matters in the sector, was difficult to pass up," said Vetter.

Ankura
Apr 28th, 2026
Ankura launches expert-led, AI-Enabled Managed Services to help financial institutions scale Financial Crime Compliance Operations.

Ankura launches expert-led, AI-Enabled Managed Services to help financial institutions scale Financial Crime Compliance Operations. April 28, 2026 (New York, NY - April 28, 2026) Ankura Consulting Group LLC ("Ankura") a leading global advisory and expert services firm, today announced the launch of a new Managed Services offering designed to help banks, payment providers, and financial services organizations meet growing regulatory demands while improving efficiency and operational resilience. The new service offering expands Ankura's ability to deliver scalable, technology-enabled solutions leveraging a global delivery model across key geographic regions. This global delivery approach not only enhances coverage and responsiveness but also drives significant cost reductions while strengthening operational resiliency for clients. With decades of experience supporting global and regional banks, cryptocurrency exchanges, payment platforms, and other high-growth digital financial institutions, Ankura's Managed Services group combines deep financial crime compliance expertise with advanced AI-driven automation solutions and a global footprint to deploy skilled resources across diverse geographies and time zones, ensuring 24/7 operational coverage and rapid response to client needs. The launch comes as financial institutions face heightened regulatory scrutiny, rising transaction volumes, and growing pressure to modernize compliance operations responsibly. "Organizations across the financial ecosystem are under immense pressure to manage risk more efficiently and effectively," said Regina Lee, Head of Risk Advisory for Ankura. "The formation of our Managed Services group enhances Ankura's ability to provide end-to-end, operationally robust solutions, delivered by experts that have worked across traditional financial institutions and next generation digital asset platforms to drive operational rigor, industry insight, and the ability to scale quickly in complex, highly regulated environments." AI-Enabled Financial Crime Compliance Operations A key differentiator of Ankura's new Managed Services offering is the integration of Ankura's proprietary "AI Analyst", an agentic AI platform designed to streamline financial crime compliance workflows using advanced AI technologies including large language models, machine learning, and intelligent automation. The platform delivers intelligent workflow automation, advanced analytics, and large-scale summarization capabilities for financial institutions, resulting in accelerated reviews, reduced manual effort, improved accuracy and consistency, and lower operational costs while maintaining regulatory rigor and quality standards. "With our Managed Services offering, we've paired deep human expertise with cutting-edge technology to deliver faster, more accurate risk decisions while significantly reducing cost and operational pressure," said Lee Hale, Co-Head of Financial Crime Compliance. "This approach helps compliance and risk leaders reduce operational strain, manage cost, and scale confidently as regulatory expectations continue to rise." Comprehensive Managed Services Capabilities From regulatory lookbacks and backlogs to ongoing reviews of alerts and cases, its operational model is rapidly deployable, scalable, and has been implemented across multiple functional areas, such as: * Financial Crime Operations with embedded quality controls - AML/KYC alert reviews, transaction monitoring investigations, sanctions screening, fraud alerts and investigations, and enhanced due diligence. * Regulatory Filings & Reporting - preparation and submission of critical regulatory reports, including Suspicious Activity Reports (SARs), Suspicious Transaction Reports (STRs), Currency Transaction Reports (CTRs), and other jurisdiction-specific filings requiring accuracy, timeliness, and deep domain knowledge. * Risk Monitoring & Analytics - ongoing brand risk management, market manipulation and insider trading surveillances, exam-ready reporting, and technology enabled risk insights. * Crypto & Fintech Support - regulatory readiness, tailored controls, operational scaling, and virtual asset compliance frameworks.

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