Elix-IRR recognised as the Best New Consultancy by the Management Consultancies Association

London - 6 May 2014

The Management Consultancies Association (MCA) has named Elix-IRR Best New Consultancy at their annual awards. This award recognised the outstanding growth from the company that is nearly five years old, along with unprecedented client satisfaction from the marketplace. Elix-IRR also won the coveted Commercial Excellence award for their work with Standard Bank - a large scale, cost-cutting project for their Global Card operations. Standard Bank engaged Elix-IRR to improve vendor management, increase efficiency, and execute the changes that would generate these cost savings. In just two years, Elix-IRR helped Standard Bank realise more than $51m in savings as part of a five year pan-African contract.

Chris Sweeney, Global Head of Card at Standard Bank said: “We worked closely with the Elix-IRR team over several months on a project that delivered significant revenue upside for the bank. The Elix-IRR team brought expert skills to the table and were able to support the bank through delivering robust, analytically driven solutions to complex problems. Over the course of the project, we also appreciated the diligence and persistence of the team, particularly the team’s ability to work through uncertainty and to overcome data gaps to come to sensible recommendations”

Stephen Newton, Managing Partner of Elix-IRR said: “To have won these two awards is a huge honour for us and every single person in the team has contributed to this success. The MCA Awards are the benchmark for quality within the consulting industry, so to be named Best New Consultancy and receive the award for Commercial Excellence is a testament to the high and innovative standards that we hold ourselves to at Elix-IRR. To also be recognised for our ground-breaking work at Standard Bank is a testament to the strategic relationship we have with our longest-standing client.”

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