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From small beginningsā€¦into something mighty

Cherrybank Consulting is an innovative consultancy founded in 2019 with a wealth of experience in growing regulated financial businesses in the United Kingdom and internationally.

How we can help

We work with you from the ground up to create the optimum conditions for your business to flourish. Click below to explore our range of services, from Authorisations to Remediations.

Who we work with

Cherrybank has worked with start-ups and scale-ups across the financial spectrum including banks, asset managers, funds, corporate finance advisers and open banking platforms.

Where to start

Starting a new business can feel daunting. We have collated a number of links to nourish your ideas, build a robust foundation for your company, and help you grow in the right direction.

Our approach

We specialise in nurturing businesses from their inception, tailoring our deeply rooted experience in Operations, Compliance and Risk into a bespoke approach that suits the scale and complexity of each firm.

  • A successful business is a complex machine governed by a multitude of operational choices. Ensuring that these choices best align with your interests requires careful research, deliberation, and significant leg work.

    Budgeting, building out systems and controls, selecting outsource providers, recruitment, branding and drafting company documents are all vital to the success of your business. But every hour spent on these is time away from where you are most valuable - focusing on your passion, your vision, and your ambition for your company.

    At Cherrybank, we specialise in providing assistance on every aspect of your operational needs. We will give our full attention to the decisions that need to be made and actions that need to be completed, allowing you and your team to focus on the areas that are most valuable to you.

    By tailoring our services to your individual needs from the outset, we are able to build a robust foundation for your company, ensuring that you grow from a place of strength for many years to come.

  • Financially regulated firms are obligated to follow a complex system of rules and guidance that can seem overwhelming to a new business. Policies, procedures, systems and controls are required as part of the authorisation application process, and compliance from day one is fundamental.

    But each organisation is bound by different requirements dependent on the business model, and establishing which rules and guidance apply to you is a daunting task. Completing the assessment yourself can come at a significant cost of time and resources, both of which could be better spent on your core business goals.

    Cherrybank has guided many businesses through this challenge. We work to determine which rules and guidance apply to your company, before designing and building a comprehensive response to those requirements.

    Products include policies, procedures, bespoke training, and annual compliance plans. These will be tailored to the size and complexity of your business, ensuring that they align to the regulations while being cost-effective and user-friendly.

  • A strong business knows where its weak spots are. Being prepared for inclement conditions and knowing that your business can weather the storm is crucial in building an enterprise that will endure through the years.

    Your company faces regular challenges that vary from the local to the global, from the personal to the national. Having a comprehensive understanding of the risks to your business is not only advisable, it is essential for an organisation that needs to navigate our uncertain modern times.

    Cherrybank can assist you in identifying and assessing the risks to your business, executing mitigation plans, and considering what issues may manifest in the months and years ahead, so that appropriate measures can be taken well in advance.

    By being suitably prepared for worst case scenarios, we ensure that the day to day running of your business can continue uninterrupted.