New York – June 27, 2011
Orchard Street Partners, a leading provider of management consulting services to the financial services industry, announced today that they have formed a strategic partnership with Wall Street Services, a leading provider of contract employee solutions to the financial services community.
The partnership will involve a unique combination of Orchard Street Partners’ abilities to assist its clients in the development and execution of strategic initiatives and Wall Street Services unsurpassed abilities to provide task- and project-specific staffing resources to assist in the execution of those strategies.
Since 2006, Orchard Street Partners has worked closely with a variety of financial services enterprises including: banks, asset managers, insurance companies, law firms, municipalities and related technology and administrative services companies in the development and execution of strategic growth strategies.
For more than 25 years, Wall Street Services has proven itself to be a highly efficient source of contract and other short term staffing solutions to the financial services industry. Headquartered in New York’s Financial District, Wall Street Services provides unmatched access to a deep pool of financial services professionals in multiple disciplines including accounting, trading, operations, technology, risk management, legal and compliance.
Mark F. Ferraris, Managing Principal for Orchard Street Partners, said “We are delighted to launch our partnership with Wall Street Services. Their advanced technologies for candidate screening and recruiting will provide our clients with an unrivaled resource for staffing their most important projects. We already know that more and more clients are looking to contract-based solutions to address rapidly changing market environments, as this provides them with increased flexibility, higher quality control and enhanced expense management. The partnering of Orchard Street’s strategic consulting solutions and Wall Street’s dynamic staffing solutions is a natural fit for our clients.”
Ferraris added, “We believe that the combination of Orchard Street’s capacities for assessment, design and implementation of critical strategies and Wall Street Services’ unique abilities to source and qualify high quality staffing resources will provide our clients with a very valuable alternative to more traditional approaches for both project implementation and long term staffing strategies.”
Peter J. Laughter, President of Wall Street Services said, “So many of the clients we have served over the years are in the midst of retooling and redesigning their business strategies. Many are choosing to utilize more project-based or shorter term staffing solutions as they look ahead. We see our partnership with Orchard Street Partners as a natural extension of these trends and we are committed to providing both new and existing clients with the most efficient methodologies available to identify and employ the technical staffing resources that they require to be successful.”
Based in New York, Orchard Street Partners provides a unique array of strategic consulting services to its financial services clients; positioning itself as an extension of its clients’ executive management team for initiatives in several critical areas including product assessment and re-engineering, new product and market development, product and service distribution strategies and acquisition or divestiture strategies. For more information about Orchard Street Partners, please go the company’s website at www.ospartners.net.
Wall Street Services has served the financial services markets for nearly three decades, and offers its clients a highly-responsive, state-of-the-art recruiting engine for filling short-term and interim staff for back, middle and front office positions. For more information about Wall Street Services, please go to the company’s website at www.wallstreetservices.com.
Contacts: Mark Ferraris, markferraris@optonline.net, 516.503.9007
Peter Laughter, pjlaughter@wallstreetservices.com, 212.509.7200
