Bankhawk Expands to North America Market; Robert Dewen is Appointed CEO of North American Operations
Bankhawk, a pioneering advisory firm specializing in optimizing company banking and payment processes, is pleased to announce that it is expanding its global footprint and entering the North American market. Along with the decision to expand its operations, Robert Dewen is joining the company as CEO of North American Operations to oversee this new venture.
The announcement was made as part of Enterprise Ireland’s trade delegation to the U.S. this week for St. Patrick’s Day, highlighting the expanding role of its companies in the American economy. The delegation was led by Ireland’s Prime Minister, Taoiseach Leo Varadkar, who will meet President Biden at the White House for the traditional St. Patrick’s Day meeting.
Founded by Brian Weakliam in 2007, Bankhawk helps companies transform financial management by using banking and payment data for instant insights and significant savings. Bankhawk benchmarks the company’s banking efficiency and payment arrangements across multiple providers, currencies and geographic locations with speed, accuracy and precision.
Its growing global client roster includes the aviation, leisure, retail, healthcare, telecommunications, consulting and insurance industries. Existing clients include EY, KPMG, PWC, IHG, Mercer, AIG, RSA, Aon, and Canada Life. Companies have added over $180 million in additional profits by deploying Bankhawks specialist services.
Brian Weakliam, Bankhawk CEO and Founder, commented, “Our early focus was on providing technology solutions to European companies to give greater visibility into their financial performance. As a result, the service evolved rapidly to provide a professional advisory service to reduce costs and improve profitability within the financial ecosystem.”
Weakliam continued, “In 2023, there was a notable increase in banking and payment industry profits in North America, particularly from the corporate sector, which has led CEOs and finance leaders to question the value for money of these services. Data shows that North American companies are losing billions of dollars to banks and payment companies because of the lack of appropriate commercial arrangements. Rising interest rates drive bank profits, and higher fraud costs drive payment industry profits at the expense of their corporate customers. We are excited to offer companies in North America the opportunity to boost their profits with little or no impact on their business.”
Robert Dewen joins Bankhawk after serving as the CEO of Insurance Services in North America for Davies Group, a global specialist professional services and technology business that serves insurance and highly regulated markets. At Davies, Dewen drove innovation, growth and team performance to position the company as a North American leader in insurance services, solutions and risk management.
“I’m looking forward to bringing my unique skills to Bankhawk and am excited to grow this incredible business in North America. It’s a fantastic opportunity to bring this pioneering proposition to the North American market,” Robert Dewen, Bankhawk CEO of North American Operations, remarked.
About Bankhawk
Bankhawk, founded in 2007, is a pioneering advisory firm specializing in optimizing company banking and payment arrangements processes, delivering hundreds of millions in savings. Through powerful analytics, benchmarking, market intelligence, and domain expertise, Bankhawk enables companies to achieve far greater insight to deliver improved profitability. Bankhawk’s proprietary solution includes services and expertise to put companies back in control of their banking and payment costs. Bankhawk recently won the SAP “Most Transformative” award at SAPPHIRE NOW.
About Enterprise Ireland
Enterprise Ireland, the Irish government’s trade and innovation agency and the number 1 VC in Europe supports Irish companies, including Bankhawk, to enter new markets and scale internationally.