Siggy Seibold

Partner, Capital Markets Practice, McKinsey & Company

Sigrid (Siggy) Seibold is a leader in McKinsey’s Corporate & Investment Banking practice in North America. Her 25 years of client work in the U.S., Europe and Asia has spanned major investment banks. Themes and highlights include –

Technology, Fintech and Innovation:

  • Rapidly assessed technology spend to capture savings opportunities and established IT procurement capability
  • Front-to-back review of technology platforms and related cost base to identify efficiency and cost cutting opportunities
  • Assessing and applying 3rd party machine learning, Artificial intelligence and digital ledger technologies
  • Helping a consortium of investment banks to explore disruptive approaches to reference data management, establishing a utility
  • Cloud Operating model and mainframe migration scenarios
  • Filed a patent, protecting a mathematical workflow solution pertaining short-selling regulation in investment banking

Operating Model and Operational Efficiency:

  • Front-to-back review of Global Markets business lines to identify efficiency and cost cutting opportunities
  • Assessed ‘Right-Sourcing’ approaches and implemented location strategies, CoE’s, Shared Services and outsourced functions
  • End-to-end operations capability assessments to help implement uplift by leveraging automation and analytics technology
  • Designed target business and technology operating model for Global bank

Institutional Client Onboarding and KYC:

  • Led McKinsey’s 2020/2021/2022 Global benchmarks across >20 Global banks
  • Diagnostic of a Global bank’s KYC process with ~35% capacity uplift while improving risk effectiveness and client experience
  • Established an outsourced Center for KYC Operational Excellence for a major bank

Prior to McKinsey, Siggy was a partner at KPMG and Accenture. She started her professional career as banking apprentice, trainee investment banking and FX trader at Deutsche Bank before working for a decade in IBM’s consulting practice.

Siggy has been a speaker at Capital Markets industry conferences such as SIFMA and is a published author the Wallstreet Journal. She holds an MBA in finance from City University.