Core Insights - FTI Consulting is enhancing its Financial Services practice by adding 15 new Senior Managing Directors and Managing Directors in 2025, with Stella Mendes and Jean-Werner de T'Serclaes appointed as Global Practice Leaders [1][2] Group 1: Company Developments - The Financial Services practice at FTI Consulting comprises over 200 professionals who address various client issues, including risk management, performance challenges, and growth opportunities [2][3] - Recent senior appointments include Alma Angotti, Chris Allen, Michael Herde, Michael Peters, and Julien Wallen [4] Group 2: Industry Context - Financial institutions are facing rapidly changing regulations, sophisticated criminal activities, and economic uncertainties, prompting a need for expert guidance [5] - A 2024 Economist Impact study found that 29% of financial services general counsel identified regulatory and compliance crises as the greatest risk, with technology crises also highlighted [5] - Geopolitical shifts in 2025 are expected to create opportunities for financial services leaders to assess risks and innovate [6] Group 3: Company Overview - FTI Consulting operates globally with over 7,900 employees across 32 countries, generating $3.70 billion in revenue in fiscal year 2024 [7]

Summary of Conference Call Company and Industry Overview - The conference is hosted by Vontier, a company focused on the convenience retail sector, which includes convenience stores and related services [2][11] - The convenience store industry is a significant segment, with over 1,000,000 stores globally and 150,000 in the U.S., generating $800 billion in annual sales [7][8] - Convenience stores are evolving from fuel-only stops to destinations for fresh food and beverages, with 50% of visits now for non-fuel products [8][9] Key Insights and Strategic Vision - Vontier aims to lead the transformation of the convenience retail market by digitizing and integrating operations for growth-focused operators [9][10] - The company emphasizes its connected mobility strategy, which is central to its growth and competitive differentiation [16][17] - Vontier's business model is built around three end markets: convenience retail, fleets, and repair, with convenience retail representing 70% of its business [22][30] Market Dynamics and Growth Drivers - The convenience retail market is projected to grow at 6%, with non-fuel sales historically growing at 4% [75] - The average convenience store footprint is expanding, with more dispensers and a focus on food convenience [76] - Proximity to consumers is a key factor, with nearly half of Americans living within a mile of a convenience store [77] Competitive Landscape - Vontier holds a strong market position, with number one or two shares in various segments, including fueling and environmental solutions [92][100] - The company is focused on larger retailers, which represent over two-thirds of industry spending, positioning itself to capture significant market share [100] Regulatory and Compliance Factors - Ongoing regulatory changes are driving the need for compliance solutions, which Vontier is well-positioned to address [36][39] - The company invests in engineering capabilities to navigate regulatory landscapes effectively [38][46] Innovation and Technology - Vontier is enhancing its product offerings through innovation, including software development and integrated solutions [28][62] - The company has doubled its software engineering team to improve value propositions for customers [28] Customer Engagement and Loyalty - Convenience stores are leveraging digital media and loyalty programs to enhance consumer engagement and drive sales [98] - The average in-store basket size has increased to over $8, indicating a shift in consumer purchasing behavior [98] Conclusion - Vontier is strategically positioned to capitalize on the growth of the convenience retail market through innovation, strong market presence, and a focus on customer needs [67][68] - The company aims to reduce complexity for customers and enhance value through integrated solutions [68]