Promontory, a Business Unit of IBM, is a consulting firm that specializes in financial services. Founded in 2001 by Eugene A. Ludwig, a former U.S. Comptroller of the Currency, Promontory has grown to become a leading global consultancy that offers a wide range of regulatory, compliance, risk management, and other specialized services to financial institutions and other organizations. In 2016, Promontory was acquired by IBM and has since been incorporated into IBM’s Watson Financial Services group, allowing it to leverage IBM’s technological expertise and global reach. The merged company continues to provide a range of services that help organizations manage risks, comply with regulatory requirements, and make informed decisions about financial investments. Promontory has worked with a wide range of clients, including banks, insurance companies, and government agencies, on a variety of high-profile projects such as regulatory compliance reviews, anti-money laundering investigations, and risk assessments. The company has gained a reputation for its expertise in areas such as consumer protection, cybersecurity, and financial crime prevention. With offices in major financial centers around the world, Promontory’s team of experienced professionals is well-equipped to help clients navigate complex regulatory environments and achieve their strategic goals.