Strong Market Position Duff & Phelps, operating within the highly competitive business consulting and services industry, boasts a substantial revenue range of one to ten billion dollars and a workforce of up to 1,000 employees, indicating a well-established presence that can benefit from expanding its service offerings and geographic reach.
Recent Strategic Expansions The company has recently launched innovative products like the Kroll StepStone Private Credit Benchmarks and secured new clients such as Wayne County, demonstrating a focus on expanding its financial advisory solutions and strengthening client relationships that could lead to cross-sell opportunities.
Technology Adoption Utilizing an advanced tech stack including SQL Server, Selenium WebDriver, and VMware, Duff & Phelps is positioned to enhance its data analytics, automation, and cybersecurity capabilities, which can be leveraged to address clients’ digital transformation needs in risk management.
Recent Challenges The company has faced notable issues, such as a class-action lawsuit related to a data breach and a forensic review of city finances, highlighting areas where enhanced cybersecurity and compliance consulting services could be valuable to similar clients seeking risk mitigation.
Growth Through Acquisition Since its acquisition by Stone Point Capital and Further Global in 2020, Duff & Phelps has demonstrated growth potential and stability, offering an opportunity to introduce new advisory services, specialized solutions, and digital tools to existing and prospective clients navigating complex financial environments.