FTI Consulting Announces Technology Alliance with BigID

Rhea-AI Summary

FTI Consulting (NYSE: FCN) has announced a strategic technology alliance between its Technology segment and BigID, a leader in data security and AI-driven data management. The collaboration combines FTI Technology's Information Governance, Privacy & Security practice expertise with BigID's platform capabilities to help clients enhance data management, compliance, and risk management processes.

The partnership aims to assist organizations in discovering, managing, protecting, and extracting value from their data estates while managing risks through a single platform. BigID's technology implementation will be integrated with FTI Technology's digital insights and risk management expertise to deliver improved results across various data objectives and challenges.

Positive

• Strategic alliance with a leader in data security and AI-driven data management
• Expansion of service capabilities in data management and compliance
• Enhanced ability to help clients optimize their data assets and manage risks

Negative

• None.

News Market Reaction – FCN

+0.32%

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+0.32% News Effect

On the day this news was published, FCN gained 0.32%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

WASHINGTON, May 20, 2025 (GLOBE NEWSWIRE) -- FTI Consulting, Inc. (NYSE: FCN) today announced that the firm’s Technology segment has entered into a teaming agreement with BigID, a leader in data security, compliance, privacy and artificial intelligence-driven data management. The Information Governance, Privacy & Security practice within FTI Consulting’s Technology segment will collaborate with BigID to help clients enhance data management and improve compliance, data protection and risk management processes.

“High-integrity, compliant data is foundational to successful modern enterprise projects and products,” said Scott Margolis, a Managing Director within FTI Technology. “Yet, many organizations struggle with locating, inventorying and governing that data, extracting value from it, and mitigating the surrounding risks. With the support of BigID solutions, FTI Technology’s experts empower clients to effectively manage, protect and optimize their vast data estates. This alliance delivers tangible results in tackling critical challenges across information security, data privacy, compliance, AI initiatives and more.”

BigID enables organizations in a range of industries to proactively discover, manage, protect and extract more value from their data and AI, and manage risk, in a single platform for visibility and control. This alliance combines the capabilities of BigID’s platform with the strength of FTI Technology’s expertise in digital insights and risk management, providing clients with streamlined technology implementation and improved results across the spectrum of their challenges and data objectives.

“In this collaboration, we look forward to our ongoing work with a consulting firm that has the expertise in solving the evolving needs our customers seek and that complements our technology across data and AI,” said Ian Williamson, Senior Vice President of Global Channel & Alliances at BigID. “FTI Technology’s experts are experienced in developing effective programs, leveraging the BigID Next platform, to drive outcomes through business transformation and risk mitigation.”

More information about FTI Technology’s Information Governance, Privacy & Security practice is available here.

About FTI Consulting
FTI Consulting, Inc. is a leading global expert firm for organizations facing crisis and transformation, with more than 8,100 employees located in 33 countries and territories as of March 31, 2025. In certain jurisdictions, FTI Consulting’s services are provided through distinct legal entities that are separately capitalized and independently managed. The Company generated $3.70 billion in revenues during fiscal year 2024. More information can be found at www.fticonsulting.com.

FTI Consulting, Inc.
555 12^th Street NW
Washington, DC 20004
+1.202.312.9100

Investor Contact:
Mollie Hawkes
+1.617.747.1791
mollie.hawkes@fticonsulting.com

Media Contact:
Ashley Allman
+1.206.369.5209
ashley.allman@fticonsulting.com

FAQ

What is the purpose of FTI Consulting's partnership with BigID?

The partnership aims to help clients enhance data management, improve compliance, data protection, and risk management processes by combining FTI's expertise with BigID's platform capabilities.

How will FCN stock benefit from the BigID alliance?

The alliance expands FTI Consulting's service capabilities in data management and compliance, potentially strengthening its market position and service offerings to clients.

What services will FTI Consulting and BigID provide together?

They will provide data discovery, management, protection, and value extraction services, along with risk management through a single platform for visibility and control.

Who are the key executives involved in the FCN-BigID partnership?

Scott Margolis, Managing Director within FTI Technology, and Ian Williamson, Senior Vice President of Global Channel & Alliances at BigID, are the key executives mentioned in the partnership.