Built for Financial
Transformation

Founded in 2019 by Big 4 alumni, BUST Advisory was created to bring senior-level advisory expertise to financial institutions navigating complex transformation — without the overhead of a large consultancy.

Our Story

In 2019, four senior consultants who had spent years at EY and Deloitte decided to build something different — a firm that combined deep financial services expertise with genuine delivery capability and the agility to act like a partner, not a vendor.

Today, BUST Advisory is a team of 15+ professionals covering the full transformation landscape: core systems, process engineering, automation, data and program management. We have delivered programs in insurance and banking across 8 countries, and our work has touched some of the most complex operational transformations in Central European financial services.

What hasn't changed: every engagement is led by a senior consultant. Every client gets our best people.

2019
BUST Advisory founded by 4 EY alumni. First clients: Slovak insurance company undergoing Business Transformation evolved from large-scale RPA program.
2020–21
Expanded into core system replacement. Acting as leaders, business architects and leading analysts in the implementation program and its Product, Claims, Policy Administration, Finance and Sales Support streams in Czech and Slovak markets.
2022–23
Running multiple RFP with business cases for core system replacement. Expanding into M&A within insurance industry. Implementation of first AI tools into operations. International growth: Greece to run large-scale business transformation  program.
2024–25
Team reaches 15 professionals. Multiple concurrent core system programs. Growing AI and intelligent automation practice alongside traditional advisory.

Our Values

Execution First

We're not just strategists — we roll up our sleeves and deliver. Every recommendation is built to be implemented.

Senior Accountability

Your project is led by senior people from start to finish. No juniors behind the curtain. We take ownership.

Sector Depth

We focus exclusively on financial services in Europe. No off-the-shelf templates. We speak your language from the first moment.

Measurable Impact

We define success metrics at the start and track them throughout. Advisory that doesn't move the needle isn't advisory.

Transparent Partnership

Clear timelines, open communication, no surprises, and reporting on reality — not dressed-up data.

Precision and Flexibility

We grew up in the Big Four — but without their heaviness or the padding of billable hours.

People Who Deliver

Our team combines Big 4 methodology with hands-on implementation experience. Every consultant is a specialist — not a generalist.

Jakub Rada

Jakub Rada

Founder & Team Lead

15+ years in advisory for financial institutions. Former senior manager at EY and Deloitte. Led large international projects across CEE, Germany, Italy. Degree in Financial and Insurance Mathematics, Charles University Prague.

Pension modelling · SII · CCAR
Mario Bumbera

Mario Bumbera

Co-Founder

10+ years in insurance advisory. Led large-scale core system replacement and transformation programs, built operations strategies, and drove STP, RPA and AI implementations across claims, policy admin and finance in EU.

AI · BPR · Core Replacement
Miroslav Khyr

Miroslav Khyr

Co-Founder

Led finance, commissions and reporting streams in core replacement programs. Expert in insurance product portfolio simplification, commission scheme design, and process automation.

Finance · Commissions · Products
Martin Szabo

Martin Szabo

Business Consultant & Analyst

19+ years in financial services, including 10+ in CEE consulting. Pega and IBM BPM implementations, ICT outsourcing, mobile dealing apps, and end-to-end digital transformation programs.

BPM · Pega · Transformation
Petr Bartunek

Petr Bartunek

IT Architect / IT Analyst

8+ years in insurance. RPA & automation lead, CRM transformation to Salesforce, AI-driven document handling, and IT analysis for core system replacement programs. TOGAF and Lean Six Sigma certified.

RPA · CRM · Core Systems
Filip Stasek

Filip Stasek

Business & IT Analyst

9+ years in IT and business advisory for financial institutions across CZ, SK, AT and the wider CEE region. IFRS 9 implementation, data migration, and core banking analysis.

IFRS9 · Data Migration · IT
Filip Hromadka

Filip Hromadka

Business & IT Analyst

3+ years as business and IT analyst in the insurance sector, plus 7+ years in IT development and testing in financial services. Former RPA developer and project leader at IBM Bratislava.

Insurance · BA · RPA
Katerina Gracova

Katerina Gracova

Business & IT Analyst

8+ years in insurance, including 3 at Big 4. Led financial transactions analysis for core replacement programs, RFP documentation across accounting and controlling, and IFRS reporting design.

Finance · Accounting · IFRS
Irina Pak

Irina Pak

Business Analyst

7+ years in advisory. Former Senior Consultant in Financial Accounting Advisory Services at Big 4. Specialises in BPR for finance and L&H claims, IFRS 9 and IFRS 17, and internal controls design.

IFRS17 · BPR · SOX
Anastasiia Shestopalova

Anastasiia Shestopalova

Business Analyst, RPA Developer

4+ years in business analysis and digital transformation initiatives in the insurance industry. Experienced in test management, customer communication process redesign, business process optimization, RPA, and AI initiatives.

RPA · Process Mining · Test Management
Karina Pavurova

Karin Pavurova

IT & Business Analyst

5+ years in IT and business analysis for multinational insurance corporations, with focus on integration requirements. Life and non-life web application development across FE and BE. PRINCE2 certified.

IT Analysis · Integrations · BA
Petr Dedinsky

Petr Dedinsky

IT & Data Analyst

9 years in data stewardship, master data analysis, and IT data analysis at multinational financial corporations, with focus on reinsurance and asset management. Python automation and SQL expert.

Data · Master Data · Asset Mgmt

Work With a Team That
Delivers Results

Whether you're planning a core system replacement or navigating a complex transformation — we'd love to talk.