Business Beyond the Horizon

Flying Phase is a financial services consultancy that leverages cutting edge analytics and technology to help banking leaders solve their most complex credit, risk, and governance challenges.

Business Beyond the Horizon

Flying Phase is a financial services consultancy that leverages cutting edge analytics and technology to help banking leaders solve their most complex credit, risk, and governance challenges.

Clarity and Insight Drive Sound Decision Making

We know the business, the tech, and the regulatory playbook allowing us to pair ingenuity and pragmatism to create bespoke analytical, modeling, and automation solutions. The result: Insights that help banking leaders better understand their customers, reduce risk, and grow their organization.

Clarity and Insight Drive Sound Decision Making

We know the business, the tech, and the regulatory playbook allowing us to pair ingenuity and pragmatism to create bespoke analytical, modeling, and automation solutions. The result: Insights that help banking leaders better understand their customers, reduce risk, and grow their organization.

We’ll Get You There

Our end-to-end solutions are designed with a deep understanding of the financial services industry, your needs, and the obstacles that stand in your way.

Credit Risks
and Insights

Compliance and
Model Risk

Cutting Edge
Approaches for
Business Solutions

Credit Risk:

Robust forecasting and stress testing activities go beyond their regulatory intent, lending advance visibility into your P&L. We leverage our credit expertise and the right technologies to focus your view of the future.

  • CECL Implementation


Portfolio Monitoring and Analytics:

Organizations that translate data into insight rise above the fray. We pair our deep expertise in credit and banking with the most powerful tools and techniques to identify trends and drive sound decision-making.

  • Portfolio Resiliency

  • Real-time Visualization and Reporting

Customer Acquisition:

Customers are at the core of your business. We can identify the highest value opportunities and limit risk to help you grow.


  • Approve/Decline Modeling

  • NPV Modeling

Model Risk:

Accurate, reliable models are critical to managing risk as you grow your organization. We evaluate and enhance model development systems and execution to provide a solid foundation for critical decisions.
  • Model Validation and Audit

  • Model Benchmarking

  • Model Backtesting and Sensitivity Analysis

Regulatory and Compliance:

Governance is the foundation for reliable model insights. From the OCC to the CFPB, CECL to SOX, we build robust, well-managed processes to drive regulator, stakeholder, and shareholder confidence.


  • Reporting Enhancements and Automation

  • Control automation

Audit Readiness:

Internal and external audits are essential, but often labor intensive. We provide top-to-bottom assessments of your critical financial processes to close gaps and keep you audit-ready.
  • Control testing

  • Due diligence

Analytics and Data Science:

Deriving insights from data is a competitive advantage. We provide cutting-edge models and approaches that solve for real world challenges.
  • Explainable Modeling and Forecasting

  • Machine Learning & Insight Generation

Enterprise Data Solutions:

As the tools for analysis evolve, so does the potential of bigger and bigger data. We build streamlined data platforms that enable powerful analysis and decision-making.
  • Big Data processing

  • Cloud Infrastructure and Migration

Extreme Automation:

Your people are most powerful when focused on insights, not on execution. We create end-to-end processes and touch-free processing to optimize performance, reliability, and efficiency in your most critical processes.

  • Open-Source Migration
Robust forecasting and stress testing activities go beyond their regulatory intent, lending advance visibility into your P&L. We leverage our credit expertise and the right technologies to focus your view of the future.

  • CECL Implementation


Organizations that translate data into insight rise above the fray. We pair our deep expertise in credit and banking with the most powerful tools and techniques to identify trends and drive sound decision-making.

  • Portfolio Resiliency

  • Real-time Visualization and Reporting
Customers are at the core of your business. We can identify the highest value opportunities and limit risk to help you grow.
  • Approve/Decline Modeling

  • NPV Modeling

Blog > Extreme Automation

Accurate, reliable models are critical to managing risk as you grow your organization. We evaluate and enhance model development systems and execution to provide a solid foundation for critical decisions.
  • Model Validation and Audit

  • Model Benchmarking

  • Model Backtesting and Sensitivity Analysis

Governance is the foundation for reliable model insights. From the OCC to the CFPB, CECL to SOX, we build robust, well-managed processes to drive regulator, stakeholder, and shareholder confidence.


  • Reporting Enhancements and Automation

  • Control automation
Internal and external audits are essential, but often labor intensive. We provide top-to-bottom assessments of your critical financial processes to close gaps and keep you audit-ready.
  • Control testing

  • Due diligence

Blog > Extreme Automation

Deriving insights from data is a competitive advantage. We provide cutting-edge models and approaches that solve for real world challenges.
  • Explainable Modeling and Forecasting

  • Machine Learning & Insight Generation
As the tools for analysis evolve, so does the potential of bigger and bigger data. We build streamlined data platforms that enable powerful analysis and decision-making.
  • Big Data processing

  • Cloud Infrastructure and Migration

Your people are most powerful when focused on insights, not on execution. We create end-to-end processes and touch-free processing to optimize performance, reliability, and efficiency in your most critical processes.

  • Open-Source Migration

Blog > Extreme Automation

Analytical Solutions That Work for You

The newest tools, techniques, and technologies are changing how leaders make decisions. Have a look below the surface to get a sense for our approach and the solutions we’re crafting for financial services organizations.

Blog > Extreme Automation

The Process Behind Process Automation

From EUCs to structured, automated data, we walk you through the process, best practices and change management to ensure you’re leveraging analysts’ skillsets to the fullest. Since its introduction in September 1987, Excel has been the go-to resource in an analyst’s toolkit due to its versatility and capacity to quickly translate complex formulas into…

Consumer Loan Defaults: Should Banks Continue to Hold Elevated Reserves?

Allowing for loan losses during COVID: Banks prepared for delinquencies during COVID uncertainty, but the expected wave of losses has not come. Will it?

Consumer Loan Defaults: Should Banks Continue to Hold Elevated Reserves?

Allowing for loan losses during COVID: Banks prepared for delinquencies during COVID uncertainty, but the expected wave of losses has not come. Will it?

Allowing for loan losses during COVID: Banks prepared for delinquencies during COVID uncertainty, but the expected wave of losses has not come. Will it? As states locked down, retail businesses were shuttered, and office workers who still had jobs learned to...

Blog > Extreme Automation

The Process Behind Process Automation

From EUCs to structured, automated data, we walk you through the process, best practices and change management to ensure you’re leveraging analysts’ skillsets to the fullest.
Since its introduction in September 1987, Excel has been the go-to resource in an analyst’s toolkit due to its versatility and capacity to quickly translate complex formulas into…

Pairing People and Innovation

Our moniker comes from America’s Cup yacht racing, where innovations in hydrofoil designs have pushed the boundaries of what’s possible to create boats that literally lift themselves out of the water to travel faster than the wind. It’s known as the Flying Phase.

Our credit and analytics experts cut through legacy drag to identify innovative and compliant solutions that reduce risk, increase profit, and deliver superior insights in less time. We go beyond solving for the discrete problem, because it’s our nature. We’re building smart, real-world solutions to accelerate our clients into the future.

Shawn Sweeney

Chief Executive Officer

Brett Ludden

President

Abdul Mallick

VP, Tech Strategy

David Buckler

VP, Product Development

Justin Klevs

VP, Data Science

Sunil Shambulingaiah

VP, Data Analysis

Farther Together

Flying Phase is the sister organization to Spinnaker Consulting Group, a hands-on management consulting firm. Our collective teams bring a full complement of experts from all across financial services – including compliance, operations, capability delivery, and business agility to help clients see where their organization is headed and get there faster.

Farther Together

Flying Phase is the sister organization to Spinnaker Consulting Group, a hands-on management consulting firm. Our collective teams bring a full complement of experts from all across financial services – including compliance, operations, capability delivery, and business agility to help clients see where their organization is headed and get there faster.

Shawn Sweeney — Chief Executive Officer

Shawn is a co-founder and the CEO of Flying Phase. He is also the founder and CEO of Spinnaker Consulting Group, a fast-growing, award-winning management consulting firm. In his dual-CEO role, Shawn is continuingly looking for synergistic opportunities for both teams to provide tangible, lasting results for clients.

Prior to launching Spinnaker in 2012, Shawn spent over 14 years as an executive with a Fortune 200 financial services company, leading a variety of organizations, including Strategy and Analysis, Operations, and IT. He was often called on to spearhead turn-around situations or develop and build new organizations. Today, he leverages these experiences to drive strategy and executional excellence at Flying Phase and Spinnaker. Shawn’s expertise and leadership have been leveraged at several Fortune 100 companies including American Express and Capital One.

Shawn is a graduate of the United States Naval Academy and served our country as a submarine officer before entering the corporate world. He resides in Richmond, Virginia with his wife Lauren, son Stephen and daughter Savannah. When he’s not supporting clients, you can find Shawn and his family sailing on the Chesapeake Bay or traveling to fun destinations.

Brett Ludden — President

During his 21 years in the financial services industry, Brett has worked across the spectrum: leading teams at one of the largest banks in the United States and playing a critical leadership role in a startup organization. In addition to being a co-founder of Flying Phase, Brett is a Principal with Spinnaker Consulting Group. He focuses on helping clients leverage analytics to enable smarter business decisions.

At Capital One, Brett led analytics teams that focused on credit card fraud prevention, mortgage fraud identification and reporting, marketing strategy, credit policy, business development, and credit risk management.

As the first employee of a financial services startup, Brett was a key player in leading marketing strategy, IT, operations, recruiting, sales, processing, underwriting, and the company’s inaugural recycling program.

Brett has an undergraduate degree from the University of Virginia, where he studied mechanical engineering. He lives in Hume, Virginia, with his wife Hayley and their two spoiled dogs. When Brett isn’t busy solving business problems, he and his wife love to travel.

Abdul Mallick — VP, Tech Strategy

Abdul is a technologist with two decades of experience in the financial services industry. Abdul has a penchant for translating organizational needs into practical technology solutions that streamline business processes and enable risk analytics through machine learning.

Prior to co-founding Flying Phase, Abdul led multi-disciplinary Agile innovation teams to implement credit risk models across Consumer Card, Home Loans, and Auto Finance at a Fortune 100 company and has overseen quality assurance of mission critical debt and derivative applications for a GSE. Abdul brings a passion for process efficiency to cloud migration and digital transformation and is known for his deep knowledge of the software and model development lifecycles. Using open source cutting-edge technologies in the cloud, he specializes in robust, sustainable, and compliant technology frameworks for the real world.

Abdul earned his bachelor’s degree in engineering from Osmania University in India and a PhD in engineering from University of Arkansas. He currently resides in Great Falls, Virginia. When not delivering client solutions, Abdul enjoys stock market investing, cooking, and playing with his cat.

David Buckler — VP, Product Development

David has spent more than a decade diving deep into the technology problem space and leveraging analytics to deliver game-changing products at the user and enterprise level. A self-described lean process geek and Agile nerd, David specializes in rapidly developing data products and transforming processes. Seeing interesting problems everywhere, he considers himself lucky to work in a field with so many unique business challenges waiting to be solved.

Prior to co-founding Flying Phase, David led product teams at top-tier financial institutions, government agencies, and Big Four consultancies. As a leader of teams large and small, he blends a passion for technology, Lean process, design thinking, and product management, while also leveraging his extensive background in data platforming and enterprise risk management to deliver outsized and sustainable results. He has a proven track record for accelerating change while embracing operational excellence and effectively managing risk.

Originally from Maryland, David earned his BA in military history from the University of Maryland, and later his MBA, and now lives in Northern Virginia with his wife. When he’s not problem-solving for clients, watching baseball, or hawking latex at Vandelay Industries, he can usually be found building robots or going on adventures with his young son.

Justin Klevs — VP, Data Science

Justin is an experienced problem-solver who has spent his career disrupting financial services through responsible machine learning and emerging technology. He has a passion for analytical problem-solving and combining technical knowledge with deep business expertise, enabling his clients to accelerate innovation while achieving organizational goals. Justin credits his real world business experience with learning how to tailor his approach.

Prior to co-founding Flying Phase, he led teams to develop and implement cutting-edge models across multiple business lines, including Consumer Card, Home Loans, and Auto Finance at Fortune 100 companies, and he has overseen advanced analytics for the United States Department of Justice. He has a proven track record in digital transformation and is known for his deep knowledge of the model development lifecycle, which elevates data science solutions from science fair projects to hardcore systems robust enough to steer a business.

Justin earned his undergraduate degree from Tulane University with a major in quantitative economics and a minor in mathematics. When not lost in a sea of data, he enjoys touring the city he calls home—Arlington, Virginia—playing board games, and catching up on “Hollywoo Stars and Celebrities: What Do They Know? Do They Know Things?? Let’s Find Out!” (And, yes, “Hollywoo” is spelled correctly.)

Sunil Shambulingaiah — VP, Data Analysis

Sunil is a business-minded technologist with over a decade of experience in the financial services industry. He is a process and data whisperer, who knows how to bring automation and insight to uncover the potential in any data-driven process. He is passionate about bringing together technology and deep business knowledge to build platforms and processes that help organizations meet their biggest challenges.

Prior to co-founding Flying Phase, Sunil led business process automation and advanced analytics initiatives across Credit Policy, Modeling, and Loss Forecasting groups at a Fortune 100 company. From reimagining the credit infrastructure to migrating organizations to cloud-based, open-source technologies, he brings advanced approaches to the most critical financial processes to gain efficiency, generate insights, and reduce risk across the enterprise.

Sunil earned his bachelor’s degree in engineering from Visvesvaraya Technological University (VTU) in India and an MBA in Global Strategy from the Thunderbird School of Global Management at Arizona State University. To feed his analytical and technical curiosity he is currently pursuing an MS degree in Data Science through Harvard University. Sunil enjoys playing board games and cooking with his daughters and is an avid follower of Indian Cricket team. Recently he has picked up biking, so you may see him around town in Ashburn, Virginia.