Boutique financial consultancy

Expertise and bespoke solutions in capital markets.

We provide business and technology consulting to financial institutions, helping them address their key business and regulatory challenges.

What we do

Our expertise lies in financial services, with a focus on risk management, technology consulting, and regulatory and compliance. We support clients from impact analysis and strategy definition through to implementation and programme management.

The combination of deep industry knowledge and experienced practitioners lets us carry a transformation programme the whole way rather than handing it over at the design stage.

Where we are usually called in

Front office pricing

Pricing and valuation models, independent price verification and the valuation control framework.

Regulatory and market change

Basel 3.1, FRTB, and the reporting and disclosure build that has to land on a fixed date.

Quantitative risk and reporting

Market, credit and counterparty risk measurement, model validation and the numbers behind the submission.

Technology transformation

Capital markets platforms front to back, migration, maintenance and the data underneath.

Selected work

Delivered by the practitioners who would be named in your statement of work.

Basel 3.1 programme management, market risk

Quantitative specification review, upstream and downstream workflow consolidation, risk engine calculation design and performance monitoring, at a global bank in New York.

XVA framework, concept to production

Lead delivery of an XVA framework end to end at a global bank in London, including improvements for imperfect CSAs and an FVA model at group and entity level.

Model validation under SR 11-7

Front office equity and hybrid books at a global bank in London: stochastic skew, local volatility, variance and correlation swap, delta one, fixed income and hybrid models.

FRTB internal model approach

Methodology enhancement and non-modellable risk factor prototyping at a United Kingdom investment bank, with interest rate volatility surface modelling.

Collectively

Across the practice, our consultants bring:

85+Years of combined capital markets and quantitative risk experience
8Financial centres worked in, across Europe, North America and Africa
15Technical articles and conference papers published, including in Risk Magazine
12Doctoral and master's degrees from grandes écoles and research universities

Our clients

Among our clients are leading financial institutions.

Tell us what you are working on.

The institution, the challenge and the timeline. We will tell you whether we are the right firm, including when we are not.