Nexx -Intro Presentation_2015
-
Upload
sohail-farooq -
Category
Documents
-
view
132 -
download
4
Transcript of Nexx -Intro Presentation_2015
Copyr
ight
© 2
015 N
EX
X F
inancia
l C
onsultants
WLL
Disclaimer
Nexx Financial Consultants WLL is authorized as a financial consultant by the Central Bank of Bahrain, and is incorporated under the Commercial Companies Laws No.
21/2001 of the Kingdom of Bahrain.
The information, data and approaches provided herein are an outcome of our research and content expertise. Although we referred to third party materials and analyzed
their impact, however the content is the outcome of NEXX's proprietary knowledge and is rightfully owned by us. This work is copyright protected and legally privileged.
Please do not distribute this presentation without the prior written consent of NEXX Financial Consultants WLL or its authorized affiliates.
NEXX has made best efforts to ensure that this material is complete in its entirety. However, we do not warrant its completeness or accuracy nor do we warrant that the
results obtained will be useful or will satisfy the all requirements.
Copyright © 2015 NEXX Financial Consultants WLL
Nexx Financial Consultants: An introductory presentation
Copyr
ight
© 2
015 N
EX
X F
inancia
l C
onsultants
WLL
Contents
Introduction
Our team
1
3
Why us2
2
Copyr
ight
© 2
015 N
EX
X F
inancia
l C
onsultants
WLL
Contents
Introduction
Our team
1
3
Why us2
3
Copyr
ight
© 2
015 N
EX
X F
inancia
l C
onsultants
WLL
Nexx is organized in three practice areasEach practice is supported by domain experts
4
Domain ExpertisePractices
Systemic stability
Regulation & Supervision
Governance & Financial
Conduct
Financial Markets
Infrastructure
Corporate Strategy
Organization & Governance,
Compliance & Policy
Finance & Risk
Systems, Applications, Data
& Information Technology
• Supranational institutions
o Financial sector assessment
program
• Central banks
o Financial stability
o Financial Markets Infrastructure
• Regulators
o Banking and Insurance
o Capital markets
Retail Business
Banking
• Retail markets and channels
• Small and Medium Enterprise banking
• Mid-market banking
• Wealth management
Corporate
Investment
Banking
• Originate-to-hold banks
• Originate-to-distribute banks
• Private Equity
• Brokerages & Securities firms
• Asset managers
Regulators &
Infrastructure
Copyr
ight
© 2
015 N
EX
X F
inancia
l C
onsultants
WLL
Prudential expertise coverage
Regulators
and Central
Banks
Systemic stability
Regulation & Supervision
Governance & Financial Conduct
Financial Markets Infrastructure
5
Copyr
ight
© 2
015 N
EX
X F
inancia
l C
onsultants
WLL
FS expertise coverage
6
CEO &
Board
PMO
CRO & CCO
CFO & Treasury
CIO
Practice
leads
Knowledge
transfer SME
Finance
Domain
SME
Tech
SME
Risk &
Compliance
SME
• Subject-matter expertise
• Access project manager, consulting team or execution capabilities
• Access project content
• Capital budgeting process
• Balance sheet management
• Loan loss measurement
• Prop. Investment management
• Risk diagnostic, development of tolerance framework,
measurement and analytics
• Value analytics: Risk-return framework, Capital and its
management
• Compliance and governance framework design
• Crisis and event response, fire drills
• Business and IT alignment
• Operating model review, re-design and build-out
• Data warehousing and analytics
• RBB: Retail markets and channels, Small and Medium
Enterprise banking, Wealth management
• CIB: Originate-to-hold banks, Originate-to-distribute banks,
Private Equity, Brokerages & Securities firms, Asset managers
Copyr
ight
© 2
015 N
EX
X F
inancia
l C
onsultants
WLL
7
Nexx also offers training courses that help clients accelerate revenue growth or improve functionality standards
Corporate
Investment
Bankers
Central
bankers and
regulators
Retail
business
bankers
Training and knowledge transfer
Copyr
ight
© 2
015 N
EX
X F
inancia
l C
onsultants
WLL
The following training topics are offered by our practicesCustomised content and courses can also be organized
8
• Regulators and Infrastructure
I. Regulation of banks and risk management in a post-crisis world
II. Banking supervision and capacity building
III. Regulator-mandated stress testing
• Retail business banking
I. Service excellence: Improving productivity at retail branches
II. Small Medium Enterprise: Strategies and channel development
III. Private banking and wealth management: Challenges, opportunities and strategies
IV. Financial Instruments: Practical valuation approaches
V. Developing and parameterizing Retail and SME credit scoring models
• Corporate Investment banking
I. Building a successful sales pipeline: A training for commercial and corporate
bankers
II. Corporate credit origination and structuring
III. Project financing: A best practice approach
IV. Debt capital markets: Warehousing and securitization of loans
V. Equity capital markets: Private Equity valuation and investment
VI. Hedge Funds 360: From theory to practice
VII. Managing the Private Equity risk
VIII. Financial Instruments: Practical valuation
Copyr
ight
© 2
015 N
EX
X F
inancia
l C
onsultants
WLL
Contents
Introduction
Our team
1
3
Why us2
9
Copyr
ight
© 2
015 N
EX
X F
inancia
l C
onsultants
WLL
Why us?
• The re-shaped consulting landscape features ‘unbundling’ and ‘de-commoditization’ of expertise - giving clients a direct
access to a menu of choices. Nexx’s relationship interface is designed to accommodate this change. We distinguish
ourselves from our peers by offering independent advice and finding a perfect fit between the clients’ needs and our
expertise
• Without an imputed overhead cost of supporting a huge consulting pyramid, the nimbleness of our approach is reflected
in our fee, as our consultants charge weekly, daily or even hourly rates. This benefits our clients as they end up paying
for expert advice only, and not for any other add-ons
• We have organized our service offering in two broad streams:
I. Non-tendered projects stream
a. Access our subject-matter experts: Choose to access deep practitioner’s knowledge of Nexx’s Subject
Matter Eeperts, Partners or Affiliates, who would work seamlessly with your teams
b. Access our project manager, consulting team or execution capabilities: Nexx offers unparalleled project
execution capabilities. Our consultants immediately integrate with Internal Projects teams, remove project
roadblocks and bring control back in the hands of project sponsors
c. Access our project content: Jointly with our affiliates, we have developed project toolkits for over 50 key
projects. These toolkits are organized in three broad themes: regulation self-assessment, best practice
benchmarking and strategic knowledge transfer and can be made available to you remotely
II. Tendered projects stream
a. Access our project pyramid: You want to out-source an entire project by contracting an outside vendor
10
Copyr
ight
© 2
015 N
EX
X F
inancia
l C
onsultants
WLL
Our research - illustrative
Regulation Self Assessment
Best Practice Benchmarking
Self-assessment: Review of Pillar 3
disclosure requirements, issued by
BCBS June 2014
Self assessment: Principles of
effective data aggregation, issued
by BCBS June 2013
Self assessment:
• Basel II Annex 4 – Treatment of
counterparty credit risk and
cross-product netting
• Capital requirements for bank
exposures to central
counterparties
Self assessment: Principles for
an effective Risk-Appetite
framework, issued by FSB May
2014
Self assessment: Risk
Governance and organizational
design
Self assessment: Operational
risk benchmarking – a survey of
major insurance companies
Self assessment: Risk
capabilities and benchmarking
Self assessment: Best practices
in retail risk management
11
Copyr
ight
© 2
015 N
EX
X F
inancia
l C
onsultants
WLL
Prudential projects – a snapshot
Project title Client Description
Financial sector strategy
Phase 1
Minister of Finance,
Gulf government
Established high-level vision for financial services sector
development
Financial sector strategy
Phase 2
Minister of Finance,
Gulf government
Detail specific sector opportunities; develop strategy to establish
‘national champions’ that can flourish in competition with
international players
Integration of regulatory
regimes
Minister of Finance,
Gulf government
Integrated multiple sector-specific bodies to create single
financial services regulator; planned transition to international
standard regulatory regime
Streamlining of regulatory
process
FS regulator, Gulf
government
Advised on streamlining regulatory processes and risk-based
deployment of regulatory resources
Basel II implementation
plan
FS regulator, Gulf
government
Developed approach to Basel II implementation, customised to
local market conditions, addressing both Pillar 1 and 2
Implementation of deposit
insurance system
Asian central bank Design key structural features of deposit insurance, including size
of fund, approach to pricing, asset maintenance, initiation /
transitioning
Financial Sector
Assessment Program
Sub-contracted for FS
regulator
Advised on streamlining regulatory processes and risk-based
deployment of regulatory resources
Regulatory stress testing Central bank, Gulf
government
Developed a top-down, off-site stress testing and provisioning
framework and integrated with Early Warning dashboard of the
key decision-makers
Copyr
ight
© 2
015 N
EX
X F
inancia
l C
onsultants
WLL
FS projects examples
Project title Client Description
Optimization of Risk Weighted
Assets
CRO, A Middle
Eastern bank
Main areas of support and development were: built RWA projection
model to highlight severity of constraints, assessed levers to manage
credit RWAs, developed reporting templates, analyzed relative
profitability (return on credit RWAs), and identification of differences
from existing pricing capabilities. Integrated with reverse stress testing
framework
Capital management: Forecasting
loan losses using stress modelling
Chair of the Board,
Gulf bank
The Bank’s management used the insights gleaned from Expected Loss
modelling as the basis to develop a better understanding of the riskiness
of borrow cohorts, credit adjudication, pricing and capital management.
Over the course of a period, this approach allowed the bank to improve
overall credit discipline, improve collections and recoveries.
Strategic IT: Developing Risk Data
Mart
CRO, Gulf bank Framework for the automation of reporting packs, developed process for
data aggregation using metadata framework; developed risk data
governance framework
Strategic IT: Roll-out of rating tools
and development of risk data store
Board, Gulf bank Implementation of a internally developed rating models in a web-enabled
IT platform. Developed modelling data store to capture relevant
customer and facility information, which would allow refinement and
validation of rating tools in the future. Guidance on how to develop
interface of data store with the risk data.
Validation & Refinement of
Corporate Rating Tools and
Implementation in web-enabled
application
CRO, Gulf bank Re-development of new corporate scorecards and implementation into
the CRM system
Copyr
ight
© 2
015 N
EX
X F
inancia
l C
onsultants
WLL
Contents
Introduction
Our team
1
3
Why us2
14
Copyr
ight
© 2
015 N
EX
X F
inancia
l C
onsultants
WLL
Advisory board
15
Matthew Lord
MD/Founder, Tellthemarket
London, UK
• Oliver Wyman,
• PwC
• Cable & Wireless
• Masters, Organizational
Psychology, University of New
South Wales
David Gibson-Moore
Sr. Advisor, LGT Group Dubai, UAE
• Chief Representative, LGT Bank
• CEO, Robeco Group, ME
• Bachelors and Masters, Natural
Science, Oxford University
• M.Sc. (cum laude), Financial
Economics and Diploma in
Econometrics, University of London
• Chartered Accountant, PwC
Fetooh A. Al Zayani
Sr. Advisor, Board Member
Kingdom of Bahrain
• Regulations
• Business development
• Underwriting
• Insurance/re-insurance
• Chartered Insurance Institute
• Graduate degree, UK
• Organizational design
• Human resources
• Human capital management
• Arab Insurance Group
• Dubai International Financial Centre
Authority
• Qatar Financial Centre Authority
• Corporate Finance
• Investment banking
• Asset management
• Business development
Copyr
ight
© 2
015 N
EX
X F
inancia
l C
onsultants
WLL
Practice leaders
16
Sohail Farooq
Practice Leader, CIB
Acting Practice Leader, R&I
• Capital Calibration Partners
• Moody’s Corporation
• Oliver Wyman
• Ernst & Young
• Product structuring, origination and
securitization
• Functional and capabilities expert
• Regulatory compliance
• Systemic risk
• M.Sc. Quantitative Finance, Frankfurt
School of Finance and Management,
Germany,
• MBA, Finance, Rowe School of
Business, Dalhousie University,
Halifax, Canada
Gerry Purcell
Practice Leader, RBB
• Internal Consulting Group
• Boston Consulting Group
• A. T. Kearney
• Retail markets and channels
• Business strategy aimed at
revenue growth, risk and cost
controls
• Implementation of sustainable
business improvements
• B.Comm, University of Toronto,
Canada
Copyr
ight
© 2
015 N
EX
X F
inancia
l C
onsultants
WLL
Disclaimer
Nexx Financial Consultants WLL is authorized as a financial consultant by the Central Bank of Bahrain, and is incorporated under the Commercial Companies Laws No.
21/2001 of the Kingdom of Bahrain.
The information, data and approaches provided herein are an outcome of our research and content expertise. Although we referred to third party materials and analyzed
their impact, however the content is the outcome of NEXX's proprietary knowledge and is rightfully owned by us. This work is copyright protected and legally privileged.
Please do not distribute this presentation without the prior written consent of NEXX Financial Consultants WLL or its authorized affiliates.
NEXX has made best efforts to ensure that this material is complete in its entirety. However, we do not warrant its completeness or accuracy nor do we warrant that the
results obtained will be useful or will satisfy the all requirements.
Copyright © 2015 NEXX Financial Consultants WLL
Thank You