Risk management is a topic that has taken on greater importance in light of the increased complexity surrounding financial markets and the banking sector. As a result, establishing appropriate risk-management processes to identify, understand and manage risk are a priority for financial institutions.
Genesis offers highly experienced risk-management professionals, who have decades of experience of working in and consulting to the financial sector. We offer our risk-management advisory services to financial institutions, including commercial banks, central banks, development finance institutions, stock exchanges and non-bank financial institutions, covering an array of risk categories.
Validation of the assessment of SAFCOM
The Financial Services Board (FSB) appointed Genesis Analytics, working in conjunction with Bourse Consult, to validate its assessment of the Safex Clearing Company (Pty) Ltd (SAFCOM, now JSE Clear). This was conducted in terms of the CPSS-IOSCO Principles for Financial Markets Infrastructures (PFMIs).
GIPS assessment and implementation plan for private clients
Genesis was commissioned by a large African bank to perform a Global Investment Portfolio Standards (GIPS) assessment and implementation for the bank’s private clients. Phase 1 focused on providing guidance on GIPS requirements and performing a gap analysis. Phase 2 focused on the Implementation of solutions to become GIPS compliant.