Our approach to each project and the specific services we offer follow a logical methodology
routed in a deep knowledge of the regulation and our client.
These services are conventionally packaged as follows:
INTERPRETATION AND PLANNING PHASE
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Deconstruction (unpacking) of new reg
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Design of target operating model
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Impact assessment – quantitative and in terms of existing process
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End-to-end project plan design
IMPLEMENTATION
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Project plan management
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Resource identification
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Business requirements and functional requirement specifications
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Gap analysis – data, model, systems, process
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Design and socialisation of reporting and MI Specification and design of control frameworks
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Regulatory interaction (liaison between client and SARB)
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SME Guidance
POST IMPLEMENTATION
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Business process re-engineering
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Business process and calculation optimisation
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Automation of processes and reporting
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BCBS 239 compliance
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Fundamental Review of the Trading Book
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Interest Rate Risk in the Banking Book
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Statutory Reporting
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Revision of the Standardised and Advanced IRB Approaches ( i.e Basel 4 )
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Standardized Approach to Counterparty Credit Risk
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Pillar III Reporting Requirements
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Updates to Recovery and Resolution Planning (i.e. The Living Will)
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General Enterprize Risk Management
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IFRS 9 Accounting for Impairments
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Updates to ICAAP (International Capital Adequacy and Assessment Process)
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Conduct risk
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Financial market Infrastructure
WHAT WE DO
Our service offering revolves around the understanding and implementation of regulation facing South African banks and
financial institutions. Our core focus is credit risk but with experience in market risk, liquidity risk, operational risk and
general banking operations across retail and wholesale banking (include markets / derivatives and investment banking).
We offer services which cover (but are not limited to) the following regulations:
Vertus
consulting
Expert Risk Advisory
Vertus Consulting partners
with financial institutions
to maximise their return
on implementing new
regulations; turning this
into a competitive advantage
in their every day business.
OUR VISION
Vertus Consulting views the implementation of regulatory requirements not just as a means
of maintaining compliance, but an opportunity to create competitive advantage. Across the
globe, financial institutions, and in particular banks, face an ever increasing volume of new regulation aimed at reducing volatility in financial markets and ultimately preventing another
global financial crisis.
In such environment, a lack of understanding and inability to innovate within the bounds of regulation, may have a significant negative effect on profitability. Vertus seeks to use these
complex and often onerous regulations to create a transparency of risk. This transparency
should be evident not only to the regulator, but to the business whose task it is to maximise
return on this risk.
Too often regulations are not implemented optimally without consideration for the commercial impact. Vertus Consulting brings together the commercial understanding of the business of a
bank, with a technical understanding of regulation. Combined with IT experience and
quantitative ability, our service offering is an end-to-end solution to not just overcoming
regulation but benefitting from it.
Vertus Consulting is an expert risk consultancy based in Johannesburg, South Africa. We are always on
the lookout for new talent to join our rapidly growing team. If you have experience in the financial services
industry and would like to consider a career in consulting, please email us your CV and contact details
BRUCE DIXON
Director
CHRIS-JAN VENTER
Director
Prior to joining Vertus, Bruce was responsible for a team of quantitative credit analysts at Barclays Africa - one of the largest investment banks within Africa. His experience covers the full ambit of credit risk – from regulatory compliance and reporting to internal risk measures such as economic capital and potential future exposure.
His experience covers investment banking and corporate-style product offerings, as well as the derivatives / markets business. Prior to joining Barclays, Bruce was a senior principal consultant on a number of international projects in Singapore, Iceland, London, Luxembourg and within South Africa covering multiple risk types (credit, market, operational and ALM).
Chris-Jan jointly started Vertus consulting in 2016 after more than 10 years in the financial services industry. Chris-Jan started his career as
a quantitative analyst at Goldman Sachs in London. Through his consulting career at Deloitte, he successfully delivered multiple risk based projects such as Basel and IFRS implementations.
His experience working within various Banks across the world as a senior consulting partner, puts him in the perfect position to grow the offerings of Vertus as well as understand our clients and the challenges they might face.
Chris-Jan has serviced all of the Tier 1 banks within the South African market as well as major banks within the rest of Africa and Europe.
Our leadership
CONTACT
Vertus
Consulting
For any general enquiries, please fill in the following contact form:
