Services

Services

Acknowledging that a one-size-fits-all approach is not suitable for all organizations, we strive to offer customized services to our clients.

Enterprise Risk Management

BenchMatrix develops ERM frameworks that enhance the capability and coordination of various risk functions within an organization to provide a unified picture of risks for stakeholders. The process involves identifying particular risks and circumstances relevant to the organization’s goals and processes, assessing their impact and frequency, determining a response strategy, and consistently monitoring their progress. BenchMatrix's ERM framework supports Credit, Market, Strategy, Reputation and Operational risks. The framework sets up communication and reporting channels for efficient utilization of resources. We have designed tools to simplify the overall risk management process and reduce cost to a minimum in order to create maximum value for business.

Operational Risk Management

BenchMatrix's Operational Risk Management team develops forward thinking frameworks that allow customers to meet both current regulatory requirements and future needs of the industry. Our team has expert knowledge in Operational Risk Management with over 18 years of banking experience across the Middle East. The framework includes establishing policies & procedures, defining roles and responsibilities, developing strategy, and implementing the system. BenchMatrix makes day to day management of operational risk easier through its RiskNucleus ORM product suite. RiskNucleus ensures a simplified and cost effective implementation in addition to being fully compatible with the existing hardware and software infrastructure in use with the financial and nonfinancial industry. RiskNucleus offers all three modules suggested by BASEL II accord, these include Loss Data, KRI and RCSA.

Disaster Recovery and Business Contingency Planning

BenchMatrix develops comprehensive Business Continuity and Disaster Recovery Plans to identify key weaknesses and implement disaster prevention programs to prevent those weaknesses from causing irreparable losses. For natural disasters or otherwise, BenchMatrix has innovative technology that ensures secure retrieval of critical data and information that businesses rely on.

BASEL

BenchMatrix's Basel II framework aims to provide organizations with prudent capital regulation, supervision, and market discipline in order to have financial stability and minimize risks. Basel II is not about implementing a regulatory framework but it is actually a framework of best practices in order to drive efficiencies in work processes. The implementation of Basel II lays the ground work for an organization to mitigate and manage both internal and external risks. Our team has full cycle Basel II implementation experience in various organizations.

Budgeting, Forecasting and Control

BenchMatrix takes a modern and creative approach in strategy alignment. Our approach hinges on creating and managing short & long term operational plans, developing financial plans & controls, budget assessment and individual and organizational performance measures and controls. BenchMatrix excels at providing these services with an experienced team that thrives on going beyond customer expectations.

Business Strategy and Plans

BenchMatrix identifies an organization's Raison d'être and clarifies goals in its light. Clarity, coordination and experience help us in directing businesses to focus on their core competencies and deliver exceptional value to their customers.

Business Process Re-engineering

Change is hard but at times recognition of the need for change is even harder. BenchMatrix takes as an objective observer takes a fresh look at your operational and back-office business processes to identify non-value adding processes. Our team will then align your organizational processes to an ideal workflow which will add maximum value at minimum cost to create efficiencies in the system. Throughout the process goals and risks are identified with assessment of strengths to design an ideal organization framework including structure, policies and data flows.

Transaction Advisory

BenchMatrix provides services such as financial and operational due diligence. We will tell you the source for the best equity provider, how to raise funds on the most suitable terms and how to develop the optimum level of debt finance to support acquisitions, investment opportunities and fund-raising across countries.

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