company profile and presence in the egyptian market · prometeia is a leading provider of software...

Company profile and presence

in the Egyptian market

Enterprise Risk Management Division

International Business Practice, Cairo Office

Prometeia is a leading provider of software solutions and consulting

services in the Risk, Wealth and Asset Management space. Established in

1974, the company serves more than 20 countries through a consolidated

network of branches and international subsidiaries

We create value by integrating analytical models, customer data, market

feeds and economic scenarios, to support decision-making processes and

regulatory compliance.

Our combination of FinTech proposition, quantitative advisory, data

science and research makes our business model unparalleled in today's market

Our expertise is proved by our award-winning solutions, our double-digit growth

in turnover and staff, more than 200 references in over 20 countries












Prometeia Group

Prometeia Company Profile | 4

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Our 40 years of history

1974

mid

80

earl

y 9

0

late

90

2005

2015

2010

2019

2000

Prometeia is

established by a

group of young

university

professors

opens a large

consulting division

for banks and FS

institutions

starts the

development

of proprietary

SW solutions

receives its first

international award

in Risk and Wealth

Management tech

market leader

in over 20

countries

across EMEA

becomes a leading

“think tank”

of Economic and

Financial Research

becomes a market

leader in Italy in

Risk Management

products & services

becomes a leading

supplier of FinTech

solutions in

Southern Europe

becomes

a primary

challenger in

emerging markets


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Prometeia Group today

100+ Risk & Compliance projects successfully

delivered in the last 3 years across EMEA

200+ clients, including Tier 1 banking groups, central

banks and multilateral development institutions in 20

different countries

900+ experienced consultants, analysts, economists,

engineers and SW developers

120+ million USD of turnover in 2018 generated by Risk

Management, Wealth and Asset Management business

40+ years of experience in economic research,

quantitative analysis and models development


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Prometeia business space

Wealth & Asset

Management

Enterprise Risk

Management

Financial

Advisory

Economic

Research

Data Science

Business

Information

Prometeia’ s approach to Risk, Wealth and

Asset Management starts from the development

of quantitative models and analysis

methodologies

Our deep understanding of international

markets, derived from proprietary economic

research, adds a unique element to Prometeia’s

business model and value proposition

The production of highly specialized software

solutions leverages leading technologies, the

knowledge of our subject matter experts and our

ability to successfully respond to the growing

demands of regulation


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Prometeia key numbers

Revenue growth in the last 12

months by Risk & Regulatory

Compliance business

Revenue growth in the last 12

months from international

clients

Revenues generated in 2018

by Risk & Regulatory

Compliance business

Total Company revenues in

2018

Total companyrevenues USD

Total ERMrevenues USD

120

60

2018

+20%

+40%

$60~

Million

$120+

Million


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Prometeia offer for Risk Management & Regulatory Compliance

Asset & Liability

Management

Funding & Liquidity

Risk Management

Traded and Non-

Traded Market Risk

Integrated Balance

Sheet Management

Amortized Cost

Impairment and Loss

Provisioning

Fair Value Accounting

Hedge Accounting

Fund Transfer Pricing

Margin Attribution

Credit Origination

Credit Pricing

Credit Strategy

Rating Calculation &

Attribution

Limits & EWSs

NPL Management

Support to ICAAP and

Economic Capital

Support to RAF

Recovery &

Resolution Planning

Reverse Stress

Testing

Model Inventory

Model Validation

Model Workflow

Model Repository

Model Dashboard

Model Advisory

Risk DataMart

Risk Data Quality and

Integrity

Risk Data Modelling

Risk Data Cleansing and

Reconciliation

Fraud Risk Modelling

Operational Risk

Anti Money Laundering

Behavioral Modelling for

financial risk

Behavioral Modelling for

credit risk

Active Balance

Sheet Management

Performance

Management

Credit Decision

ManagementRisk & Finance

Integration

Model Risk

Management

AI for Risk

Management

Risk Data

ManagementRisk & Regulatory

Reporting

Common Reporting

Financial Reporting

Management Reporting


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Market positioning and recent international awards

2018

2015

20182019

2016

2016

Recent international awards

CREDIT STRESS-TESTING ENTERPRISE-WIDE STRESS-TESTING

Capital Optimization Liquidity risk management

Liquidity Risk & ALM Customer Satisfaction

2017 2018

2016

2018

Data Integrity ad Control Systems

Credit Risk Solution for Credit Risk

Category Leader IFRS 9 Solutions

Positioning in global market quadrants

Customer Base

2019 Wealth Management Solutions

2016 Technology


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Market leadership in the Balance Sheet Management quadrant

This quadrant includes a wide range of processes,

including Asset Liability Management, Liquidity Risk

Management, Fund Transfer Pricing, Balance Sheet

Simulation and related fields

In the last three years, Prometeia has been constantly

placed at the top of the ranking list in terms of

functional completeness, with the maximum scores in

terms of:

functionality: depth of functionality, innovative functionality,

practical relevance of features, flexibility, and user-

friendliness

core technology: ability of risk management systems,

computational power of the core system, quality and flexibility

of reporting tools

innovation: new product development, new ideas,

functionalities, and technologies to improve risk management

for target customers


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Our global customer base

We serve the Risk,

Finance, Treasury,

Credit, Compliance

departments of small

banks as well as of

major international

banking groups,

central banks and

regulators


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Development of the Group Credit

Risk, Capital Adequacy & COREP

reporting process for a leading

banking player in Holland and CEEDevelopment of the ALM,

Liquidity and EBA Stress Testing

framework for the largest banking

group of Luxembourg

Development of the Group FTP and P&L allocation

framework for the largest banking group of Greece

Development of the whole IRB, IFRS9 & Credit

Stress Testing framework for the largest foreign

subsidiary of Credit Agricole Group

Development of the Group Balance Sheet Risk

Management framework and the CEE Credit Origination

Workflow for the largest baking group in Italy

Development of the Group ERM

framework for the third largest

banking group of Italy, including

IRB & Stress Test models

Development of the Group

Treasury Risk framework for

the largest bank of Bavaria

Examples of customer references in Europe

Development of the whole ALM & Liquidity Risk framework for

a major international subsidiary of Santander Group

Development of the Group IRB framework, with

focus on LGD and PD for Corporate segments

Development of the Group IFSR9 methodological

framework, with focus on Credit Risk Parameters

IRB pre-validation corporate and retail ,

IRB application package support, LGD

development for the largest private

bank of Russia

IRB model validation for the

second largest bank in Russia


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Development of the whole ERM framework,

ALM & Market Risk solution, Credit

Origination platform and managerial and

regulatory reporting process

Examples of customer references in Middle East

Development of the Group Credit

Risk, Capital Adequacy & COREP

reporting process for the second

largest public bank in Turkey

Development of the Group Balance Sheet

Risk Management framework, the Treasury

Risk infrastructure and support to IRB

program for the third largest bank of Turkey

Development of the IFRS9

Hedge Accounting framework

for the largest bank of Turkey

Development of the IRB

framework for BCBS and

local regulatory compliance

Development of the Group FTP and P&L allocation

framework for the largest banking group of Lebanon

Development of the Group IFSR9

methodological and technological framework

for the third largest bank of Jordan

Development of the Group ICAAP

framework in compliance with the

local regulatory guidance

Development of the Group

Market Risk and IFRS9

framework for the largest

investment bank of Turkey

Development of the Group Credit Risk infrastructure

for a leading group in Jordan and Iraq

Validation of the Group ICAAP methodology

for the second largest baking group of KuwaitDevelopment of the whole IFRS9

framework for the largest foreign

subsidiary of Commercial Bank of Qatar

Development of the Group ALM &

Treasury Risk framework for the

Islamic multilateral development bank


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Examples of customer references North and West Africa


ALM & Market Risk solution, Credit

Origination platform and managerial and


Development of pricing methodologies and

training modules for the Deposits Insurance

units of the Central Bank of Nigeria


ALM, Credit Origination platform and full


Rating model validation for Corporate

and Project Financing segments

Development of the full set of Rating

Models for Basel 2 regulatory compliance

Development of the ALM &

Market Risk framework for

the largest foreign subsidiary

Development of the Liquidity &

Treasury Risk framework for the

largest subsidiary of Ecobank Group

Development of Rating

Models and implementation of

the Risk Appetite Framework

Development of the ALM &

Market Risk framework for the

largest banking group of Tunisia

Gap Analysis and Roadmap for development

of an integrated Risk Management platform












Presence in the Egyptian market


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Prometeia presence in Egypt

Prometeia is present in Egypt since 2011 with a team of

international consultants

Multiple projects continuously delivered in the last 8

years, in the various Risk Management fields:

Credit Risk frameworks

Credit processes and decision management

ALM, FTP & Treasury Risk

IFRS9 Compliance

COREP and BCBS Compliance

Local branch established in 2018:

3 European expats

3 local resources (Arab speaking)

7 international consultants temporarily allocated to

Egypt

Partnership with MGM Group for business development

delivery


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Experience on-the-field in the Egyptian Market

First

development

of a Rating

benchmark

model for

Small / Mid-

size Corporate

First implementation of Corporate and SME rating system

First implementation of Individual and SME rating system

First implementation of a Credit Risk Data environment for Portfolio Monitoring

First development of

Microfinance

sector application

model

First development of

Credit Origination

platform for

Corporate / SME

Lending, including

rating attribution

Credit process

reengineering

for Retail

Credit Risk

reporting for

Group Parent

company and

local supervisor

Update of

rating models

Full integrated

platform for Credit

Origination, Rating

Attribution and Credit

Risk Assessment,

including NPL

Implementation of a

full integrated data

environment for

Credit Risk analysis

First

development

of a ALM

model and

reporting

solution

First development

of a Liquidity Risk

governance in line

with new Basel 3

principles (LCR,

NSFR)

Implementation of a Performance Management system to support MIS and Profitability Analysis in the CFO department

Implementation of NII analysis for budgeting and Stress Testing

Development of a Fund Transfer Pricing architecture, fully integrated with the ALM and Liquidity Risk infrastructure

Credit Risk

and Credit

Portfolio

Management

2010-11 2012-13 2014-15 2017-192015-16

Market &

Liquidity

Risk and

Financial

Management


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Team of Prometeia Egypt

Davide Gallia,

Manager.

Client Manager,

Bologna and

Cairo Office

Massimo Pedroni,

Senior Partner,

Branch Manager,

London and Cairo

Office

Vitantonio

Telesca,

Senior Manager,

Team Manager,

Bologna and

Cairo Office

Simone Iachelli,

Senior Consultant,

Bologna and Cairo

Office

Michele Zanardo,

Senior Consultant,

Cairo Office

Andrea

Petrignani,

Consultant,

Cairo Office

Rana Weheba,

Consultant,

Cairo Office

Ahmed Fathy,

IT Consultant,

Cairo Office

Islam Mekdad,

Consultant,

Cairo Office

Sleiman Abdo,

Consultant,

Cairo Office

Sara

Mohamed,

Assistant,

MGM,

Cairo Office

Yousra

Gamea,

Sales Manager,

MGM,

Cairo Office

Gamal

Moharam,

Senior Advisor

to the Board,

MGM,

Cairo Office


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Main Contacts

Bologna

Piazza Trento e Trieste, 3

Italy

+39 051 6480911

[email protected]

Milan

Via Brera, 18

Italy

+39 02 80505845

[email protected]

Cairo

Concordia Building, B211, KM28

Smart Village, 6 of October City

Giza, Egypt

[email protected]

Istanbul

River Plaza, Kat 19

Büyükdere Caddesi Bahar Sokak

Levent, Istanbul, Turkey

+ 90 212 709 02 80 – 81 – 82

[email protected]

London

Dashwood House

69 Old Broad Street

EC2M 1QS, UK

+44 (0) 207 786 3525

[email protected]

Moscow

Ul. Ilyinka, 4

Capital Business Center Office 308

Russian Federation

+7 (916) 215 0692

[email protected]

Rome

Viale Regina Margherita, 279

Italy

[email protected]

Prometeiagroup

Prometeia

@PrometeiaGroup

Prometeia

www.prometeia.com

company profile and presence in the egyptian market · prometeia is a leading provider of software...

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