vc risk services brochure
DESCRIPTION
Risk is part of the landscape when investing in start-up firms, and venture capitalists need to approach this peril across a range of dimensions, including geography, industry and the timing of investments in the product development cycle. In today’s turbulent markets, venture capitalists and private equity firms must possess an integrated plan for managing funds, improving portfolio company performance, and maximizing value through effective deal execution. Consequently in order to provide a single point of access for leveraging our professional service to the benefit of your funds and portfolio company, we’re pleased to launch our Venture Capital & P/E Risk Advisory services in addition to our existing bouquet of Risk advisory, Consulting, Training & Human Capital Services.TRANSCRIPT
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Risk Management Advisory Services
Investment Banking / PE/ VC Companies
Riskpro India
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Who is Riskpro… Why us?
ABOUT US
Riskpro is an organisation of member firms around India devoted to client service excellence. Member firms offer wide range of services in the field of risk management.
Currently it has offices in three major cities Mumbai, Delhi and Bangalore and alliances in other cities.
Managed by experienced professionals with experiences spanning various industries.
MISSION
Provide integrated risk management
consulting services to mid-large sized corporate /financial institutions in India
Be the preferred service provider for complete Governance, Risk and Compliance (GRC) solutions.
VALUE PROPOSITION
You get quality advisory, normally delivered by large consulting firms, at fee levels charged by independent & small firms
High quality deliverables
Multi-skilled & multi-disciplined organisation.
Timely completion of any task
Affordable alternative to large firms
DIFFERENTIATORS
Risk Management is our main focus
Over 200 years of cumulative experience
Hybrid Delivery model
Ability to take on large and complex projects due to delivery capabilities
We Hold hands, not shake hands.
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RiskPro Highlights
Large talent pool of risk experts, consultants and
associate partners in India with deep domain skills for
domestic and global clients
11 service locations across Indian region with key
offices in New Delhi, Mumbai and Bangalore
Deep expertise in consulting with over 200 years
of cumulative consulting experience
Operating Groups: Risk-Advisory, Consulting,
Training & HCMS
Service Lines : Credit, Operational, Fraud Risks,
ERM, Regulatory Compliance, Outsourcing
Management, Corporate governance
We are fastest growing risk consulting company
and have realistic plans to capture coming
opportunities while competing with Big - 4’s for
superior, unmatched, low cost services to our
clients
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Our Network Presence
New Delhi
Mumbai
Bangalore
Ahmedabad
Pune
Agra
Salem
Kolkata
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Risk Management Advisory Services
Training Recruitment
Basel II/III Advisory Market Risk
Credit Risk
Operational Risk
ICAAP
Corporate Risks Enterprise Risk Assessment
Fraud Risk
Risk based Internal Audit
Operations Risk
Forensic services
IT Risk Advisory IS Audit
IT Security
IT Assurance
IT Governance
Operational Risk Process reviews
Policy/ Process Review
Process Improvement
Compliance Risk
Insurance Risk
Governance Corporate Governance
Business Strategic risk
Fraud Risk
Forensic Accounting
Other Risks Business/Strategic Risk
Reputation Risk
Outsourcing Risk
Contractual Risk
Banking – E Learning
Corporate Training
Regular Risk Management Training
Online Training material
Workshops / Events
AML / KYC, ISO standards- 31000
Independent Directors- SME’s
Full Time Risk Professionals
Part time Risk Professionals
Virtual Risk Managers
S E
R V
I C
E S
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Venture Capital/Private Equity- Perspective
Venture Capital is a form of “risk capital” that is invested in a business
where there is a substantial element of risk relating to the future
creation of profits and cash flows. Risk capital is invested as shares
(equity) rather than as a loan and the investor requires a higher "rate of
return" to compensate him for his risk.
Private Equity refers to equity or quasi-equity investments in high-
growth companies and includes buyouts, mezzanine financing,
privatization and public/ deals. The private equity asset class includes
venture capital, buyouts, and mezzanine investment activity.
Venture capitalists focuses on investing in
private, young, fast growing companies,
more specifically as “entrepreneurial
businesses” with high growth prospects,
which are managed by experienced and
ambitious teams who are capable of
turning their business plan into reality
Private equity players largely provide
mezzanine or bridge funding
Business Focus Areas
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We Understand Venture Capital Investment Process
Receipt of the proposals for investment either directly or through financial intermediaries by VC fund
Upon prospective deal evinces interest of VC funds, the Management Team is requested to present the Business model, unique aspects , future prospects & investment proposal of the company
VC fund assesses the quality & competence of Management team with a view to get perspective on overall business prospects of investment proposal
Detailed due diligence of project is carried out to examine Business, financial and legal aspects of proposed investment. During the process of due diligence, Assessment of requirement of funds, stages & quantum of investment and related milestones for investment
VC funds take up the venture for detailed due-diligence after getting final concurrence of Entrepreneurs on terms of proposed investment negotiated with them. The detailed due diligence of project is carried out by VC funds themselves or assigned to independent Advisors
Once VC investor finds the deal as investible proposition, a document containing terms of proposed investment known as term sheet, is devised and negotiated with promoters for their concurrence
Completion of due diligence, internal approvals for investment, VC funds may modify or stipulate such other conditions as are considered appropriate by them for investment in the company and accordingly negotiate changes/ modifications in the term sheet with the Entrepreneurs (also called Promoters)
VC funds issue Letter of Intent for investment and require investee companies to complete formalities for availing investment. which includes execution of legal agreements by Promoters/ Investee companies, passing of requisite Board/ Company's resolution, obtaining approval of Govt. & other statutory approvals for facilitating investment
On request by companies for release the investment, VC funds, subject to compliance of pre-disbursement conditions and achievement of milestones stipulated for same, undertake investment in the company
VC funds regularly monitor functioning of Investee companies, give inputs on strategic plans and guide companies for optimizing their performance. VC funds also pursue the Investee companies to orient their business plans & achieve performance targets to qualify for bringing out Initial Public offers (IPOs) and get listed on stock exchanges for providing exit from investment to VC funds
Start
End
RISK CRITICAL PHASES
- Preliminary discussions with promoters
- Submission of business plan by promoters
- Due-diligence/ Investment appraisal
- Investment decision/ Further direction
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Our Risk Management Services
Risk Management Framework
Investment Risk Fraud Risk Operational
Risk
Capital Adequacy
review
Enterprise Performance
Due Diligence Risk reviews
Regulatory compliances
Documentation fulfillment
Prudent appraisal process
Investee background
checks & monitoring
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Helping you to protect your investments
Do you know the investee company well enough?
In addition to your due diligence, we will provide a pre-investment review of the company internal
processing framework, internal control status, accounting infrastructure, risk management tools,
how company identifies and mitigates business risks.
Has the transaction closed smoothly and is company ready to execute
business strategies effectively with new funding?
Ensuring that investment transaction is free from material risks
Is the company protected from risks after the investment?
Regular comprehensive review to provide comfort that the investee company recognizes all
risks, takes cognizance and takes necessary action
Implement important risk management frameworks, policies to help companies manage existing
and emerging business and other risks
Summary reporting of the finding to PE / VC company
Who pays for these risk reviews?
PE/VC company pays for these reviews. This is a value add expenditure that ensures smooth
running of investee company and helps to protect the value of investment
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Risk review of Existing and Potential Investment Companies
Risk review before investment
Risk Management services at deal close and soon after
Value addition after investment by periodic
reviews
Evaluate and conclude on
Business Risk, Project Risk
Review of existing controls
and policy framework to
mitigate risks.
Governance, Management
Philosophy review
Business and Accounting
due diligence to ensure
proper accounting
Proper accounting and
disclosure of transaction by
investee company
Establishing a framework for
Risk management at
investee company
Document key risk policy
Implement a simple MIS
and Risk Analytics
framework
Quarterly visit to investee
company to review
operations, identify key risks
and any risk management
issues
Help enhance internal
controls, risk management
initiatives to ensure sound
business execution
Provide quarterly reporting
of findings to PE/VC firm
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Our model supplements your efforts
PE/VC firms have their own due diligence process, checklists and
requirements from investee company in terms of documents, regular
reporting etc.
Our reviews and services do not duplicate these. Instead, we undertake reviews of areas
specifically focused on risk and areas not covered by your processes.
As we interact with a number of investee companies and PE/VC companies, the review
checklists, methodologies and processes will mature and incorporate key review steps. You will
benefit from these refinements and targeted reviews in terms of providing early warning signals
and time saving.
How do we structure the team?
OPTION 1: Our team member joins your team to jointly perform initial and periodic reviews for a
comprehensive assessment.
OPTION 2 : We undertake the periodic reviews on our own and provide you with findings/
recommendations
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Governance, Risk and Compliance Offering
Company level
Governance • Align Corporate Governance to
global practices
• Board Committee reviews
• Review and enhance Risk
Governance
• Policy and Process Framework
• IT Governance
• Whistle Blowing Framework
Risk management • Risk assessment
• Process and Control Review
• Insurance & Loss Alignment
• Incident Reporting Process &
Tool
• Implementation of 20-30 top
Key Risk Indicators (KRI)
• Fraud Risk Management
Services
Compliance • Compliance Risk Policy &
Framework
• Regulatory reviews and audits
• Global regulation compliance
• Compliance Reporting
• Contractual Risk
• 3rd party audits of units
• Internal Control testing Tools
Support Processes
• GRC Technology Implementation – Provide recommendations and select vendor for GRC Tool
•HR Policies and Processes to minimize people risk, frauds and strengthen succession planning
•Training and Awareness build up – Targeted and Ongoing training in areas of concern.
•E Learning Courses in Risk Management, Fraud Risk Management, Governance etc
•Define Risk Appetite
•Risk Scorecard
•Risk Heap maps
• Reputation Risk Scorecards
• IT Governance
• New Product Approval Policy
• Scan of Emerging Risks
Our GRC Approach
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Fraud Detection
Anti-Fraud Measures
Monitoring Compliance and Authorization
Workplace Practice
Background check for employees
Fraud Risk reviews
Based on our understanding of your requirements, we have customized a package of our solution offerings to meet your needs, which is detailed in the ensuing slides.
To detect and prevent fraud and evaluate Code Of Conduct Compliance on following parameters :-
Analyze
Investigate
Resolve
Understanding Your Supply
Chain
To Monitor Your Process
Evaluating your need
Source Root cause of Problem
Obtaining And securing Evidence
Confidential Interviews
with vendors
Prioritize solutions and
remedial measures
Quantify Loss and Suggest
possible Actions
Solve Compliances
Issues
Benefits To You
Protects you from any Monterey or Reputational damage
Code Of compliance establishment
Enables you to identify risks / control gaps
Helps you identify any undisclosed production
Risk Mitigation
Our Solution For you
Forensic and Investigation services How we Do
Based on our understanding of your requirements, we have customized a package of our solution offerings to meet your needs, which is detailed in the ensuing slides.
Our Solution for you Our Solution ForO you
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Risk Based Internal Audit How we Do
Transaction
Audit
Control
Reviews
Process
Reviews
Risk
Assessment
Fraud
Mitigation
Enterprise Risk
Assessment
Increasing Enterprise Risk Focus
Need
of
Org
an
izati
on
s
Internal Auditing helps an organization
accomplish its objectives by bringing a
systematic, disciplined approach to evaluate
and improve the effectiveness of risk
management, control and governance
processes. Source: The Institute of Internal Auditors 1999 (IIA)
Benefits of Risk based Audit
• Traditional audit view value added
techniques
•Risk profile of Businesses
•Internal Controls & Ops Risk reviews
•Cost reductions recommendations
•Review of Fraud Risk Controls
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Value Proposition
Enabling robust corporate/risk governance structure through out deal
process, and the leveraging of the collective experience of a disciplined
management team, to minimize risk at its very source.
Specialised venture capital knowledge, expertise and excellence through
VC database plus our exclusive alliances with internationally-renowned
venture capital and private equity firms.
A rich deal flow, professional advice, and active management support
from our team of experts, supported by the industry know-how and
experience of a network of strategic partners and technical associates.
Excellent understanding and technical awareness of venture capital
activities, and who guide your organization in a strict but pragmatic
manner to ensure full compliance with the rules and principles.
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Riskpro Clients
Our Clients
*Any trademarks or logos used throughout this presentation are the property of their respective owners
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Team Experiences Our Experiences
Our team members have worked at world class Companies
*Any trademarks or logos used throughout this presentation are the property of their respective owners
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RESUMES – Our team
Co-Founder - Riskpro
CA, CPA, MBA-Finance (USA), FRM (GARP)
Over 10 years international experience – 6 years in Bahrain and 4 years USA
15 years exp in risk management consulting and internal audits, Specialization in Operational Risk, Basel II, Sox and Control design
Worked for Ernst & Young (Bahrain), Arab Investment Company (Bahrain), Navigant Consulting(USA), Kotak Mahindra Bank (India) and Credit Suisse(India)
Sox Compliance project for Fannie Mae, USA ( $900+ Billion Mortgage Company)
Ma
no
j Ja
in
Co- Founder - Riskpro
CA (India), MBA (Netherlands), CIA (USA)
Over 15 years of extensive internal and external audit experience in India and abroad.
Worked with KPMG United Arab Emirates, PKF South Africa, Ernst and Young Kuwait, Deloitte Netherlands and KPMG India.
Worked with clients in a wide variety of industries and countries including trading, retail and consumer goods, NGO, manufacturing and banking and finance. Major clients include banks, investment companies, manufacturing organizations, aviation etc.
Ra
hu
l B
ha
n
Credentials
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RESUMES - Our team
Co-Founder - Riskpro
PGD (Electrical & Electronics & Computer Programming)
30 years of experience in Information & Communications Technology (ICT) Solutions for Retail, Garments, Manufacturing, Services Industries.
Has created Companies, Divisions, Products, Brands, Teams & Markets.
Consulting in Business, Technology, Marketing & Sales & Strategic Planning.
Advisory, Training, Workshops & Implementation in Systems Thinking, Systems Modeling & Balanced Scorecard
Worked with TIFR, Mahindra, Ambience, Communico-Graphique & Ionidea Inc, USA,
Ca
sp
er A
bra
ha
m
Credentials
Sr Vice President – Risk Management
MBA, PDFM,NSE-NCFM, PMP, CSSGB,ISO 9001:2000 I.A,GARP-FBR, ITILV3,CPP-BPM
Professional with 17 years of rich experience into diverse Consumer finance/ Lending operations ,Risk Management,BPMS, Consumer Banking, NBFC, Management Consulting & Housing finance in BFSI industry having successfully led key business strategic engagements across multi-product environment in APAC, Australia and US regions.
Worked with GE, ABN AMRO Bank, Citigroup, Accenture, Deutsche Postbank
Highly skilled and expert Trainer in Risk areas across Credit, Fraud, Operational, Corporate Risk management.
Specializes in Fraud Control, AML/KYC Compliance ,QA ,ERM and Regulatory governance.
He
ma
nt S
eig
ell
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RESUMES - Our team
Head - Insurance Risk Advisory services
B.sc, Associate of Indian Institute of Insurance
Licensed Category A Insurance surveyor
26 years of experience in Insurance advisory services, Loss adjusting for large corporates,Claims management.
Has assessed more than 4500 high value insurance claims across various industry sectors.
Risk management inspection
Valuations of fixed assets for insurance purpose.
R. G
up
ta
Credentials
Head - Human Capital Management
Chartered Accountant, Lead Assessor ISO 9000, Six Sigma Trained, Trained on Situational
Leadership, Trained on interviewing skills and Whole Message Model.
Over two decades of international, multi-cultural experience in finance and human resources viz. internal audit, accounting operations, accounting process review & re-designing, risk management, business solutioning, six sigma projects, talent acquisition, talent retention, organization design/redesigning, compensation and appraisal processing, employee and customer satisfaction surveys, knowledge management and finance services.
Worked with Citicorp/MGF, India Glycol, Delphi, American Express India, American Express USA, Fidelity International and Macquarie Global Finance Services India.
Nile
sh
Bh
atia
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RESUMES - Our team
Co-founder- Riskpro
B.Com, FCA
Senior Partner with 48 year old Delhi based Chartered Accountant firm, Mehrotra and Mehrotra
Over 19 years of experience in the field of Audit, Taxation, Company law matters.
Major clients served are NTPC, BHEL, Bank of India, PNB, Airport Authority of India etc.
Ra
jesh
Jh
ala
ni
Credentials
Specialist Risk Consultant – ERP & IT Compliance
SAP Certified, MBA (Finance), SAP Security trained (from SAP India), SAP GRC Access Controls trained (from SAP India)
Over 7 years of experience working in the area of ERP/IT Risk advisory, primarily focusing on SAP, for ‘Fortune 500’ clients in around 8 countries including US, UK, UAE, Hong Kong, etc
Specializes in SAP Risk & Controls Advisory, SAP Business Process Controls Audit, SAP Security & Segregation of Duties Control Audit, ERP Trainings,
Strong Industry experiences ranging from Beverages, Insurance, Energy, FMCG, Pharmaceutical, Retail, Telecommunication to IT Services
Worked for risk advisory teams of reputed organizations like Ernst & Young, EXL Services
Go
ura
v L
ad
ha
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RESUMES - PARTNERSHIPS
Consultant – Information Security & IT Governance
LLB, CA, CISA, CWA, CS, CFE and others
Over 15 years of experience in the field of Audit, Taxation, Investigations.
Specializing in the field of Systems Audit, Cybrex Audit, Computer Crime Investigations, IS Forensics
International Committee Member of Governmental and Regulatory Agencies Board and Academic Relations Committee of ISACA, USA
An
jay A
ga
rwa
l
Consultant – Quality Management
Founder of PMG, a TQM Consulting Co in Delhi
Mechanical Engineer
20+years experience in TQM concepts.
Strong skill set in various productivity & quality improvement projects including Six Sigma offerings
Past experiences include reputed organizations like Andersen Consulting, Eicher Consulting & Nathan & Nathan consultants
Piy
ush
Ku
ma
r Credentials
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Specialist Risk Consultant – Business Continuity
Founder and 15-year Chairman of Survive, the first international user group for Business Continuity professionals
Founding director and first Fellow of the Business Continuity Institute
Over 25 years international consulting expertise in Risk, Crisis, Emergency, Incident, and Business Continuity and ICT Disaster Recovery Management
Multi-sector experience including Banking, Insurance, Finance, Oil, Gas, Energy, Manufacturing, Retail, Hi-Tech & Telecom
Western Press Award for services to business, 1994; BCI/CIR nomination for lifetime achievement in BC, 1999, London; inducted into BC Hall of Fame by CPM magazine, 2004, Washington DC.
Andre
w H
iles
RESUMES - PARTNERSHIPS
Specialist Risk Consultant – Enterprise Risk Management
Highly skilled risk and insurance professional with 25 years of experience designing, developing and implementing large, global corporate risk management programs for Fortune 500 firms.
Principal Consultant and Founder - Excellence in Risk Management, LLC. (Texas, USA) Co-founder and EVP, Professional Services, rPM3 Solutions, LLC (Maryland, USA).
Past experiences include Head of Global Risk Management for USAA, PepsiCo/ Tricon Global and American National Red Cross
Additional risk and insurance experience at Verizon Corp,. Marsh USA and Liberty Mutual Insurance Co.
2004 Risk Manager of the Year – 2007 recipient of the Alexander Hamilton Award for “Excellence in ERM” (at USAA) – former President, Risk and Insurance Management Society, Inc.
Chris E
. M
andel
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Key Contacts
Corporate Mumbai Delhi Bangalore
Riskpro India
Ventures (P) Limited
www.riskpro.in
C 561, Defence colony
New Delhi 110024
Manoj Jain Director
M- 98337 67114
Sivaramakrishnan President – Banking & FS
M- 98690 19311
Rahul Bhan Director
M- 99680 05042
Hemant Seigell SVP – Risk Management
M- 99536 97905
Casper Abraham Director
M- 98450 61870
Vijayan Govindarajan EVP – Risk Management
M- 99166 63652 [email protected]
Ahmedabad Pune Kolkata Gurgaon
Maulik Manakiwala Associate Firm
M – 98256 40046
Gourav Ladha Sap Risk Advisory
M- 97129 52955
M.L. Jain Principal – Strategy Risk
M- 98220 11987
Kashi Banerjee EVP – Risk Management
M- 98304 75375
Nilesh Bhatia Head – Human Capital Mgt.
M- 98182 93434
Salem Ghaziabad Agra
Chandrasekeran Recruitment franchisee
M – 94435 99132
R Gupta Head – Insurance Risk
M- 98101 07387
Alok Kumar Agarwal Associate Firm
M- 99971 65253
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