competence finance corporate brochure
DESCRIPTION
At COMPETENCE FINANCE, weare dedicated to serve our clients with a full range of services frommacro-‐financial analysis to riskadvisory and corporate training.Our core values are excellence andintegrity. We strive every day to meet and exceed our clients expectations, helping them achieve their long term strategic objectives."Alexandre KatebFounder and Managing DirectorTRANSCRIPT
Strategic thinking, tangible results.
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"At COMPETENCE FINANCE, we are dedicated to serve our clients with a full range of services from macro-‐8inancial analysis to risk advisory and corporate training. Our core values are excellence and integrity. We strive every day to meet and exceed our clients expectations, helping them achieve their long term strategic objectives."
Alexandre Kateb Founder and Managing Director
BIOGRAPHY Alexandre Kateb is a recognized expert in economic and financial analysis, strategic consulting and risk advisory for governments, financial institutions and non-‐financial corporations. He published a book in French on the largest emerging economies – the BRICs – titled “Les nouvelles puissances mondiales. Pourquoi les BRIC changent le monde” (Ellipses, 2011). He lectures in international economics and finance at Paris Institute for Political Studies (Sciences Po Paris). Before founding COMPETENCE FINANCE, Alexandre held positions as an economist and strategist at EXANE BNP PARIBAS, and as a banking supervisor at the BANK OF FRANCE. Prior to that he worked as a consultant in corporate strategy for ACCENTURE. Alexandre graduated from ECOLE CENTRALE PARIS with a Master in Financial engineering, and from SCIENCES PO PARIS with a Master in Economics and Political science.
THE BOOK A multidimensional analysis of the challenges and investment opportunities in the world's largest emerging markets : the BRIC countries. "The BRIC countries are an increasing key driver of much of the world economy and its markets. Despite considerable issues facing many of them, and for world governance going forward, Alexandre's book discusses many of the pertinent issues that need to be understood."
Jim O'Neill, Chairman of Goldman Sachs Asset Management
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The nexus between sovereign risk, financial markets and the real economy The economic and financial crisis that burst in 2007-‐2008 has broken the traditional relations that held together financial institutions (banks, insurance companies, pension funds), governments, non-‐financial corporates and households. The Lehman bankruptcy in October 2008 and the failures of other financial Behemoths were followed by a major fall-‐out in real estate prices and financial markets across the major developed economies, and by a full-‐blown global economic recession. As a side effect of the crisis, the policy measures taken by Governments all over the world in 2009 revealed some weak fiscal positions and the hidden sovereign and banking liabilities (sometimes compounded by fraud as in Greece).
The Eurozone debt crisis is the most evident illustration of these complex interactions between “too big to fail” financial institutions, profligate sovereign entities and cash-‐constrained corporates and households that are embarked in a painful deleveraging process. In this context, we help our clients adapt their business models and their strategy to the “New normal” by providing tailored research and analysis:
Macro stress-‐testing and systemic risk evaluation
Monetary policy analysis and impact on financial markets
Monitoring of sovereign, banking and corporate risks
Macro -‐ 8inancial analysis
Financial risk
Monetary policy
Banking risk
Sovereign risk
Fiscal analysis
Debt sustainability
Real economy
Growth outlook
In8lation forecast
« We are very grateful to COMPETENCE FINANCE for helping us to understand the complex interactions between sovereign risk, the real economy and the financial sector in the Eurozone »
Allan Goldstein, Cooper Investors
(Australia, AUM : A$5billion)
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The quest for yield in an uncertain world In times of uncertainty there is a tendency for investors to favor safe-‐haven assets such as gold and well rated government bonds. In this context, capital preservation is indeed preferred to yield generation. However, this rational strategy from an individual investor perspective, may prove to be unsustainable as the glut of risk-‐averse investors drives the prices of these assets to unsustainable levels. Therefore, we believe that portfolio diversification, in terms of asset classes, investment vehicles and geography remains the most efficient way for achieving robust returns while ensuring capital preservation. Through a rigorous analytical research framework, we provide the strategic insights needed to make the most out of the diversification opportunities that exist
around the world. We deliver tailor-‐made research on the following subjects: Assets valuation and correlation
analysis Investment strategy auditing and
benchmarking Research on key emerging markets
(BRICS and beyond) Research on emerging investment
trends
Emerging Markets
Real estate
Oil
FX
Gold
• Equities • Bonds • Commodities • FX
Asset classes
• Conventional • Alternative • Core-‐Satellite
Investment strategy • BRICS
• MENA • ASEAN
Emerging markets
• Carbon 8inance • Islamic 8inance • SRI
Emerging themes
Investment strategy research
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A holistic approach to risk management In the past, risk management has often been perceived by financial institutions as a costly activity primarily driven by regulatory requirements. However, The unfolding of events in the wake of the global financial crisis showcased the huge impact that inadequate risk management procedures and methodologies can have on the solvency and profitability of a business. In contrast, an efficient risk management framework, integrated at the firm level and
built in accordance with regulatory recommendations and industry best practices can be a source of critical competitive advantage. We help our clients achieve this advantage through the following services : Enterprise Risk Management (ERM)
auditing Risk modelling and model auditing
and validation Implementation of risk mitigation
and hedging procedures
Risk modelling
Risk auditing
Risk mitigation
Integrated risk
management
Credit risk
Liquidity risk
Market risk Op. risk
Business risk
« COMPETENCE FINANCE undertook an independent assessment of LCH.Clearnet SA risk management framework (collateral management, cash equities margining) and brought value through relevant and business-‐oriented recommendations.”
Vincent Gros, General Secretary, LCH CLEARNET SA
Risk management advisory
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Capital markets
Risk Management
Accounting & Auditing
Asset Management
Training in banking and 8inance
Our training catalog comprises 30 courses in the above mentioned areas, created by professional trainers with 5+ years of experience in their subject
Entry level
Intermediate
Expert
Basel III EMIR
UCITS V
Sukuk valuation
Dim sum bonds
IFRS 9
Keeping pace with change The global financial industry is undergoing substantial changes due to dramatic increases in regulatory pressure, rapidly changing macro conditions and a new, tougher, competitive environment. More than ever, to keep pace with these transformations, financial institutions need well-‐trained professionals that can handle these evolutions.
To help our clients cope with these new challenges we provide the following services : Classroom training courses based on
our extensive training catalog In-‐house training seminars tailored to
meet the specific needs of our clients Distant-‐learning courses and webinars
on key subjects Self-‐paced learning modules to prepare
for professional exams
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NATIXIS AM
LCH CLEARNET
ING DIRECT ALPSTAR
AMUNDI COUR DES COMPTES
AG2R Coleman Research
Attijari wafa Bank
Cooper investors
ALMA GROUP
ROCKWELL COLLINS
EADS COFACE
ADDED CONSULTING
QNB
Cube Capital
Markus Evans
Some client references
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Contacts
• Adress : 91, rue du Fbg St. Honoré 75008 Paris. France • Phone : +33143280811 • Email : [email protected] • Web : http://www.competence8inance.com • Twitter : @CompetenceF