4. 4
• BenchMatrix is your partner in creating value for your firm. We do not recreate the wheel but customize
solutions that are practical to implement and manage in accordance with your business model and
environment
• We are a Management Consultancy specializing in Enterprise Risk Services, Equity and Economic
Research, Business Strategy Development and Process Improvement. We offer customized
solutions that are practical to implement and manage in accordance with your business model and
environment. We are committed to deliver leading edge risk management solutions on the newest
available technology to our clients in order to reduce complexity and streamline their business processes.
• Our team has several full cycle ERM implementation experiences and is subject matter experts on
Operational Risk Management. Our industry experience allows us to be on your side of the fence, talking
same language and putting theory into practice.
Company Profile
2
7. 5
Equity
Research
Timely and
accurate market
knowledge
through analysis
of diverse and
extensive
database
E
n
t
e
r
p
r
i
s
e
v
a
l
u
e
a
d
d
i
t
i
o
n
Effectively and
efficiently harness
strengths and
capture
opportunities
Strategy
Technology
Combine competent
resources and
effective process
with right technology
to gain successful
business model
Establish a
system to
effectively
manage risks in
accordance with
Basel
requirements
Risk
Management
Capture complete
financial events
and produce
information for
management for
timely decisions
Accounting
and Finance
Improve capacity
and efficiency of
human resource
for value creation
People
Management
Each service independently or in combination with other provide critical input to a
business aspect in realization of any organization’s aspiration
9. BenchMatrix Products
Following are the two main products of Benchmatrix Pvt Ltd.
» RiskNucleus A complete Operational Risk Management Solution for a financial institution.
» RevYew An online training system to meet all the training needs of an organization.
Following sections provide a brief overview of each of the listed products.
7
11. RiskNucleus
» RiskNucleus is a web-based, fully configurable and integrated application for collecting, managing, tracking, mitigating
and reporting operational risks within his/her organization.
» With reliable and easy to integrate technology, a user-friendly interface, and comprehensive functionalities,
RiskNucleus is geared to assist user in meeting his/her functional and regulatory requirements.
» RiskNucleus sets up clear lines of communication and well defined roles and responsibilities, to ensure that the business
objectives are achieved timely and effectively. A single banking-wide solution will also promote ownership and ultimately
provide consistent and thoughtful management information to assist in pro-active decision making, in an environment
where reputation and quality are paramount.
» RiskNucleus helps the organization to ensure that all risks are identified, measured, reported and mitigated through a
timely action plan. With RiskNucleus it is easy to identify, report and analyze key Indicators within the given time constrains
and put controls in place to prevent future losses or to keep risks within the control limits.
» RiskNucleus is designed to capture any number losses in an organization and analyze large as well as small size data. It
will also help an organization to remain on the right track as far as compliance and regulations are concerned. It is a fully
transparent system that enhances organization operational risk management capabilities. Any authorized user can analyze,
monitor, and report any of these factors, individually or in context of their associated relationships. RiskNucleus has built in
three modules named as Loss Data Module, Key Risk Indicators and Risk and Control Self Assessment.
» The software combines proven methodologies with standards through extremely flexible and user-friendly interface.
RiskNucleus stores all losses in a centralized database so that anyone from the risk and other authorized departments has
the capability to review the information. It helps in improving the efficiency of gathering, analyzing, monitoring, reporting
and tracking the huge amounts of data required by risk management regulators.
9
12. Formalization of Risk Management
» BenchMatrix is committed to deliver leading edge operational risk management solutions with State of the Art technology
to your organization. RiskNucleus is a comprehensive ORM solution developed by BenchMatrix, to assist any organisation
in meeting its functional requirements.
» Through RiskNucleus we set up clear lines of communication and well defined roles and responsibilities, to ensure that
the business objectives are achieved efficiently and effectively. A single company-wide IT solution will also promote
ownership and ultimately provide consistent and thoughtful management information to assist in pro-active decision
making, in an environment where reputation and quality are paramount.
Functionalities of RiskNucleus
» Comprehensive Solution which covers all the main
components of ORM, including Loss Data, Key Risk Indicators
and Risk and Control Self-Assessment
» Reduces complexity and promotes standardization.
Streamlines the operational risk management process
» It is designed to meet local and international regulatory
requirements.
» Functionalities that allow for easy Integration and
Transferability
» Manage a loss database and manage action plans within the
system.
10
13. Key Advantages of RiskNucleus
» Comprehensive Operational Risk Solution
− BenchMatrix’s RiskNucleus is the most comprehensive application that enables an organization to capture, record and
take adequate action steps to mitigate further risks in most effective and integrated manner. RiskNucleus directs action
plans to relevant employees with important information to avoid further incidents resulting in losses.
» Designed to Implement Best Risk Management Practices
− Our design allows organisations to configure the application based on international and local regulatory requirements
as well as best practices of a industry and follows proven methodologies used in leading organisation worldwide.
» Practical and Effective Use
− It has a practical use for every organization and effectively reduces and helps to avoid losses. System is used by all
employees of organisation based on different user profiles and roles.
11
14. Key Advantages of RiskNucleus
» Low Implementation Costs
− Implementation phase of the software will be fully supported by the team of BenchMatrix and it will be provided when
needed and within the possible budget constraints. Our highly trained consulting and support team is always available to
provide training, customize your implementation, and offer advanced risk management consulting with the prime focus
on the diverse needs for your different branches. We strive to exceed expectations and will be providing with you the
cutting edge technological innovations in the software as well.
» Integration and Transferability
− RiskNucleus Loss Data Module has up-load and download functionalities allowing easy acceptance of loss data from
other systems and vice versa. Beside Loss data module of RiskNucleus, we have the capability of providing other
solutions for your organisation operational risk management solutions such as Risk and Control Self Assessment, Key
risk indicators that makes it one solution for your Operational Risk Management Division.
» Implementation
− RiskNucleus Loss Data Module is a simple application but its true value is built upon complex set of rules, classification
and overall business focused approach to manage losses at different stages. The application is stand alone and does not
need to speak to other systems. However, data capture is usually through organizations intranet whereby employees
can report incidents for appropriate action by risk management department.
12
15. Key Modules of RiskNucleus
» Loss Data Management
− Loss data management is not only capturing losses when they are booked in GL but it starts from the point an incident
is reported. The entire life cycle of the loss is monitored by relevant departments to ensure reduction of loss and
avoidance of future incidents. Loss Identification is done through Checklist and Web Capture and advanced Loss
Analytics is used for Assessment purposes
» Risk & Control Self Assessment
− Through our RCSA Module your will be able to identify key risks and controls within your business, evaluate the risk
exposure, test and score the design and performance of your controls, link your risks to your corporate goals and entity
processes and finally make decisions and assign action plans in order to mitigate unwanted risks
» Key Risk Indicators
− Risk Nucleus’s KI module is a complete business intelligence model that can generate key indicators according to the
business requirements. The identification of key indicators and associated thresholds can help organizations assess
trends and fluctuations and consequently shoot down unwanted risks
13
17. RevYew
» Ongoing learning and development is essential for the health and sustainability of any
organization. At BecnhMatrix, we are committed to provide new and unique ways of learning and
development for employees in order to build on existing technical, management and leadership
skills for further growth. BenchMatrix’s RevYew is the most comprehensive application that
enables an organization to provide continuous learning to their employees. Get the feedback and
take adequate action steps to communicate learning process in most effective and integrated
manner.
» A single company-wide learning solution will also promote ownership and ultimately provide
consistent and thoughtful management information to assist in pro-active decision making, in an
environment where learning and quality are paramount.
18
18. Key Advantages of RevYew
» Virtual Solution To Learning
− RevYew learning software is the most effective way to train and educate your employees. This software allows
companies to train employees via a web-based application. This means that your employees do not have to be in the
same location to receive the latest training and education that you want them to get.
» Practical and Effective Use
− RevYew software is a great alternative to the old fashioned methods of training and educating your employees. In
the past training employees required maintaining a large training staff, or paying big money to outsource the
training. Having a large training staff means that a company would have excess full time employees that did not
directly generate revenues for that company.
» Low Implementation Costs
− Implementation phase of the software will be fully supported by the team of BenchMatrix and it will be provided
when needed and within the possible budget constraints. Our highly trained consulting and support team is always
available to provide training and customize your implementation. We strive to exceed expectations and will be
providing you with the cutting edge technological innovations in the future as well.
» Simple to Learn
− RevYew is a simple application. The application is stand alone and does not need to speak to other systems. RevYew
learning software is very flexible and can be adjusted for the size of the company using RevYew. Whether you have
a work force of fifty or five thousand, RevYew is the solution that you are looking for.
19
19. Key Advantages of RevYew
» Scheduling Training Sessions
− Another great benefit of utilizing RevYew learning software is that you can control the scheduling of the
training sessions much easier. Instead of taking many employees away from work at one time to do
training in a classroom setting, you can utilize the Internet or Intranet and allow each individual employee
to use the RevYew learning software at the best available time possible.
» Stay Ahead with Continuous Learning and Training
− RevYew gives you and your business the ability to stay ahead of your competitors and to develop your
employees. A quality vendor, like BenchMatrix is able to meet the needs of their customers in a way never
before imagined.
20
20. Functionalities of RevYew
RevYew provides a comprehensive solution designed to fully meet each of an organisation’s key learning requirements.
A) Hierarchy
Hierarchies in an organization can easily be managed and define in this software as it allows you to make as many
hierarchical levels as required. If you are running any parallel business then this software also allows you to make a
hierarchy for that entity as well.
B) Employees Management
Manage as many of employees as you desire with this software. You can add up to unlimited level of employees and
create as many departments or divisions as needed.
C) Reports
In order to keep track of all the processes, reports can be generated with the help of this software. It allows highly
customizable reports according to your needs and requirements.
D) System Security Features
RevYew is highly secure and cannot be accessed by anyone inside or outside an Organization unless he is authorized to do
so. These highly secure features of this software make sure that valuable data cannot go into the wrong hands.
E) Automatic Grading
Results can be automatically graded and scored by the system. Test takers can see their scores immediately after taking
the test, which can also be reported later by the trainer. Different results can be displayed for different departments and
the results can be displayed according to the tests as well.
F) Multiple Tests
Multiple tests can be created using this application. If one test is not intended for use now then it can be used later.
Different tests created in the software can be reviewed and checked for further amendments if required. After creation of
multiple tests administrator can review them and approve the tests if necessary or otherwise reject them.
21
22. Benchmatrix has a combination of youth and experience organized to create
maximum value with minimum effort
Team Structure
Chief Executive Officer MR. IRFAN FAZLI
The staff are further supported by qualified staff from diverse
background
23
Support Staff MR. WAQAS ZAFARMR. NOMAN ZAHID
MR. TAIMUR KALEEMMR. WAQAS QAZI MR. MUHAMMAD AQIB
23. Core Team Profile
Mr. Irfan Fazli
Chief Executive
Officer
» Over 17 years experience in risk management function, investment banking, global securities operations
and investment risk /audit function.
» Operational Risk Management expert and had lead 2 full cycle implementations. He has in-depth
knowledge of the ORM framework, tools, techniques and top three ORM applications in the world.
» Conducted over 60 RCSA workshops, trained over 300 employees internally and externally, attended
several local and regional forums as speaker on operational risk management and led three full ORM
implementation on different platforms/software
» Well versed with COSO and COBIT framework, SOX planning and Testing and support for Basel Risk
Identification specifically related to investment operational risk.
» Experience in Basel II regulatory compliance, ICCAP Coordination and Reporting and regulatory capital
calculations
» Experience of audit and risk management assignments in Singapore, Australia, London, Channel Islands,
US, Canada, Saudi Arabia, Algeria, Egypt, Jordon, Tunisia, Brazil, Bahrain and Pakistan
» Working experience with known financial institutions
Royal Bank of Canada
ABN AMRO Equities
Standard Chartered Bank
Arab Banking Corporation
Citibank
Deloitte and Touche
» Certified Internal Auditor (CIA) Feb 2003
» Candidate for CFA Level III June 2010
» Master of Business Administration (MBA- Finance) Institute of Business Administration, University of
Karachi (Established by Wharton School of Finance and Commerce, University of Pennsylvania) June 1997
24
24. Core Team Profile – ORM Consultancy
Mr. Waqas Zafar
Risk Advisory
Manager
» Waqas Zafar is an ACCA member and Bachelors Applied Accounting from Oxford University. He has been
involved with Specialist Advisory Services in Grant Thornton Pakistan since 2007. During the time has been
involved in Strategy and Business Plans, Due Diligence Studies, Product Plans, Procedure Manuals and
Valuations for major financial and non financial Institutions of Pakistan and Middle East.
» His main area of expertise include devising Strategy and Business Plans, Risk Assessment and designing of
process and procedures for financial institutions and corporate entities.
» He has been part of the following prominent experiences:
Due Diligence of Pakistan operations of Royal Bank of Scotland (RBS) for EFG Hermes as buy side advisor
Five Year Strategy and Business Plan of National Bank of Pakistan (NBP) for 2010-14
Business Process Reengineering of House Building Finance Corporation (HBFC)
Business Strategy of Islamic Banking Division of National Bank of Pakistan (NBP)
Merger of Al Zamin Modaraba and Al Zamin Leasing Corporation with Invest Capital Investment Bank
» Taimur Kaleem is a Bachelors from Lahore University of Management Sciences (LUMS). Extensively involved with
loss data development module since early march and will be assisting team lead on this project.
» Assisting Project Lead in a Loss Data Framework Implementation at Meezan Bank Limited.
» Conducted 3 Workshops for training of Meezan Bank’s employees on the subject of Loss Data. Trained 30
Branches of the same Bank through Online Webinars
» Muhammad Aqib is an MBA from Institute of Business Administration (IBA). Extensively involved with loss data
development module since early march and will be assisting team lead on this project.
» Involved in the complete training program at Meezan Bank Limited. Has trained almost 40 branches of the Bank
on the subject of Loss Data through Online Webinars
Mr. Taimur Kaleem
Risk Advisory
Consultant
Mr. Mohd. Aqib
Risk Advisory
Consultant
25
25. Core Team Profile – Product Implementation
26
» Completed his Master and Research work of systems development from Hanyang University Korea
» Noman has over 3 years of experience in development of ERS and AML systems.
» He has also worked in Pakistan based Financial Technologies
» Developed RiskNucleus and RevYew for BenchMatrix
» Conducted Demos and Presentations for both RevYew and Risk Nucleus
» Involved in implementation of LD module of RiskNucleus at Meezan Bank
Mr. Noman Zahid
Manager Product
Development
Mr. Hassan have completed Master degree in Professional Computing with the emphasis on Software development,
Project management, Information security and Knowledge managements.
He possess excellent knowledge of state of the art computer technology, chiefly Microsoft’s core and contemporary
technologies including MS C#.NET, MS ASP.NET, MS SQL Server, Visual Studio IDE, CMS and general web
technologies such as HTML DOM, AJAX, JavaScript, CMS etc.
He has contributed in all phases of software development lifecycle, including planning, design, development,
implementation and support, during many different projects throughout my career.
Mr. Waqas Qazi
Senior Software
Engineer
27. For further information you can visit our website at www.benchmatrix.com
Or
you can email us at explore@benchmatrix.com
For inquiries you can visit our office at
B 904, 9th Floor Lakson Square, Building No. 3,
Sarwar Shaheed Road, Karachi
Pakistan
Irfan Fazli
Chief Executive Officer
Tel: +92 (21) 35620941 | Cell: (92300) 201-1818
Email: irfan.fazli@benchmatrix.com
Waqas Zafar
Manager Risk Advisory
Tel: +92 (21) 35620948 | Cell: +92 (321) 2915569
Email: waqas.zafar@benchmatrix.com
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Contacts
