Kedari Capital provides financial markets, investment services and risk consulting services to a diversified client base that includes corporations, financial institutions, government agencies and parastatals within the West Africa region.
FRSGlobal will work with Kedari Capitalâs consulting arm, Kedari Consulting, to deliver enterprise risk consulting and software solutions based on FRSGlobalâs acclaimed risk management and regulatory compliance solutions. FRSGlobal has 20 offices globally and is represented in all the major financial centres. FRSGlobalâs client base exceeds 1500 financial institutions including 41 of the top 50 global banks.
Odun Odunfa, CEO of Kedari Capital, stated that this collaboration will allow for the fusion of a solid global risk management experience, powered by advanced risk management software and a proven local marketing knowledge for risks management in the West African region.
âThis collaboration will allow Kedari to deliver tailored and functional enterprise risk services to clients. The output of our offering will not just be a set of reports, but an appropriate solution that will add the required value to our clientsâ risk management framework,â Odunfa said.
Odun added: âWe are proud to be able to provide cutting edge and world class risk management solutions to all business sectors. In a globalised economy and with recent events in the financial markets, the role of strong enterprise risk management systems cannot be over-emphasised. It is a tool for business, an early warning signal for managers and a way of sustaining business values and know-how across generations.â
Mark Piper, Vice President â UK, IE & MEA at FRSGlobal, commented: "I am delighted not only to welcome Kedari as a partner but also as a client. We are always looking for ways to service our existing client base in key geographies and to also expand in areas that map to our strategies. We strongly believe that to succeed in a market such as Africa, local expertise and contacts are a pre-requisite. The management team at Kedari offers both that expertise and network of contacts and also shares in our vision of 'one version of the truth' when it comes to risk management and regulatory compliance.â