Where am I? Home: Practices

Practices

Our primary Practices are:

IT Audit

Within our Risk Management Practice, we address Operational Risk. Although Operational Risk covers a wider scope than simply IT systems, nevertheless, the popularity of our IT Audit activities has caused us to separate them into a standalone Practice. Our IT Audits are modelled on the following International standards:-

  • Cobit        for the general health of an IT operation
  • IEEE         for Software Engineering
  • ITIL           for Services
  • ISO           for specific IT standards, such as Security
  •                   and Business Continuity  Management

 

 

Risk Management

In addition to the areas of risk listed under Payment Systems, Perennius Ensemble also specialises in the following:

  • Market Risk
  • Credit Risk
  • Operational Risk
  • Reputation Risk
  • Legal Risk

as well as all aspects of Corporate Governance

 

Payment Systems

Specific areas of payment systems that Perennius Ensemble focuses on include:

  • Definition of new Payment instruments
  • Clearing and Settlement
  • Gross settlement of high value transactions
  • Net settlement of low value retail transactions
  • Securities transactions
  • Risk Management related to payments:
  • Settlement risk
  • Liquidity risk
  • Back Office Reintegration
  • Mobile payments
  • Remittance processing

 

 

Vendor Representation

This practice is based upon many years experience in setting up new operations for vendors in foreign countries. The representation covers:

  • Advice on market potential and revenue sources
  • Advice on legal, financial and cultural differences
  • Advice on human resources issues
  • Location of premises
  • Hiring of key staff
  • Identifying potential business partners