Riskcare Company Profile

Background

Overview

Riskcare is a financial services consultancy specializing in trading and risk technology, with offices in London and New York. Established in 1994, the company has nearly 30 years of experience in delivering advanced, complex, and transformational change to the capital markets industry. Riskcare serves a broad range of clients, including investment banks, institutional investment companies, hedge funds, exchanges, commodities trading houses, and insurance corporations.

Mission and Vision

Riskcare's mission is to provide world-class trading and risk technology solutions that drive innovation and efficiency in the financial services sector. The company's vision is to be a leading partner for financial institutions seeking to navigate complex risk and regulatory challenges through advanced technological solutions.

Primary Area of Focus

Riskcare focuses on delivering high-quality services in financial technology, quantitative analysis, software engineering, and business process consultancy. The company is recognized for its expertise in software engineering and quantitative financial modeling, catering to the needs of capital markets participants.

Industry Significance

With nearly three decades of experience, Riskcare has established itself as a significant player in the fintech industry, particularly in the capital markets sector. The company's innovative approach and deep technical expertise have enabled it to deliver complex and transformational solutions, earning recognition in the Financial Times UK's Leading Management Consultants 2025 list.

Key Strategic Focus

Core Objectives

Innovation in Financial Technology: Develop and implement cutting-edge trading and risk technology solutions.

Client-Centric Approach: Provide tailored services that address the unique challenges of each client.

Operational Excellence: Ensure high-quality standards in all project engagements.

Specific Areas of Specialization

Quantitative Analysis and Advisory: Offer expert insights into complex financial models and risk assessments.

Software Engineering: Develop robust and scalable software solutions for financial institutions.

Business Process Consultancy: Assist clients in optimizing their business processes to enhance efficiency and compliance.

Key Technologies Utilized

Cloud Computing: Leverage cloud platforms to provide scalable and secure solutions.

Machine Learning and AI: Implement advanced algorithms for predictive analytics and risk modeling.

Data Analytics: Utilize big data tools to extract actionable insights from complex datasets.

Primary Markets Targeted

Capital Markets: Serve investment banks, hedge funds, and exchanges.

Insurance Sector: Provide solutions to insurance corporations and intermediaries.

Commodities Trading: Support commodities trading houses with specialized technology solutions.

Financials and Funding

Funding History

Riskcare has been privately funded since its inception in 1994. In May 2022, the company was acquired by Chaucer, a British consultancy specializing in digital transformation, which is part of the BIP Group.

Total Funds Raised

Specific details regarding the total funds raised by Riskcare are not publicly disclosed.

Notable Investors

The acquisition by Chaucer, a subsidiary of the BIP Group, is a significant development in Riskcare's financial history.

Intended Utilization of Capital

Post-acquisition, the capital is expected to be utilized to enhance Riskcare's service offerings, expand its market reach, and invest in technological advancements to better serve its clients.

Pipeline Development

Key Pipeline Candidates

Riskcare is involved in various projects aimed at delivering innovative trading and risk technology solutions. Specific details about pipeline candidates are not publicly disclosed.

Stages of Development

Riskcare engages in projects at various stages, from initial inception through to full realization, ensuring high-quality standards and rapid adoption.

Target Conditions

The company's solutions are designed to address complex challenges in trading, risk management, and regulatory compliance within the financial services sector.

Relevant Timelines for Anticipated Milestones

Specific timelines for anticipated milestones are not publicly disclosed.

Technological Platform and Innovation

Proprietary Technologies

Riskcare develops proprietary software solutions tailored to the needs of financial institutions, focusing on trading and risk technology. The company also offers Murex modeling services, leveraging its extensive model validation experience.

Significant Scientific Methods

Quantitative Financial Modeling: Utilize advanced mathematical models to assess and manage financial risks.

Machine Learning Algorithms: Implement algorithms for predictive analytics and decision-making processes.

AI-Driven Capabilities

Riskcare integrates AI-driven capabilities into its solutions to enhance predictive analytics, automate processes, and improve decision-making in trading and risk management.

Leadership Team

Key Executive Profiles

Steve White: Chief Executive Officer (CEO)

Professional Background: Extensive experience in financial services and technology consulting.

Key Contributions: Led Riskcare through significant growth and technological advancements.

Ksenia Ponomareva, PhD, CQF: Managing Partner

Professional Background: Expert in quantitative finance with a focus on risk management and modeling.

Key Contributions: Oversees the development and implementation of advanced quantitative models and solutions.

Chris Sawyer: Chief Technology Officer (CTO)

Professional Background: Specializes in software engineering and technology strategy.

Key Contributions: Leads the technological direction and innovation at Riskcare.

Leadership Changes

In June 2023, Ksenia Ponomareva, PhD, CQF, joined Riskcare as Managing Partner, bringing her expertise in quantitative finance and risk management to the leadership team.

Competitor Profile

Market Insights and Dynamics

The fintech industry, particularly in the capital markets sector, is characterized by rapid technological advancements and increasing regulatory complexity. Companies like Riskcare are well-positioned to capitalize on the demand for innovative solutions that address these challenges.

Competitor Analysis

Formicary: A competitor specializing in financial technology consulting, focusing on trading and risk solutions.

Larsen & Toubro Infotech (LTI): A global technology consulting and digital solutions company serving various industries, including financial services.

Conning: A leading global investment management firm with a long history of serving the insurance industry, offering risk modeling software and industry research.

Strategic Collaborations and Partnerships

In January 2025, Riskcare partnered with Riskonet in France to strengthen their portfolio and expand their international presence. This collaboration aims to address local challenges and provide integrated solutions for industrial safety, insurance, and regulatory compliance.

Operational Insights

Riskcare's deep technical expertise and project-based engagement model enable it to deliver high-quality solutions that lead to rapid adoption and long-term value creation for clients.

Strategic Opportunities and Future Directions

Riskcare's recent acquisition by Chaucer and its partnership with Riskonet position the company to expand its market reach and enhance its service offerings. The focus on innovation and client-centric solutions provides a strong foundation for future growth and leadership in the fintech industry.