DaringLaw advised Altiad (and its partners Benoit Sommier, Gilles Rauche and Mustapha Ninia) on its acquisition by Optimind, thereby strengthening its risk management practice.
Founded in 2007, Altiad is a consulting firm that primarily supports cross-functional Risk & Finance and Capital Markets functions in the banking sector. Its experts work on regulatory and data issues, including market and credit risk management, information systems upgrades and the transformation of risk, finance and compliance functions.
On 29 March, Optimind announced the acquisition of Altiad, a consulting firm, to strengthen its risk management practice and create a leading player in risk, finance and compliance management for financial institutions, insurance companies and large corporations.
Founded in 2007, Altiad is a consulting firm that primarily supports cross-functional Risk & Finance and Capital Markets functions in the banking sector. Its experts work on regulatory and data issues, including market and credit risk management, information systems upgrades and the transformation of risk, finance and compliance functions.
With the integration of Altiad into its Risk Management practice, Optimind strengthens and completes its offering by building a team of 75 expert consultants capable of providing comprehensive support (consulting/integration/control) for all types of risks faced by large companies, based on 4 key pillars:
- Risk & Control
- Regulatory Compliance
- IS Risk Management & Finance
- Data & Cyber Security