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“Zest for Enlightenment”
Z/Yen Group LimitedRisk/Reward Managers5-7 St Helen’s PlaceLondon EC3A 6AUUnited Kingdomtel: +44 (20) 7562-9562
Special – mission is to be the foremost risk/reward management firm, “helping organisations to improve by making better decisions”Services – projects, systems, coaching/training, interim managersSectors – technology, finance, NGOs, professional services, outsourcingSome Highlights – British Computer Society Award, DTI Smart Award & Foresight Challenge Award, Global Financial Centres Index, Global Intellectual Property Index, Investment Banking CCC’s, The London Accord, IT for the Not-for-Profit Sector, Clean Business Cuisine
“I use not only all the brains I have, but all I can borrow.”Woodrow Wilson
Finance – Reuters, Morgan Stanley, JP Morgan, HSBC, Goldman Sachs, GA Partners, Thomas Miller, Barclays, CSFB, BPVoluntary Sector – Unison, British Red Cross, Cancer Research UK, The Childrens’ Society, Barnardo’sTechnology – 3Com, Hitachi, MoD/QinetiQ, Scottish Universities, Medicsight, Research in Motion, Vodafone, GlaxoSmithKlineProfessional Services – ICAEW, Hill & Knowlton, Kroll, Taylor WessingOutsourcing – Johnson Controls, East Sussex CC, British Gas, Deutsche Bank
Corporate Governance: 1992 Cadbury Report, 1995 Greenbury Report, 1998 Hampel Report, 1999 Turnbull Report and 2003 Higgs report; German KonTraG corporate governance reforms; Sarbanes-Oxley Act 2002; and the OECD Principles of Corporate Governance. General Compliance: Basel 2, Markets in Financial Instruments Directive (MiFID), Sarbanes-Oxley (Section 404), the Patriot Act, Anti-Money Laundering, the Financial Services Modernisation Act, the Insurance Mediation Directive Privacy and Electronic Communications (EC Directive) Regulations, the Freedom of Information Act 2000, substantially different International Financial Reporting Standards, Data Protection Act 1998 and the Financial Groups Directive. Regulators’ Rules: from the FSA, SEC, OCC, BAFIN, etc., let alone SAS 70 or ISO 9000 as voluntarily-incurred compliance, or industry trade association voluntary compliance codes. General Business Regulation: Health & Safety, COSHH, taxation, equal rights, etc.; let alone…
“Up to 15% of support staff at Dresdner Kleinwort Wasserstein are working on compliance projects or financial regulations, Stephen Ashton, director of global IT business management at the investment bank, revealed last week.” [Computer Weekly, 1 February 2005]
“Regulatory controls take up a sizeable proportion of spend. Basel 2 and Sarbanes-Oxley compliance is chewing up 40% of investment spend.” Kevin Lloyd, Barclays CTO [Computer Weekly, 15 June 2004]
X Axis: Actual & Predicted Price Movement Bands – the length of the yellow link indicates the difference between the prediction and the actual value - the longest links represent the anomalous trades
Z Axis: The Difference between Actual & Predicted Price Movement Bands
Increase success rates among targets, reduce churn
Identify best sales techniques, bid approaches or cross-sales
Set targets for client revenue, profitability, bid success, satisfaction
as well as – television audience and time predictions, price-your-audit, property costs, credit scorecards, asylum seeker costs, song charts, satellite imagery, client targeting, customer satisfaction, bid success, project success/risk, homeland security, anti-money laundering …
“Science must begin with myths, and with the criticism of myths.”Karl Popper
“Every scientific truth goes through three states: first, people say it conflicts with the Bible; next, they say it has been discovered before; lastly, they say they always