BMR advisors - Risk & Advisory Services

BMR advisors - Risk & Advisory Services

• 1.
  BMR Advisors Page 1 AboutBMR Our Services Our Clients Risk & Advisory Services Anti-Money Laundering Anti-Bribery Compliance Forensic Investigation Supply Chain BMR Value Proposition BMR Leadership The Team Strategic Partnerships Analytics for Risk Securitization Services Process Offerings Snapshot | Our Work Database & Data Services Due Diligence BMR Advisors Risk & Advisory Services | Introduction
• 2.
  BMR Advisors Page 2 AboutBMR Our Services Our Clients Risk & Advisory Services Anti-Money Laundering Anti-Bribery Compliance Forensic Investigation Supply Chain BMR Value Proposition BMR Leadership The Team Strategic Partnerships Analytics for Risk Securitization Services Process Offerings Snapshot | Our Work Database & Data Services Due Diligence BMR Advisors One Microsoft Tax & Advisory Risk & Advisory Mergers & Acquisition Legal Support Deliveredin 40+ countries 7 Locations USA Largestclientbase 3 Centersof Excellence AlliancePartners 40+ Partners Global Delivery Advantage 600+ Employees Experts & experienced consultants 750+ clients engaged Tier 1 Ranked Tier 1 in ITR’s World Tax 2014 guide to the world’s leading tax firms 250+ Fortune 1000 clients served Right-Shoring Choice of on-ground & offshore BMR was founded in 2004 by a group of former Arthur Andersen and EY partners. We are now recognized as one of the top 5 firms in India Chartered Accountants, MBAs, CPAs, ACAMS, ACL Specialists, SAP Specialists, CISA, CCISPL and CFE Ranked as a leading tax law firm by The Legal 500, Asia- Pacific Guide 2013 2+ million hours delivered to date Rated as a Great Place to Work in India Extensive engagements in AML, KYC and Analytics for Global Clients Industry Focus Energy, Financial Services, Retail Technology, Media, Communications, Infrastructure, Real Estate & Japanese Business Group Rated third most active transaction advisor in India by VCCedge League Table for FY2013 40% professionals abovemanager level About BMR
• 3.
  BMR Advisors Page 3 AboutBMR Our Services Our Clients Risk & Advisory Services Anti-Money Laundering Anti-Bribery Compliance Forensic Investigation Supply Chain BMR Value Proposition BMR Leadership The Team Strategic Partnerships Analytics for Risk Securitization Services Process Offerings Snapshot | Our Work Database & Data Services Due Diligence Our Services Risk & Advisory • Process & Performance Improvement • Risk & Control • Due Diligence • Analytics • AML & Financial Compliance Direct Tax •Transfer Pricing •Tax Litigation •Transaction Tax/ Restructuring •Corporate & International Tax •Expatriate Tax •Tax Policy & Advocacy •Tax Outsourcing & Compliance Services Indirect Tax • Advisory • Compliance • Litigation M&A • Corporate Finance • Transaction Support • Transaction Tax/ Restructuring • M&A Legal Legal Support • M&A Support • Direct Tax Litigation • Indirect Tax Litigation • Advocacy • Documentation Japanese Business Group Retail Energy Financial Markets Technology Media Real EstateManufacturing Process Financial Legal Structuring Tax CompetenceServiceLinesIndustry Our Services
• 4.
  BMR Advisors Page 4 AboutBMR Our Services Our Clients Risk & Advisory Services Anti-Money Laundering Anti-Bribery Compliance Forensic Investigation Supply Chain BMR Value Proposition BMR Leadership The Team Strategic Partnerships Analytics for Risk Securitization Services Process Offerings Snapshot | Our Work Database & Data Services Due Diligence Strategic Partnerships & Recognitions Ranked second Most Active Transaction Advisor (Private Equity) by Venture Intelligence League Table for Q1 2011 Rated as a Great Place to Work in India, 2010 Great Place to Work ® Institute Rated Tier 1 Tax Transactional Firm for fifth consecutive year by International Tax Review’s online poll, 2012 BMR ranked sixth (by deal count) in Thomson Reuters Mid-Market Insight, Jan-Sep 2012 Rated third most active transaction advisor by Venture Intelligence League Table for the first half of 2012 BMR Legal Ranked among the top Indian legal tax firms by the Chambers and Partners in the Asia-Pacific Guide 2012 Rated Tier 1 Tax Transactional Firm for sixth consecutive year by International Tax Review’s online poll, 2013 BMR Advisors ranked third leading financial advisor in India for the year 2012 by Thomson Reuters Mid- Market survey BMR Advisors rated as Number One transaction advisor by VC Edge for the year ending 2012 BMR Legal ranked as a leading tax law firm by The Legal 500, Asia- Pacific Guide 2013 Ranked as a Tier 1 Firm in India, International Tax Review, World Tax Survey 2009 2009 2010 2011 2012 2013 Ranked Tier 1 in ITR’s World Tax 2014 guide to the world’s leading tax firms 2014 BMR Alliance Partners Strategic Partnerships 2015 Ranked Tier 2 in ITR’s World Transfer Pricing 2014 guide Most Active transaction advisor for Private Equity and M&A by Venture Intelligence Ranked Tier 1 in ITR’s World Tax 2015 guide to the world’s leading tax firms, 8th year in a row Ranked Tier 2 in ITR’s World Transfer Pricing 2015 guide BMR And Community The firm has a strong commitment to community service. As much as client service, we endeavor to fulfil our social responsibility under the aegis of BMR Foundation. Through our ‘Go Green Initiative’, we adopt environment-friendly practices at our workplace. We actively support initiatives such as SOS Children’s Villages of India, Indian Red Cross Society and MillionTreesGurgaon.
• 5.
  BMR Advisors Page 5 AboutBMR Our Services Our Clients Risk & Advisory Services Anti-Money Laundering Anti-Bribery Compliance Forensic Investigation Supply Chain BMR Value Proposition BMR Leadership The Team Strategic Partnerships Analytics for Risk Securitization Services Process Offerings Snapshot | Our Work Database & Data Services Due Diligence Our Clients Accenture ABN AMRO Bank ADM Capital AIG Alstom Apple Computers American Express Assa Abloy Avaya Barclays Bank of America BD BEA Systems BHP Billiton BNP Paribas Blackstone Brightpoint British Gas Canon Carlyle Citigroup Continental Airlines Chevron Cisco Systems Credit Suisse Deutsche Bank Daikin Enfield ExxonMobil Fidelity General Motors Goldman Sachs GSK HP HSBC IBM Intel Itochu Corporation JP Morgan Chase Kodak Levi Strauss Lehman Brothers Lazard McKinsey & Co. Mitsubishi Morgan Stanley Merrill Lynch NCR Corporation Nokia Novo Nordisk NM Rothschild New Silk Route NVP Olympus Capital Premier Oil Pepsi Perot Systems Petronas PNB Metlife Reuters Royal Bank of Scotland Regulatory Data Corp Samsung Sanyo Schlumberger Shell Sony Star TV State Street Sumitomo Corporation Sumitomo Mitsui Bank Suzuki Temasek Texas Instruments Templeton Thomson Warburg Pincus UBS Xerox Yum! Our Clients
• 6.
  BMR Advisors Page 6 AboutBMR Our Services Our Clients Risk & Advisory Services Anti-Money Laundering Anti-Bribery Compliance Forensic Investigation Supply Chain BMR Value Proposition BMR Leadership The Team Strategic Partnerships Analytics for Risk Securitization Services Process Offerings Snapshot | Our Work Database & Data Services Due Diligence Risk & Advisory | Key Services Anti-money Laundering Sanctions Compliance FCPA / UK Bribery Act Risk & Advisory Analytics Process Development & Optimisation BPM / SOP Implementation Post-Merger Process Integration Securitization Analytics Audit Analytics & CCM Compliance Analytics Risk & Control Assessment Internal Audit Fraud Review IT Control Assessment & Security Review Financial & Tax Due Diligence Business Analysis Forensic / External Diligence Risk & Advisory Services
• 7.
  BMR Advisors Page 7 AboutBMR Our Services Our Clients Risk & Advisory Services Anti-Money Laundering Anti-Bribery Compliance Forensic Investigation Supply Chain BMR Value Proposition BMR Leadership The Team Strategic Partnerships Analytics for Risk Securitization Services Process Offerings Snapshot | Our Work Database & Data Services Due Diligence New technologies and the evolution of criminal activity has led to the development of sophisticated methods to launder the proceeds of crime. Our Offerings AML Compliance Setup Transaction Monitoring Enhanced Due Diligence Sanctions Compliance Rogue Websites Monitoring Screening Services FATCA Compliance Coverage Experience with two top Wall-Street banks covering over 240 jurisdictions, with 25+ countries delivered on ground. 30+ language capabilities and regulatory know-how on BSA and Patriot Act. Users Banks, NBFCs, Payment Services, Financial Services, Investment Banks, Online Transaction Gateways AML Compliance Setup Transaction Monitoring Enhanced Due Diligence Sanctions Compliance Rogue Websites Monitoring Screening Services FATCA Compliance Ensuring adherence to organizational, regulatory and relevant KYC/AML norms for customers/third parties including remediation, audit and process setup Identify suspicious activities, review controls and utilize analytics capabilities to assist clients to optimize their thresholds on alert monitoring Research based Due Diligence Reports based on updated legal, sanctions, media, registration information etc. created by an experience team of experts Setup, Test & Execution of processes for Clients/Customers/ Third Parties against Local, National, International and other Sanctions Lists Monitoring rogue websites which may be involved in money laundering, fraud, counterfeit, malware, illegitimate & content theft Regulatory, Operational, Financial & Reputational risks covered by red flag identification based on defined rules, requirements and scope of coverage Identification, classification, calculation, withholding and reporting, account remediation, designing & testing of documentation, withholding & reporting Anti-Money Laundering Anti-Money Laundering
• 8.
  BMR Advisors Page 8 AboutBMR Our Services Our Clients Risk & Advisory Services Anti-Money Laundering Anti-Bribery Compliance Forensic Investigation Supply Chain BMR Value Proposition BMR Leadership The Team Strategic Partnerships Analytics for Risk Securitization Services Process Offerings Snapshot | Our Work Database & Data Services Due Diligence Under the FCPA, UKBA & other global Anti-Bribery laws, instances of Bribery have triggered intense regulatory investigations resulting in extensive fines on corporations. Our Offerings Third Party/Vendor Due Diligence Anti-Bribery Analytics Enhanced Due Diligence Red-Flag Monitoring PEP Screening Linkage Analysis Coverage Analytics key driver for case monitoring across regions. Large vendor diligences in Africa and APAC. Number of engagements on implementing & fortifying existing ABC mechanisms and processes. Users Organizations with extensive Supplier/Vendor Network, Supply Chains, Geographical Spread, Oil & Gas, Medical Devices, Pharmaceutical, Manufacturing & Infrastructure. Third Party/Vendor Due Diligence Anti-Bribery Analytics Enhanced Due Diligence Red-Flag Monitoring PEP Screening Linkage Analysis Preliminary, Empanelment & Renewal stage Due Diligence of Third Parties, Business Partners & Vendors based on perceived risk levels & defined scope Leveraging Analytics to identify red flag transactions, processes & relationships where bribery violations are possible Research based Due Diligence Reports based on updated legal, sanctions, media, registration etc information created by an experienced team of experts Continuous & Periodic monitoring of media, legal, reputation, regulatory, shareholding & PEP red flags by leveraging research & technology capabilities Screening of Third Parties, Entities, Individuals, Clients etc to establish direct or indirect relationships to defined levels of Politically Exposed Persons (PEPs) Assessing linkages of Third Parties, Entities, Vendors & Business Partners among themselves or employees/management/PEPs to indicate bribery issues Anti-Bribery Compliance Anti-Bribery Compliance
• 9.
  BMR Advisors Page 9 AboutBMR Our Services Our Clients Risk & Advisory Services Anti-Money Laundering Anti-Bribery Compliance Forensic Investigation Supply Chain BMR Value Proposition BMR Leadership The Team Strategic Partnerships Analytics for Risk Securitization Services Process Offerings Snapshot | Our Work Database & Data Services Due Diligence The recent spike organizational activity and economic growth has also led to the uncovering of a number of fraud and nefarious activities by employees or stakeholders within an organization. There is a new- found need to identify and assess the source of these issues to safeguard shareholder value. Our Offerings Fraud Assessment & Investigation Forensic Accounting Competitive Intelligence Litigation Support/Asset Tracking Data & Audit Analytics Regulatory Risk & Market Entry Analysis Coverage Over 400 Diligences & Forensic Investigations carried out across Industries and jurisdictions by leveraging best in class methodologies, technology & tools. Users Organizations who suspect issues or have evidenced fraudulent activities and are trying to rectify systems, processors while building the requisite evidence and methodology in a discreet manner Fraud Assessment & Investigation Forensic Accounting Competitive Intelligence Litigation Support/Asset Tracking Data & Audit Analytics Investigation of willful misconduct on the part of employees/management/third parties etc with actionable intelligence, evidence and gap identification Identify financial irregularities in books and records, Systematic review of accounting systems, internal controls, detect Cyber intrusion & data loss Develop internal & external intelligence related to the competition and their possible actions during competitive bidding Asset identification, Collection and preparation of evidence, Expert witness ad affidavits &Testing of counterparty claims and evidence Assessing linkages of Third Parties, Entities, Vendors & Business Partners among themselves or employees/management/PEPs to indicate bribery issues Forensic Investigation Regulatory Risk & Market Entry Analysis Assessment of various regulatory and related risks that the entity may be exposed to on Market Entry and the possible effects on Business Assumptions Forensic Investigation
• 10.
  BMR Advisors Page 10 AboutBMR Our Services Our Clients Risk & Advisory Services Anti-Money Laundering Anti-Bribery Compliance Forensic Investigation Supply Chain BMR Value Proposition BMR Leadership The Team Strategic Partnerships Analytics for Risk Securitization Services Process Offerings Snapshot | Our Work Database & Data Services Due Diligence The new found energy in the PE and M&A market has led to a spurt of new acquisitions while the need for inorganic growth has led to a number of organizations making strategic investments. Such critical decisions need to be backed with sound Due Diligence exercises to determine & assess the underlying value. Our Offerings Financial Due Diligence Tax Due Diligence Business Analysis Coverage Over 400 Diligences & Forensic Investigations carried out across Industries and jurisdictions by leveraging best in class methodologies, technology & tools. Users Organizations who are looking at high-value targets as either Investors i.e. PE/VC or as strategic investors, especially in developing & unstructured markets Financial Due Diligence Tax Due Diligence Business Analysis Due Diligence on the Financials of an organizations with comprehensive & holistic coverage of various cost & revenue components to determine issues Due Diligence on various applicable taxation types, advances, arrears, non- payments, punitive fines and any possible liabilities for the future An assessment and thorough analysis of the fundamentals of the business, revenue streams, cost structures and potential issues & concerns Due Diligence Due Diligence
• 11.
  BMR Advisors Page 11 AboutBMR Our Services Our Clients Risk & Advisory Services Anti-Money Laundering Anti-Bribery Compliance Forensic Investigation Supply Chain BMR Value Proposition BMR Leadership The Team Strategic Partnerships Analytics for Risk Securitization Services Process Offerings Snapshot | Our Work Database & Data Services Due Diligence The growing complexity, geographic spread and dependency on Supply Chains has led to multiple risks emanating due to the actions of either business partners or market & environmental developments beyond organizational control. Our Offerings Supplier/Vendor Due Diligence Business Partner Due Diligence Supply Chain Red Flag Monitoring Financial & Business Stability Social Listening for Risk Coverage Multiple Due Diligence & Risk Monitoring projects undertaken on Customers & Business Partners of clients across markets & geographies. Users Organizations with diverse and extensive geographic, industry and markets spread across the globe. Energy, Oil & Gas, Manufacturing, Chemicals, Consumer Durables, Electronics, Engineering etc. Supplier/Vendor Due Diligence Business Partner Due Diligence Supply Chain Red Flag Monitoring Financial & Business Stability Social Listening for Risk Holistic Due Diligence of Global Supplier/Vendor base to create a comprehensive & comparative scorecard on defined risk & business parameters Holistic Due Diligence of Business Partners, Dealer/Distributor base to create a comprehensive & comparative scorecard on defined risk & business parameters Continuous Red Flag monitoring related to global geographies, markets, regulations, business partners, clients, outlier events, risk & related scenarios Assessing the Financial & Business Stability of a Third Party at Empanelment or Renewal stage with coverage of both financial & non-financial parameters Monitoring of Social Media, Blogs, Forums and other unstructured information sources to indicate and assess probable red flag areas across supply chains Supply Chain Supply Chain
• 12.
  BMR Advisors Page 12 AboutBMR Our Services Our Clients Risk & Advisory Services Anti-Money Laundering Anti-Bribery Compliance Forensic Investigation Supply Chain BMR Value Proposition BMR Leadership The Team Strategic Partnerships Analytics for Risk Securitization Services Process Offerings Snapshot | Our Work Database & Data Services Due Diligence Today’s organizations are generating data in great quantities and hold answers about their performance and future results. While business performance has been a key output of analytics, we extensively use this capability to highlight and evaluate potential risks. Our Offerings Securitization Analytics Fraud Assessment Analytics Anti Bribery (FCPA) Process Analytics Collections & Recovery Transaction Monitoring Coverage Demonstrated ability to develop complex models using SAS, Access and ACL. High volumes of data handled from SAP/Oracle systems across jurisdictions, using bank of case situations. Users Insurance & Investment Banks, Financial Institutions, Ecommerce, Retail, Pharmaceutical & Manufacturing. Securitization Analytics Fraud Assessment Analytics Anti-Bribery (FCPA) Process Analytics Collections & Recovery Transaction Monitoring Insights & monitoring of securitization portfolio participation, performance analytics, cash flow projections, prepayments & delinquency analysis Preventive & detective fraud assessment on the basis of monitoring of defined red flags, thresholds, scenarios & procedures for an organization Assessing & monitoring focus areas like vendor payments, sales, Manual JE testing etc. that may impact transaction related to FCPA compliance Performing analytics on transactions to ensure adherence process & procedures based on required metrics and as defined management expectations Monitoring the efficiency of the Collections & Recovery process & team for a financial institution with varied product, market & geographic spread Real Time, Differed or Period Transaction Monitoring to identify process breach, red flag items & non-adherence to policy guideline Analytics for Risk Analytics for Risk
• 13.
  BMR Advisors Page 13 AboutBMR Our Services Our Clients Risk & Advisory Services Anti-Money Laundering Anti-Bribery Compliance Forensic Investigation Supply Chain BMR Value Proposition BMR Leadership The Team Strategic Partnerships Analytics for Risk Securitization Services Process Offerings Snapshot | Our Work Database & Data Services Due Diligence A number of organizations are faced with the daunting task of developing, defining and maintaining databases of customers, contacts, outside information or as an essential component of their services. Our Offerings Database Setup & Development Data Building – Online Sources Data Building – Offline Sources Database Remediation Testing & Validation Database Maintenance Coverage We define database requirements from the ground u using holistic lens to ensure that the end product is aligned to the goals of our clients. We extensively leverage research and analytical skill sets along with the requisite technologies to make this happen Users Financial Institutions, Online Companies, Ecommerce, Aggregators, New & Information Providers & organizations looking at creating Data Assets Database Setup & Development Data Building – Online Sources Data Building – Offline Sources Database Remediation Testing & Validation Database Maintenance Setup & Development of a database as a ‘Data Asset’ for the client based on agreed specifications, structure and architecture along with rules & interlinkages Buildup of defined database & requisite fields based on verified, validated and selective data sources which are online Buildup of defined database & requisite fields based on verified, validated and selective data sources which are offline (along with identification) Remediation of the records, fields, architecture and rules of a database based on the desired or required evolve state of a database Testing & validation of a live or architecture stage database to determine possible scaling, definition and entry issues Maintenance of data along with updated entries, developments and required structured to keep the information live Database & Data Services Database & Data Services
• 14.
  BMR Advisors Page 14 AboutBMR Our Services Our Clients Risk & Advisory Services Anti-Money Laundering Anti-Bribery Compliance Forensic Investigation Supply Chain BMR Value Proposition BMR Leadership The Team Strategic Partnerships Analytics for Risk Securitization Services Process Offerings Snapshot | Our Work Database & Data Services Due Diligence Post flag-off, continuous performance monitoring of the underlying assets is imperative to ensure smooth functioning of the deal Our Offerings Deal Performance Analysis Cash Flow Projections Pool Analytics Monitor events and triggers Review data and reports Coverage Developed various analytical models including Cash Flow Forecasting model with Scenario Analysis leveraging tools like SAS, MS Access and MS Excel to analyze the portfolio performance on a continuous basis Users Institutional Investors, Arrangers, Book-runners and Financial Institutions Deal Performance Analysis Cash Flow Projections Pool Analytics Review data and reports Monitor events and triggers Perform various deal related analysis on a periodic basis including yield analysis, scenario analysis, tenor bucketing, seasoning, need-based analytics, etc. Prepare cash flow forecast with scenario analysis based on LIBOR rate, delinquency, default and pre-payment rate, etc. Report country exposure, industry exposure, product concentration, weighted average yield, ratings, remaining tenor, original tenor and seasoning of the pool Review the data and reports provided by other stakeholders including program administrators, servicers and originators Monitor events and triggers as per deal including negative excess spread, breach of any eligibility criteria and concentration limits Securitization Services Securitization Services
• 15.
  BMR Advisors Page 15 AboutBMR Our Services Our Clients Risk & Advisory Services Anti-Money Laundering Anti-Bribery Compliance Forensic Investigation Supply Chain BMR Value Proposition BMR Leadership The Team Strategic Partnerships Analytics for Risk Securitization Services Process Offerings Snapshot | Our Work Database & Data Services Due Diligence Organizations today face a wide variety of regulatory, fraud & internal control risks, although not all are equal in the amount of exposures they create. These result in enormous, unexpected effort and cost Our Offerings Concurrent Audit Internal Audit Process & SOP Development Audit Analytics & CCM Process Diagnostics Risk & Control Assessment Process Assessment & Optimization Coverage By combining our core strengths in regulatory knowledge, business processes, finance and IT with deep specialisation in varied sectors, we are uniquely positioned to offer best-in-market services Users Risk, Compliance, Audit, Finance & Fraud leaders in the Multi-Nationals, Rapidly Scaling organizations and ‘Risk Aware’ Companies. Concurrent Audit Internal Audit Process & SOP Development Audit Analytics & CCM Process Diagnostics Risk & Control Assessment Process Assessment & Optimization Customized concurrent audit services for Employee Reward & Recognition, Commission and Accounts Payable processes Diagnostic reviews of the overall internal audit function has led to creating an improved Risk Management framework within the clients business operations Development of SOPs, Processes, Systems and related mechanisms to ensure seamless activities and business exercises on required lines. Strategic tests in program procedures to monitor the effectiveness of pre- defined procedures and development of standard information templates Execute a comprehensive and defined Diagnostic Program to understand various current and latent issues, concerns and gaps in the underlying process(es) Identify and prepare a repository of risks relevant to the business to assist management in ensuring streamlined processes Compliance process design & implementation, SOP alignment, process centralization/migration & development of reporting structures Process Offerings Process Offerings
• 16.
  BMR Advisors Page 16 AboutBMR Our Services Our Clients Risk & Advisory Services Anti-Money Laundering Anti-Bribery Compliance Forensic Investigation Supply Chain BMR Value Proposition BMR Leadership The Team Strategic Partnerships Analytics for Risk Securitization Services Process Offerings Snapshot | Our Work Database & Data Services Due Diligence Anti-Money Laundering Anti-Bribery Compliance Snapshot | Our Work Set-up & Operationalization of the Global KYC CoE • Addressed the identified anti- money laundering compliance deficiencies that affected a Global Top 3 bank • Successfully managed the entire back-end for 229 jurisdictions and performed customer due diligences for 225,000 corporate customers • This was done over several years, also took OCC examiners through the CoE process KYC Remediation & Renewals • Operating out of the Wall-Street bank’s India premises, our team worked on KYC remediation of the bank’s clients for the Corporate and Investment Banking business • This involved assessing customer due diligence (CDD) procedures, risk scoring, gap analysis and then remediate/refresh • The team liaised with the Bank’s RMs across global locations to ensure readiness for a regulatory review Anti-Corruption Directory for UNODC • Developed a comprehensive database of Central and State Government departments and officials • Exhaustive database of detailed profiles of 10,000 officials • Easy to use web platform for managing the directory of 10,000 Central / State officials • Weekly and monthly updates on changes observed in country specific political events Development of a global PEP repository covering • Close to 1 million PEPs • Across 200+ countries/ territories • Expertise around Languages • One of the largest and most comprehensive PEP Databases • Over 150+ professionals contributed to the development • Used by Bank & Financial Services Organizations Globally • Comprehensive Database development rules and methodologies created Transaction Monitoring Optimization • Assisted the client in optimizing their automatic transaction monitoring thresholds • Established effective AML alert disambiguation processes using KYC information and customer transaction history • Reduced false positives and helped in identification of suspicious relationships and beneficial ownerships Due Diligence on 15K Correspondent Banks • Due diligence based on the global FATF anti-money laundering (AML) requirements and the Wolfsberg Principles • Researched ownership structures, management details, regulatory status, correspondent banking certifications • Exhaustive database aggregating data from multiple sources such government regulatory bodies, stock exchanges etc Anti-corruption Policy Framework • Conducted a high level risk assessment to understand the potential exposure areas of Company’s business operations • Gap analysis between existing anti-bribery policies & the results • Strengthened procedures around identified high risk exposure areas • Enhanced corporate policies setting forth specific due diligence and documentation requirements for relationships with foreign officials and third party agents Baseline FCPA compliance review for US Multinational • Conducted an analysis of transactional activity included in the company’s books and records, in order to identify, any anomalies, that may have indicated unexplained payments or bid manipulation • Evaluated the adequacy of internal controls that existed around the in- scope review areas • Formulated a remediation action plan to plug-in the identified internal control lapses Snapshot | Our Work
• 17.
  BMR Advisors Page 17 AboutBMR Our Services Our Clients Risk & Advisory Services Anti-Money Laundering Anti-Bribery Compliance Forensic Investigation Supply Chain BMR Value Proposition BMR Leadership The Team Strategic Partnerships Analytics for Risk Securitization Services Process Offerings Snapshot | Our Work Database & Data Services Due Diligence Forensic Snapshot | Our Work Supply Chain JV of leader in the energy sector & Indian Promoter  Management received an anonymous letter regarding Questionable transactions by Indian promoters  Interest of foreign partners limited to monthly MIS and equity infusion  Inadequate background checks on the promoter before Investment  Detailed transaction analysis and employee surveys  Determined the key fraud indictors around Procurement, Inventory and accounting  Established fraud by Promoters Leader in the organized market for kids apparel  Allegations of financial mismanagement  Conducted process walkthroughs and detailed discussion  Analyzed critical cost components to establish their completeness, accuracy and authenticity  Conducted sales and inventory analysis  Identified compromised control checks, inflated sales figures  Established over/under valuation in the Balance Sheet & manipulation of accounts Supply Chain Efficiency upgrade for Cement Major • Leading cement manufacturer in India with 4 plants needed to address its supply chain with respect to timely delivery of stock to customer and any cost saving opportunity in current process • Identified the robustness of the existing controls and cost saving opportunity • Exercise led to major cost savings, reduced manpower costs, process efficiency & route optimization Vendor Due Diligence for Global Multilateral Agency • Client wanted us to execute a due diligence of a Technical Assistance Supplier as per established global norms • Aim was to ensure that allocated funds were being utilized as intended and properly accounted for. • This comprised of auditing corporate governance norms, adherence to sub-contracting terms, monitoring of management, fraud review and audit Indian bank faced with whistleblower allegations  Several whistleblower complaints against a senior executive  Quantified the loss suffered as a result of the corrupt practices  Conducted discreet and overt interviews of current and former employees of the bank  Analyzed over 10 suspicious procurement transactions  Identified the corrupt business practices with certain vendors  Established the modus operandi of received kickbacks Fraud committed by Traders  Entities acting in concert along with a clutch of trading outfits  Funding for the procurement was being routed through C&F agents  Quantities procured were transferred to one entity to control the stock position in the market  Established the relationships between the buying clients, selling clients, agents  Established the source of funding of the related entities  Verified Background, general reputation and track records Vendor Management & Payment Monitoring • Our Client wanted to monitor and identify vendors with possible FCPA based red flags • Analytics based tools and ITGC Review carried out extensively • Extensive analysis carried out on Vendor Payment, Sales orders, contracts, Travel & Expenses and CPI/Tax Haven related checks • Multiple red flags identified and processed for further action by the Client’s Compliance team Restaurant Chain Procurement & Inventory Review • Chain with over 100 outlets, wanted to address procurement & inventory management to maximize efficiency • Performed various analytics like stock outs, rate differentials, variance in consumption, list of unauthorized discounts etc • Key impacts of saving of 22% on procurement and 66% of EBITDA • Efficiently automated data access and design effective, high-value analytics Snapshot | Our Work
• 18.
  BMR Advisors Page 18 AboutBMR Our Services Our Clients Risk & Advisory Services Anti-Money Laundering Anti-Bribery Compliance Forensic Investigation Supply Chain BMR Value Proposition BMR Leadership The Team Strategic Partnerships Analytics for Risk Securitization Services Process Offerings Snapshot | Our Work Database & Data Services Due Diligence Snapshot | Our Work Efficiency Diagnostics for one of the Top 10 Infocom company • Assisted in the development and implementation of a strategy to improve subscriber profiles and paying patterns • Conducted in-depth analysis of business performance data and process designs to identify gaps – this resulted in significant improvement in collections • Adopted the RACI (Responsibility, Accountability, Consult and Inform) model to assess employee empowerment Security risk & IT Review and Advisory | SOX • Conducted IT diagnostic review of entire wireless business support system including application and interface controls, data integrity, production support & system performance review and software development life cycle process • Conducted IT General Controls review • Documentation for SOX compliance Revenue Assurance Review and Dashboard • Identified and quantified revenue leakages through data analytics by conducting root cause analysis for identified risks and firming up action plans and Implementation support • Developed a root cause database for intuitive exception resolution • Automated key RA reconciliations • Designed RA dashboards which enabled the RA team to focus on exceptions Process Improvement • Detailed Review of Finance, Admin & HR functions at the company’s captive IT BPO operation • Particular focus on integration of processes and controls with the parent company in Europe • Developed a proposal of RA organizational structure, defining roles and responsibilities and recommending an implementation roadmap Process Offerings Analytics for Risk Management FCPA based Analytics Project for Global Automation Leader • Understood the companies operations and processes and identified transactions with potential red flags • Performed over 100 major analytics as per the regulations Scope of testing included • Vendor Management & Payment • Sales • Finance • CPI & Tax Havens Global securitization monitoring • The client is a SPV of two global banks who have their assets securitized for weekly replenishments. • Significant complexity with first-of- its-kind features developed into a model, covering 24+ jurisdictions and multiple industries, • Our work involves monitoring each asset coming into the program, the overall performance and determining any breaches in program terms. Investment Restructuring & Implementation • A leading PE Fund wanted an efficient fund structure to solicit investments from overseas and domestically • Developed a suitable investment structure meeting the objectives • Undertook a jurisdiction analysis • Developed the onshore fund model, as per amended tax regime • De-pooled investments made through the current investment structure Risk Monitoring of Rewards & Referrals Program • The Client, a Global Insurance company, wanted us to identify errors and automate the monthly payouts of 120 incentives/ rewards schemes • We conducted a detailed review of sale incentive schemes and the underlying policy level data • Collated and mined multiple databases, to develop a sophisticated risk-based monitoring framework, using ACL and MS Access Snapshot | Our Work
• 19.
  BMR Advisors Page 19 AboutBMR Our Services Our Clients Risk & Advisory Services Anti-Money Laundering Anti-Bribery Compliance Forensic Investigation Supply Chain BMR Value Proposition BMR Leadership The Team Strategic Partnerships Analytics for Risk Securitization Services Process Offerings Snapshot | Our Work Database & Data Services Due Diligence The BMR Value Proposition Global Effective Project Management Flexible Delivery Mechanism Thought Leadership Extensive experience working with global institutions and an understanding and knowledge of relevant regulations, systems, databases involved in these large-scale, multi-location projects. Our team comprises professionals with experience in the Big-Four as well as leading banks and are based out of India. This One-Global Team has led to significant cost benefits for our Clients. High level of engagement of the senior team, with complete focus on problem definition, solution development and its implementation. We have developed a flexible operational model, that caters to Client needs with complete data confidentiality/integrity along with effective coordination and project management. These include on-ground and in-premises models. An extensive emphasis on building knowledge of trends, regulations, processes and technology ensures that the team develops & executes pioneering & best-in-class engagements for Clients globally. BMR Value Proposition
• 20.
  BMR Advisors Page 20 AboutBMR Our Services Our Clients Risk & Advisory Services Anti-Money Laundering Anti-Bribery Compliance Forensic Investigation Supply Chain BMR Value Proposition BMR Leadership The Team Strategic Partnerships Analytics for Risk Securitization Services Process Offerings Snapshot | Our Work Database & Data Services Due Diligence The BMR Leadership Rohit Berry Partner & Practice Head Mergers & Acquisitions Bobby Parikh Partner & Chief Mentor Mukesh Butani Managing Partner, BMR Legal and Non-executive Chairman Rajeev Dimri Partner & Practice Head Indirect Tax Sanjay Mehta Partner & Practice Head Risk & Advisory Services Gokul Chaudhri Partner & Practice Head Direct Tax With over 25 years of experience, Bobby has advised a number of private equity investors, banking groups, investment banks, brokerage houses, fund managers and other financial services firms in establishing operations in India, mergers & acquisitions, and in developing structured financial products, providing tax and business advisory and tax reporting services. He has worked with Indian and multinational businesses, in interpreting the implications of the deregulation and changes to India’s policy framework. With a specialization in corporate international tax and transfer pricing, Mukesh has over 30 years’ experience in advising Fortune 500 multinationals and Indian business houses on a wide range of matters relating to FDI policy, entry strategy, business re- organisations, cross-border tax structuring, tax controversy and regulatory policy across a range of sectors. He is a member of Tax Bureau of OECD- BIAC, Permanent Scientific Committee of IFA and Vice Chairman of Taxation Commission of ICC. Over 28 years of experience in assurance and business process risk consulting and financial diligence. Worked with multinationals, Indian business houses and private equity funds across a range of industries. Sanjay has been providing financial, business diligence and forensic / fraud investigation services to PE funds, banks and corporates. He provides thought leadership in the areas of Enterprise Risk Management and Corporate Governance to organizations in various industries. Over 25 years of experience in tax matters and structuring cross-border transactions for goods and services covering a range of indirect tax issues. Rajeev has extensive experience in advising multinational and domestic companies across a range of industries in the area of customs and other in-country indirect taxes. He has worked closely with the central & state governments of India, leading multi-disciplinary teams on projects to define and implement new legislation covering all manner of indirect taxes. With a specialization in originating, structuring and implementing cross border and domestic transactions, Rohit has over 21 years of experience in advising Fortune 500 multinationals and Indian business houses in complex M&A matters. He is recognized as having the most active experience, spanning two decades, in advising Japanese companies in establishing, diversifying and consolidating their presence in India, across sectors and with particular focus on the automobile and chemicals industry. Gokul has over 23 years of professional service experience which includes significant engagements for domestic and international clients, including multi-billion dollar cross border transactions, privatization initiatives and project advisory for large infrastructure assets. In addition, he has extensive experience in structuring and presenting (possibly over 400 in number) in-bound foreign investment proposals to the Government of India.BMR Leadership
• 21.
  BMR Advisors Page 21 AboutBMR Our Services Our Clients Risk & Advisory Services Anti-Money Laundering Anti-Bribery Compliance Forensic Investigation Supply Chain BMR Value Proposition BMR Leadership The Team Strategic Partnerships Analytics for Risk Securitization Services Process Offerings Snapshot | Our Work Database & Data Services Due Diligence Risk & Advisory Partners Sanjay Mehta Partner & Head of Risk & Advisory Services [email protected] SANJAY MEHTA is a Partner with the firm, leading the Risk and Business Advisory practice. With over 30 years of experience of advising large Indian and multinational corporations – of which he spent nearly 15 years with Arthur Andersen, and a further 3 years with Ernst & Young. He became a partner in Andersen in 1995, and subsequently became Audit Head and national leader for the Business Risk Consulting Practice. Sanjay contributed to Andersen’s success by leading several pioneering initiatives in the US, Europe, Africa and the Middle East. Most Significantly, he led the Telecom practice for Arthur Andersen & EY for the APAC region. Sanjay is currently the Firm’s leader for Due Diligence assignments, spanning a number of industry sector. His experience in financial statements, business process reviews, due diligences, performance measurement work, revenue enhancement techniques, cost reduction and work practices review, reengineering and strategic consulting helps him provide clients with practical business advice. Sarabjeet Singh Partner Risk & Advisory Services [email protected] SARABJEET SINGH is a Partner in the Risk and Advisory Services practice at BMR and is an expert in the Banking and Financial Compliances and Utilities Finance Systems, having spent over 9 years working on State Electricity Board clients. Prior to joining BMR in 2006, he worked for nine years at Arthur Andersen and a further 3 years at Ernst & Young. He has over 21 years’ professional experience, delivering a wide range of services in accounting, due diligence reviews, internal audit, financial reporting processes, solution development and analytics. Sarabjeet has also been primarily involved in assurance reviews and audits of large multi-location clients, formulating and implementing financial accounting packages, policies and practices, operational and financial controls review and financial systems related fraud investigations. He has extensive experience in AML/KYC matters across geographies and has implemented global AML/KYC solutions for large financial institutions and multinational banks. Partner with extensive consulting experience in Anti-Bribery, Analytics & Process Partner and head of Risk Advisory practice with noted leadership in Telecom at the APAC level BMR Leadership
• 22.
  BMR Advisors Page 22 AboutBMR Our Services Our Clients Risk & Advisory Services Anti-Money Laundering Anti-Bribery Compliance Forensic Investigation Supply Chain BMR Value Proposition BMR Leadership The Team Strategic Partnerships Analytics for Risk Securitization Services Process Offerings Snapshot | Our Work Database & Data Services Due Diligence The Team Shikha Kapur Director Risk & Advisory Services Aditya Mohan Nigam Director Risk & Advisory Services Harkishan Bhatia Director Risk & Advisory Services Meeta Chopra Associate Director Risk & Advisory Services He has over 12 years of experience in process advisory and risk consulting. Harkishan has a diversified experience covering a range of assignments including SOX 404 compliance, Risk assessment reviews, Process reviews, ERP Reviews, SOP documentation and implementation and Internal Audits across industries including Retail, IT Software, Hospitality, Electronics, Media, Automobiles, Finance, Industrial manufacturing and FMCG. Over 10 years of experience in transaction support & risk consulting. Aditya has conducted buy side and sell side due diligence review projects for both strategic investors and private equity funds. He has extensive experience of working with private equity funds based in India and executed projects in the hospitality, manufacturing, NBFCs, IT & ITES, media, power, logistics, construction, real estate, warehousing sectors, pharmaceuticals etc., across geographies covering countries like India, Singapore and the UK Over 10 years experience in transaction support, forensic investigation and consulting. Shikha has led teams and managed consulting assignments financial reviews, buy/sell-side due diligence & forensic investigations. She has exposure across array of industries including manufacturing, real estate, media & entertainment, retail, IT/ITES, power & utilities, banking, logistics etc. Has over 9 years of experience of advising large Indian and multinational corporations. She has a vast experience in several service offerings including AML & KYC Remediation, Vendor Due Diligence, Forensics Investigations, Internal Audits, Risk assessment and Standard operating procedures. Meeta has gained diverse experience and knowledge of various industries including banking & financial institutions, wind power, insurance, software, hotels, healthcare, manufacturing and other sectors. Abhishek Bali Vice President Risk & Advisory Services Has over 7 years of experience in Supply Chain - Risk Consulting, Third Party Risk, Anti-Bribery Compliance, Risk Management Programs, Enterprise Risk Management, AML, Social Listening and Due Diligence. Abhishek has managed and carried out projects for clients across industries like Oil & Gas, Manufacturing, Technology, Banking, Automobile, Heavy Engineering, Startups, Cement, Private Equity, Venture Capital & Hospitality. Nitin Gupta Associate Director Risk & Advisory Services Has over 10 years of experience in business & financial due diligence and risk consulting. Nitin has managed and carried out business & financial due diligence reviews for strategic investors and PE funds across various sectors including manufacturing, real estate, media & entertainment, FMCG, logistics and education. Jeetu Bairathi Associate Director Risk & Advisory Services Gaurav Khurana Associate Director Risk & Advisory Services Over 9 years of experience principally in the provision of transaction support and risk advisory services. Jeetu has conducted numerous buy side and sell side due diligence review projects for both strategic investors and private equity funds. He has executed and managed projects in the retail, pharmaceuticals, manufacturing, IT & ITES, media & entertainment, hospitality, power, logistics, construction, real estate & warehousing sectors. Has over 9 years of experience in transaction advisory, investment banking and consulting. Gaurav has led teams and managed range of consulting assignments including financial reviews, buy/sell-side due diligence, securitization and forensic investigations. He has exposure across array of industries including aviation, banking, real estate, automobile, media & entertainment, banking, consulting, FMCG, power, etc. The Team
• 23.
  BMR Advisors Page 23 AboutBMR Our Services Our Clients Risk & Advisory Services Anti-Money Laundering Anti-Bribery Compliance Forensic Investigation Supply Chain BMR Value Proposition BMR Leadership The Team Strategic Partnerships Analytics for Risk Securitization Services Process Offerings Snapshot | Our Work Database & Data Services Due Diligence Contacts 2015. © BMR Advisors 2015. All information contained in this presentation is the IP of BMR Advisors. This presentation is meant only for the recipient. No part of this document may be reproduced / shared / divulged or referred to in part or in full without the prior written consent of BMR Advisors. The ideas / views presented in this document are those of BMR Advisors and may not be replicated or used without the written consent of BMR Advisors. Sanjay Mehta Partner +91 981 003 7000 [email protected] Sarabjeet Singh Partner +91 991 034 5454 [email protected] Abhishek Bali Vice President +91 783 838 3549 [email protected]