Utrecht, The Netherlands – January 11, 2024 – Zanders, a leading name in financial performance consulting, announces today the acquisition of the Dutch boutique software consultancy, Optimum Prime. This is a significant milestone in the journey toward enhancing its quantitative risk advisory capabilities and expands the service portfolio of Zanders to accelerate the financial risk models of financial institutions with high performance computing (HPC), machine learning (ML) and artificial intelligence (AI).
The integration of the Optimum Prime team is strengthening the capabilities of the Risk Advisory Group at Zanders, signifying a move poised to deliver significant value to Zanders and its clients. Integrating the experience team of Optimum Prime will introduce new dimensions to Zanders' services, creating a powerful constructive collaboration that benefits its global clients and the financial industry.
"As we embark on this transformative journey with the integration of Optimum Prime, we are excited about the wealth of expertise and innovative solutions this acquisition brings to Zanders. This is a pivotal moment in our commitment to delivering the unparalleled value of high-performance computing, risk management, and artificial intelligence to our clients. The complementary skills, technological advancements, and expanded reach position us as a stronger force in the financial consulting landscape. We look forward to leveraging this synergistic transaction to drive excellence, foster innovation, and exceed the expectations of our clients in the ever-evolving financial industry"
Laurens Tijdhof, CEO and Managing Partner, at Zanders.
Zanders gains a team with a proven track record in engineering and performance within the trading domain using Graphics Processing Units (GPUs). The collaboration is set to enhance the company’s market proposition, making it attractive not only to banks but also to other leading trading companies.
The acquisition strengthens Zanders' strategic initiatives in banks’ risk management domain, leveraging the extended reach of their channel partners and their vendor risk management system implementation expertise to address performance challenges.
“Joining forces with Zanders allows us to combine our specialized expertise in high-performance computing, risk management, and artificial intelligence with the esteemed reputation and global reach of Zanders. Together, we look forward to setting new industry benchmarks, pushing the boundaries of innovation, and delivering unmatched value to our clients. This collaboration signifies a powerful union of talent and capabilities, and we are excited about the positive impact it will have on the financial consulting landscape"
Pascal de Wit, co-founder of Optimum Prime.
As Zanders welcomes the talented team from Optimum Prime, this strategic transaction marks a new chapter in our commitment to providing innovative solutions to our clients. The combined expertise of both teams, positions Zanders as a formidable force in the financial consulting landscape.
Optimum Prime is a Dutch fintech company with years of experience in crafting innovative quantitative software solutions to global financial institutions, asset managers, insurers, and pension funds. The company specializes in developing bespoke quantitative models, high performance computing solutions, artificial intelligence, and machine learning algorithms. The company is a global solution partner for NVIDIA & AWS in the financial services industry, delivering optimal performance for trading books and bank risk management software.
Zanders is a global independent treasury and risk consulting firm with 30 years of experience in providing innovative solutions to multinational corporations, financial institutions, public sector entities and NGOs (Non-Governmental Organizations). The company specializes in treasury strategy and organization, technology selection and implementation, financial and non-financial risk management, risk modelling, validations, and regulatory compliance, and has developed its own suite of innovative SaaS (Software as a Service) solutions on its Zanders Inside platform. The company has grown strongly to become a leading global consulting firm with about 375 employees across ten offices in Europe, Middle East, US, and Asia.
Zanders is committed to ESG (Environmental, Social and Governance) principles and practices and supports its clients in achieving their ESG goals. The company believes that diversity, equity, and inclusion (DE&I (Diversity, Equity, and Inclusion)) are essential to building a strong, sustainable business and is committed to fostering a culture that values and respects diversity in all forms.
For media inquiries, please contact:
Marianne Myburgh
Chief Marketing Officer
Zanders Group
m.myburgh@zandersgroup.com
This paper offers a straightforward analysis of the Basel Committee on Banking Supervision's standards on crypto asset exposures and their adoption by 2025. It critically assesses
Find out more
In recent years, consumers’ and investors’ interest in sustainability has been growing. Since 2015, assets under management in ESG funds have nearly tripled, the outstanding value of
Find out more
In this report, biodiversity loss ranks as the fourth most pressing concern after climate change adaptation, mitigation failure, and natural disasters. For financial institutions (FIs), it
Find out more
Carbon offset processes are currently dominated by private actors providing legitimacy for the market. The two largest of these, Verra and Gold Standard, provide auditing services, carbon
Find out more
Early October, the Basel Committee on Banking Supervision (BCBS) published a report[1] on the 2023 banking turmoil that involved the failure of several US banks as well as Credit Suisse. The
Find out more
The SAP Business Technology Platform (BTP) is not just a standalone product or a conventional module within SAP's suite of ERP systems; rather, it serves as a strategic platform from SAP,
Find out more
Yet, the ongoing dilemma lies in achieving optimal returns on these investments. In this intricate financial landscape, the importance of delivering robust financial performance not only at
Find out more
Treasurers dealing with multiple jurisdictions, scattered banking landscape, and local requirements face many challenges in this regard. Japan is one of the markets where bank connectivity
Find out more
Seventy banks have been considered, which is an increase of twenty banks compared to the previous exercise. The portfolios of the participating banks contain around three quarters of all EU
Find out more
The CSP helps reinforce the controls protecting participants from cyberattack and ensures their effectivity and that they adhere to the current Swift security requirements. *Swift does not
Find out more
As a result of the growing importance of this transformative technology and its applications, various regulatory initiatives and frameworks have emerged, such as Markets in Crypto-Assets
Find out more
Over the past decades, banks significantly increased their efforts to implement adequate frameworks for managing interest rate risk in the banking book (IRRBB). These efforts typically focus
Find out more
Resilience amid uncertainty In a landscape fraught with uncertainty, marked by seismic geopolitical shifts, fragile supply chains, inflationary pressures,
Find out more
By 2025, 80% of the domestic high value clearing (RTGS) volumes will be ISO 20022—based with all reserve currencies either live or having declared a live date,
Find out more
Financial Transaction Transfer Pricing has been subject to intense scrutiny in recent years. The publication of Chapter X by the OECD in 2020, which provided additional guidance on
Find out more
In the second instalment of the Zanders series on the DRM model, the Risk Management Strategy (“RMS”) and the DRM process are introduced and with it the new concepts that the IASB have
Find out more
In January 2022, the OECD incorporated Chapter X to the latest edition of their Transfer Pricing Guidelines, a pivotal step in regulating financial transactions globally. This addition
Find out more
In the first half of 2024, European treasurers are confronted with a new item on their agenda: the updated EMIR Refit. The new EMIR reporting rules will be implemented in the EU on the
Find out more
Our technology partnerships are core, foundational elements of our risk and treasury transformations at Zanders. For us to guide our clients through their digitalization journeys and keep
Find out more
In large organizations, the tendency is to select large scale ERP systems to support as much of the organization's business processes within this system. This is a goal that is driven
Find out more
The current standards for hedge accounting present significant challenges for financial institutions engaged in dynamically hedging their portfolios. The corresponding type of hedging
Find out more
Economic instability, a pandemic, geopolitical turbulence, rising urgency to get to net zero – a continuousstream of demands and disruption have pushed businesses to their limits in recent
Find out more
In today’s dynamic economic landscape, characterized by economic instability, a global pandemic, and geopolitical turbulence, businesses are under immense
Find out more
The European Committee (EC) has approved the regulatory technical standards (RTS) that include the specification of the Net Interest Income (NII) Supervisory Outlier Test (SOT). The
Find out more
The European Banking Authority (EBA) published its roadmap on the Banking Package, which implements the final Basel III reforms in the European Union. This roadmap develops over four phases,
Find out more
Mid 2023, Bolt successfully implemented its new full-fledged treasury management system (TMS). With assistance of Zanders consultants, the mobility company implemented Kyriba – a necessity
Find out more
