Phoenicia Consulting bridges academic rigour and practical governance. We build the quantitative risk models and advisory frameworks that development finance institutions, public bodies, and regulated lenders need — and that generic commercial software does not provide.
The name draws on the Phoenician tradition of connecting civilisations through trade, knowledge, and exchange. Today we connect quantitative methodology with practical risk governance, helping institutions make better capital-allocation decisions.
Our work sits at the intersection of three things that rarely meet in one place: published research, hands-on model building, and board-level regulatory experience. That combination lets us deliver analytics that stand up to a validator, a regulator, and an investment committee alike.
The practice's collective experience spans the full lifecycle of risk measurement, capital assessment, and governance — across the public and private sectors.
ICAAP/ILAAP, Pillar 2A, economic capital modelling (CreditRisk+, Monte Carlo, copula approaches), capital allocation, RAROC, and reverse stress testing.
PD/LGD/EAD estimation, IRB implementation, IFRS 9 ECL design, rating-system architecture, migration analysis, and concentration measurement.
PRA SS5/25 integration, NGFS scenario design, transition and physical risk quantification, and nature-related (TNFD) risk on the horizon.
VaR, IRRBB (EVE/NII), behavioural modelling, funds transfer pricing, liquidity stress testing (LCR/NSFR), and ALM governance.
Validation frameworks aligned to supervisory expectations, model inventory and tiering, data governance, and board-ready documentation.
Synthetic data generation, simulation engines, statistical validation, and the research foundations published in peer-reviewed journals.
Experience is drawn from work across public finance, development and export finance, regulatory research, and institutional investment — applied to the institutions that need it most.
DFIs, multilateral and national development banks, export credit agencies, and public financial institutions managing loans, guarantees, and contingent liabilities.
Challenger banks, building societies, and specialist lenders needing proportionate, regulator-ready capital, climate, and credit frameworks.
Private credit and institutional investors requiring defensible valuation, risk monitoring, and model validation.
Every model rests on transparent assumptions, documented methodology, and results that can be reproduced and challenged.
Sophistication is matched to the institution. We do not over-engineer; we build what the decision and the regulator actually require.
Outputs are designed to be used — by risk teams, validators, and boards — not to sit in an appendix.
Advice is given on its merits. We are candid about limitations, uncertainty, and where judgement, not the model, should lead.
Phoenicia Consulting is structured to scale — bringing additional partners, specialists, and research collaborators on board as our toolkits and advisory practice expand. We welcome conversations with prospective partners and institutions who share our standard of rigour.