Methods

Bose Consulting is a world leader in developing and using specialist methodologies to provide specialist evaluation and advisory services to markets worldwide. Our methods build on best practice, international standards, and academic theories and refined on numerous projects with financial market institutions. Our unique methodologies include the following, which have been used in a variety of major consulting assignments.

Our firm also uses PRINCE2 and PMP methodologies for managing its consulting assignments and Clients’ project implementations. We also adhere to; IEEE, ITIL, ITSEC and ISO standards for IT documentation processes, designs and procedures, and applicable business directives and policies issued by: BIS-IOSCO, CSER, FESE, World Bank, OECD and EU.

SCARFES - Scored Criteria Assessment Ranking For Effective Systems

A detailed methodology specifically for complex vendor and system procurements.

SCARFESTMScored Criteria Assessment Ranking For Exchange Systems.

A detailed methodology specifically for complex vendor and system procurements. Contains specialist business, technical and non-functional template requirements for financial market and telecoms industries as a starting point for a further, detailed customer adaptation. Integrates with a best practice System Requirements Specification (SRS) and Request for Proposal (RFP) structures, and is fully integrated with an evaluation tool to ensure high quality and efficient input, analysis, evaluation and selection of vendor and their proposed system. This includes cost frameworks, “what if” analysis and detailed as well as board level reporting capabilities. Used successfully over 40 systems and vendors evaluations and selections to date.

MARASCA – Market Readiness And System Connectivity & Accreditation

A detailed planning methodology and a dashboard tool.

MARASCATMMarket Readiness And System Connectivity & Accreditation.

This is a detailed planning methodology and a dashboard tool that deals with all aspects of Market Readiness of Central Market Financial Institutions including:  Stock Exchanges, CSDs, CCPs, Regulators and Central Banks and also every market participant, including trading / clearing members. The method also includes the System Connectivity and Accreditation of the trading / clearing participants.

ASPECT - Application Service Provider, Evaluation, Control & Technology

Used to analyse numerous IT and business process outsourcing providers.

ASPECTTM – Application Service Provider, Evaluation, Control & Technology.

A detailed methodology to specify ASP requirements, perform vendor evaluation, selection of technology services and populate Service Level Agreements (SLAs). Contains over 400 specialist template business, technical and risk requirements as a starting point for a market specific customisation. Clients: Used to analyze numerous IT and business process outsourcing providers to date, providing domestic and international services.

ITPOD - Information Technology & Process Outsourcing Development

A detailed methodology to assess and analyse both the users and providers of IT and Business Process Outsourcing in securities and Telecoms markets.

ITPODTMInformation Technology & Process Outsourcing Development.

A detailed methodology to assess and analyze both the users and providers of IT and Business Process Outsourcing (BPO) in securities and Telecoms markets. Contains detailed survey templates for supply and demand, feasibility analysis and a template and a sample best practice outsourcing contract. Compliance with IOSCO principles for Markets and FMIs (Exchanges, CSDs & CCPs) and financial intermediaries (brokers) using or planning to use outsourcing services. Used as a basis to develop the entire IT and Business Process Outsourcing market and Licensing conditions for the Saudi securities market.

FRAMIT– Fee Rate Analysis, Modelling, Implementation & Tools

This methodology deals with all aspects of planning, current assessment, future target, gap analysis, fee modelling and fee rate implementation.

FRAMITTMFee Rate Analysis, Modelling, Implementation & Tools.

This methodology deals with all aspects of planning, current assessment, future target, gap analysis, fee modelling and fee rate implementation (including regulation if needed) for Financial Market Institutions and Telco providers.

PROCAM- Process, Risk, Occurrence, Control & Analysis Model

A detailed methodology: to assess operational risk for post-trade operations.

PROCAMTMProcess, Risk, Occurrence, Control & Analysis Model.

A detailed methodology: to assess operational risk for post-trade operations. Used successfully for a major International Investment Bank assessing multiple counter party risks when entering a new securities market.