Venator Risk Management
Venator Risk Management Limited (“VRM”) helps businesses grow and expand into the more challenging markets of the world by helping to mitigate and control the risks associated with such markets.
VRM provide Due Diligence, Collateral Management and Stock Monitoring together with Supply Chain Verification and Traceability.
Established in the City of London, VRM help their clients expand in markets that otherwise might be considered too difficult because of the attendant risks. We mitigate and control the risks associated with doing business in the more difficult parts of the world.
VRM provides leading, independent and specialist risk management and assessment services in order to help clients expand both locally and globally.
We are able to offer long standing knowledge, specialist expertise and a global network that enables us to be your eyes and ears in the riskier parts of the world.
VRM embraces technology to assist mitigating risk, reduce human manipulation & mistakes, and ensure fast and reliable communications for quality control and risk reduction.
Our Philosophy
We do not just work for our clients, we work with them. We regard our clients as partners in the projects that we assist them with, using our knowledge and technology to help develop good strategies with robust and well thought out implementation plans.
In the more difficult markets no matter how impressive the strategy unless the implementation is properly thought through the chances are that the strategy will fail. Our vast experience and solid “boots on the ground” approach to these markets greatly increases the likelihood of your plans succeeding. We regard ourselves as your partners and are as motivated to succeed as you are.
Managing known unknowns and other risks
Frontier Market Risk
Globalisation offers vast opportunities for expansion into new growth markets which previously have not been practical business propositions. Increases in production, trade and development have encouraged corporate expansion into the growing markets of Africa, Asia and the Commonwealth: these markets often present challenging operational issues.
VRM directors and management have the experience to support businesses planning to grow and expand in riskier markets and are able to control and mitigate the associated risks.
Effective assessment, evaluation and verification of opportunities and operations in challenging markets are essential for successful transactions and VRM are here to help you with your needs.
VRM has partners and relationships globally. We are able to work almost anywhere in the World. However, our key focus is on African and Asian Jurisdictions and Commonwealth countries.
Frontier Markets – Our Risk Management Services
We are not just your eyes and ears on the ground, we are the means by which you exercise complete control over your transaction.
What We Do
We manage & mitigate the physical performance risks inherent in all emerging markets for any transactions involving movement of, or investment in, goods & equipment.
VRM provides independent and fully transparent investigative, reporting, and control services to ensure the sustainable supply chains and product traceability necessary to achieve the delivery of goods to their intended destination.
We visit, interview, observe, verify and report our findings and recommendations. We are not an inspection service, certification agency or logistics company. However, we will identify and find the right one for you. We will also supervise the whole process, from pre-transaction due diligence through to continuously monitoring logistic chains, assayers, warehouse keepers, front line management, transport and stock.
How We Do It
Pre-Transaction.
We investigate all aspects of prospective transactions in riskier jurisdictions to provide scoping studies.
We operate in compliance with recognised international standards and best practices to provide a bespoke due diligence package for your needs.
Examples include:
- Integrity of processing plant equipment and silos;
- Logistics capacity (e.g. are there sufficient trucks?);
- Work force standards;
- Management skills and judged reliability;
- H &S issues that may cause reputational damage;
- Verification of customers, (are there existing business relationships?).
The Transaction
Once you have decided to go ahead with the transaction we manage and control all collateralised goods supporting your finance facility(s) from initiation & execution of the transaction to the point of sale and secure change of ownership.
We execute pre-transactional physical due diligence i.e. we inspect ports, roads, warehouses, etc., to ensure that they are fit for purpose.
We have teams on the ground supervised (and as necessary, trained) by our executives who have substantial experience of working in difficult environments.
We manage your physical collateral i.e. we will control movement of your goods to ensure their physical maintenance and security. Including but not limited to:
- opening stock count;
- stock movement/monitoring;
- manage acceptance and release of goods; control of receipts and despatches;
- ensuring quality and quantity is in line with contracted agreements;
- closing stock;
- verification of invoices;
- collection account management.
We work in countries where we have the necessary experience and networks to deliver first-class service.
If necessary to protect your trade finance, we report formally to your bankers and other financiers.
Verification of Aid Effectiveness.
VRM are able to provide governments and NGOs with accurate & independent audits of aid expenditure. Audits are performed at the intended delivery point of the aid.
We are not a review for government financial records, but we are an accurate reporting organisation for how funding is spent at the end of the distribution chain.
Our auditors will observe and report, not comment or correct (e.g. how many water pumps arrived, did they work, how many villages now have potable water).
We are able to design unique and cost effective audits to ensure that aid reaches the intended recipients.
Sustainable and ethical supply chain monitoring & management.
With growing demands for greater transparency, there are growing voluntary and regulatory obligations for social compliance in supply chain management and traceability, with particular focus on monitoring and managing supply chain sustainability and conflict risks. Responding effectively to these concerns is a challenge for many companies. VRM are here to ensure ethical and sustainable practices that are verifiable and reliable.
We will engage with suppliers to provide independent and transparent reporting and product traceability verification, together with social and ecological exposures.
We monitor systems for operational and logistics plans in line with existing codes and standards.
Robust Operational Procedures Complimented by Smart Technology
VRM embraces technology to assist the mitigation of risk, decrease human manipulation & mistakes, and ensure fast and reliable communications for quality control and risk reduction.
New disruptive technologies have the potential for significant savings (e.g. reduced labour costs, reduced manual and semi- automated processes, reduced capital costs through faster settlements and reduced technology costs through reducing the dependency on multiple systems).
VRM are ready to integrate with such technology ecosystems that provide efficiencies through the transaction life cycle and we ensure that the security of the transaction is not compromised.
Our collateral management and supply chain monitoring services are designed to integrate with established and emerging technologies including IOT, ERP, ML, DLT, SCM, and Data Analytics, together with other automated smart technologies of now and the future.
Industry Focus
We are product agnostic and can work with almost any products, from oil and gas to metals, but our foremost focus is on Agri-Products, Biomass, Biofuel and Agricultural and Factory Processing Equipment:
