Promethion Limited
20 St. Dunstan's Hill
London EC3R 8HL
+44 20 3795 2330
Our Commercial Expertise
We have first-hand experience of all key strategic management issues based on senior roles in multinational firms and start-ups:
- Maximizing revenue and maintaining margins
- Our executives have built and managed profitable businesses in highly competitive markets (banking, fund management, Fintech and professional services) - Cost control
- Created marketing joint ventures with other entities to leverage expertise and reduce fixed costs
- Outsourced HR, legal, IT, Risk, Compliance and Operations to service providers in Ireland, UK and Luxembourg to create cost efficiencies - Business transformation and change management
- We have successfully executed ambitious business plans with German, Japanese and Scandinavian firms and introduced new business models to previously conservative cultures - Optimising staff performance
- Negotiated complex partnership and shareholder agreements, employment contracts, consultancy agreements and performance compensation arrangements, including share options and ratchets - Major project implementation
- We have implemented securitization programmes for major banks/Fintech companies and adapted their systems to facilitate asset selection and investor reporting
- We established IT infrastructure for a fund manager, including hardware and software development, data services, corporate email, website, telephony, database, disaster recovery and links to the risk management system
- Harnessed digital technology to modernise businesses and created a best-in-class offering for clients (online and mobile banking, prepaid debit cards) - Marketing & business development
- Created insurance packages for affinity groups with a leading UK insurance broker
- Distributed a wide range of financial products to issuers and investors through the major global money centres - Risk management
- We have wide experience in scoping projects with complex quantitative components and advised clients on the design and implementation of sophisticated risk management platforms to capture and measure exposure - Business processes
- We have helped companies develop and upgrade their internal credit, risk, monitoring and operational processes by writing lending and procedures manuals and automating processes by working with internal and external IT teams - Regulation
- Set-up and managed regulated entities in the UK, Ireland and Luxembourg - Restructuring
- We have restructured impaired fund portfolios
- Conducted distressed real estate asset sales and dealt with administrators in Ireland and France - Commercial disputes
- Negotiated and successfully resolved commercial legal disputes
Who we are
Promethion Limited is a management consultancy and advisory business established in 2001. Since then we have completed major projects for SMEs, large corporates, government departments financial institutions and insurance companies. We are specialists in change management and growth.
We have established retail and institutional banks, an asset manager, offshore hedge funds, proprietary trading desks and a finance house with joint venture partners.
Our directors and senior consultants each have in excess of 25 years in business and have unique experience in building start-ups in financial services.
They have been business heads in multinationals and held senior interim management positions.
Industry Expertise
Promethion has expertise in the following industries:
- Investment banking
- Retail & private banking
- Asset management
- Hedge funds & alternatives
- Mutual societies & ethical lending
- Information technology
- Fintech
- Insurance
- Residential & commercial real estate (including social housing & hotels)
- Middle market and SME corporate lending
- Leasing & asset finance
- Education and training
- Logistics
- Renewable Energy
Ongoing Board Positions & Joint Venture Partners
We sit on various Boards and provide advice to a range of entities:
- Zoë Shaw is a non-executive director of the Newbury Building Society and member of the Investment Committee of Fitzwilliam College, Cambridge.
- Mark Fisher advises a family office on their asset allocation strategy. Previously he held senior interim roles in financial services and was a director of the Logistics Guild which provides training and other services for persons operating in the logistics industry.
Promethion also invests in and promotes ventures:
- Promethion is an active investor in a range of start-up companies in areas where we perceive exceptional growth opportunities: fintech, electronic engineering, specialist recycling, computer chip technology, internet of things.
- We collaborate with other professionals in order to scale projects and enhance our industry knowledge.
- Promethion has a joint venture with Grenville Fox (Holdings) Limited to provide capital raising and advisory services to high growth companies and disruptive technologies that are transforming the insurance space. This arrangement combines both firms’ distribution skills with insurance industry expertise to create innovative capital solutions for clients.
Our Services
We focus on three areas:
- Financial Strategy
- Credit, Risk and Process Efficiency
- Fintech and Emerging Technologies
- We partner with external firms with specialized expertise if greater scale is required
Our deep market expertise and range of skills allows us to identify and work with best-in-class providers. We offer different service levels to suit the client’s needs:
- Project work
- Interim management
- Board positions and advisory retainers
Our Competitive “Edge”
- Strong track record across a very wide range of complex projects with multinational and SME clients.
- We have established businesses and taken them to maturity and consequently have the managerial skill to orchestrate a comprehensive enterprise risk analysis or give strategy guidance.
- Most large professional firms try to “land and expand” whereas we offer a very focused, cost effective product.
- Many competitors have a high ratio of junior to senior staff whereas our professionals are all highly experienced in their fields.
- Ability to identify and provide the best market solutions at the finest prices through our extensive market network.
Our Client Base
- We are financial institution experts
- We have completed projects in each of the following categories:
- Funds, banks, insurance, finance houses, mutual societies
- Real Estate and social housing
- Fintech platforms
- We have additional sector expertise in education and training, data services, logistics, renewable energy and professional services.
- We serve the public and private sector.