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Industry news

Adapa Advisory launches in the UK and South Africa


22 January 2020 London
Reporter: Maddie Saghir

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Image: Shutterstock
Adapa Advisory has launched in the UK and South Africa to provide ‘strategic insights and pragmatic advice’ for financial institutions.

Adapa Advisory is set to help financial institutions enhance their business performance in the post-trade and securities services arena.

The firm will work with clients on strategic advisory and executive resourcing and search.

It was explained that in terms of strategic advisory, Adapa Advisory will help clients to tackle demands such as the constant change through market development, technology advancement, flexible working models, regulation and many other factors.

It will specifically focus on banks, asset managers, pension funds and market infrastructure as well as emerging and developed technology companies that are engaged or planning to engage in the post-trade and securities services sector.

The firm said it also aims to develop long-term relationships with clients and remain
engaged to ensure the success of outcomes over time either on an advisory or non-executive basis as required.

Meanwhile, looking at the executive resourcing and search area, Adapa Advisory highlighted that given the demands of the market, innovation, changing business models and new approaches to resourcing the demand for talent is ‘exceptional’.

In Africa, Adapa Advisory said that executive search services will be provided by leveraging relationships both within the continent and internationally.

Mark Kerns, CEO, commented: “The impact of industry change, financial pressure, new working practices and lifestyle considerations has resulted in a variety of adjustments to operating models.”

“This has led to large numbers of experienced post-trade and securities services resources either leaving the industry or wanting to contribute in a more dynamic, flexible manner.”

Kerns added: “The business model is designed to fulfil the client need for focused, timely, action-orientated deliverables from individuals with deep subject matter and leadership expertise whilst also offering team members the opportunity to contribute to the industry in a manner that is in line with contemporary resourcing approaches.”
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