Ten practices across Saudi Arabia, the UAE, Pakistan and Europe. Actuarial valuation, IFRS reporting, internal audit, ESG, finance operations and the software that runs them.
Most clients pick a delivery model before they pick a service. Every Prima Consulting practice below is available in at least one of these three shapes.
A defined piece of work with a deliverable and a signature at the end. Valuations, model builds, IFRS implementations, audits and reviews. You get a scope, a fee and a date before anyone starts, and the person who signs the report is the person who did the work.
See consultancy services → Managed servicesA retainer covering a whole function rather than a single task. Fractional CFO and controller cover, outsourced internal audit, payroll, application support and digital operations. Useful when the work never ends and hiring for it does not stack up.
See managed services → SoftwareBuilt in house by our own digital transformation team, released through IFRS Tech. Rust and ARK 9 for IFRS 9, Delta for IFRS 17, Aegis for reserving, ROU 360 for leases and a suite for IAS 19. Nothing is outsourced, and the specifications come from the actuaries and accountants running engagements.
See the software →Each Prima Consulting practice runs its own team, and most engagements draw on more than one. An IFRS 17 transition pulls in actuarial and IFRS advisory. An outsourced finance function pulls in reporting and internal audit. Pick the practice closest to your problem and the rest gets brought in as needed.
Qualified actuaries value end of service benefits, price insurance products and sign the reserving reports your regulator asks for. Most engagements start with a reporting deadline and incomplete employee data. We tell you which fields move the number, so you clean what matters instead of everything.
Consultancy servicesImplementation, advisory and disclosure across IFRS 2, 3, 9, 13, 15, 16, 17 and 18, plus IAS 19 and IAS 36. Finance teams call us at one of two moments: a standard changes, or an auditor challenges a treatment. Both need a documented position that survives review, which is what we write.
Consultancy servicesInternal audit consulting and outsourcing, governance risk and compliance, entity risk profiling and controls assurance under SOx 404, COSO and ICFR. Your board wants assurance and your regulator wants evidence. We build one framework that produces both, rather than two that duplicate each other.
Consultancy services · Managed servicesESG reporting and disclosure aligned to Tadawul guidance and SAMA supervisory expectations, alongside due diligence, sustainability strategy and climate risk modeling. Disclosure has moved from voluntary to mandatory for listed entities across the GCC. If you are reporting for the first time, the hard part is the data nobody has been collecting.
ESG servicesExpected credit loss models for banks and corporates, hedging strategy, derivative valuation and machine learning pricing. Your ECL number rests on staging logic, PD and LGD estimation and a forward-looking overlay that an auditor will test line by line. We build models that show their working.
Consultancy servicesFractional CFO and controller cover, financial planning and analysis, budgeting and forecasting, payroll and audit support, run as an ongoing function rather than a project. Companies reach us when the finance team has outgrown a bookkeeper but cannot yet justify a full-time CFO. You get the seniority without the permanent hire.
Managed servicesFeasibility studies, business and financial modeling, SOP review and assessment, business process management and virtual CxO cover. A model built by someone who has defended one to a board is built to survive challenge. Assumptions get documented, sensitivities get tested, and the output ties back to your financial statements.
Consultancy servicesFamily charter and council development, shareholder agreements, board and committee structure, and portfolio evaluation for family-held groups. The technical drafting is the straightforward part. Agreeing it across two or three generations is the work, We chair that conversation first and write down what gets agreed.
Consultancy servicesApplication maintenance and support, cloud optimization, SDLC automation and digital operations, run as a managed service. Most teams call us when the person who built the system leaves. We take on the running cost so your developers build instead of firefighting.
Managed servicesWebsite development, UI and UX design, SEO strategy, content marketing and digital strategy for finance and professional services firms. We write regulated content, so accuracy matters as much as visibility. Technical review sits inside the process rather than bolted on at the end.
Managed servicesNot sure which practice you need? Describe the problem and we will point you at the right team, even if it is not one of ours.
Book a 30-minute scoping callEvery Prima Consulting service in one list. Filter by practice, or use your browser find to jump straight to a term. Each entry links to the page for that service, with the scope, the deliverable and the team that runs it.
Prima Consulting engagements are led and signed by qualified practitioners. The spread of qualifications across the team is what lets one firm cover ten practices without outsourcing any of it.
Actuarial work is signed by qualified actuaries. Reporting and assurance work is led by chartered accountants and CPAs. Valuation and modeling sits with CFA charterholders. Software is built in house by our digital transformation team, to specifications written by the same practitioners who run the engagements.
That spread is the reason ten practices sit under one roof without any of it being subcontracted. An IFRS 17 transition needs an actuary and a financial reporting specialist in the same room. An ECL model needs a credit risk modeler who can also defend the accounting treatment. Firms that hold only one of those disciplines hand the other half to somebody else, and the join is where engagements slip.
Most people arrive with a problem rather than a service name. These are the routes we see most often.
Prima Consulting works across ten practices: actuarial, IFRS advisory and financial reporting, internal audit and governance, ESG, risk and ECL modeling, finance operations, management consulting, family office governance, digital optimization and digital presence. Each is available as a consulting engagement, a managed service, or software.
Risk and financial advisory covers the identification, measurement and reporting of financial risk. It is one of the core Prima Consulting services. In practice that means expected credit loss modeling, derivative and hedging valuation, IFRS reporting for financial instruments, and the governance framework around them.
IFRS 17 work needs qualified actuaries rather than accounting generalists. Prima Consulting runs transition, measurement and reserving engagements, signs the actuarial report, and provides Delta and Aegis for insurers who want to run the calculation in house.
Yes. Prima Consulting provides audit support as a managed service and as a one-off engagement, covering working papers, assumption documentation and direct responses to auditor queries.
Prima Consulting's family office governance practice does. The work covers family charter development, family and shareholder council terms of reference, generational working groups and shareholding agreements.
The usual trigger is a finance function that has outgrown a bookkeeper but cannot yet justify a full-time CFO. If board reporting, forecasting or audit readiness are slipping, a fractional CFO covers the gap without the permanent hire.
A model built by someone who has presented to a board is built to survive challenge. Assumptions are documented, sensitivities are testable, and the output ties to the financial statements rather than sitting beside them.
ESG consulting covers reporting and disclosure, due diligence, sustainability strategy and climate risk. In the GCC the driver is regulatory: Tadawul disclosure guidance for listed entities and SAMA supervisory expectations for financial institutions.
Yes. The Al Khobar office covers Saudi Arabia and the Dubai office covers the UAE, both for IAS 19 valuation, insurance reserving and appointed actuary work.
Look at who signs the output, whether the provider can defend it to your auditor, and whether the scope can flex without renegotiating the contract. Ask to see the deliverable format before you sign.
Both. Consulting engagements are scoped and delivered against a defined output. Managed services run as an ongoing retainer covering a whole function.
Digital strategy consulting sets what a business builds, in what order, and what it costs. The output is a sequenced roadmap tied to the budget and the people on your payroll, rather than a slide deck describing best practice.
Actuaries apply statistics to financial risk. In practice that means valuing employee benefit obligations, setting insurance reserves, pricing products and signing the reports a regulator or auditor requires.
A virtual CxO gives you senior leadership on a defined commitment rather than a full-time salary. Companies use it to cover a gap, prepare for a transaction, or add a discipline the board wants before it commits to a permanent hire.
Yes. Prima Consulting runs internal audit as a fully outsourced function or co-sources alongside your existing team, covering the annual plan, fieldwork and reporting to the audit committee.
Quantifying enterprise and cyber risk needs modeling skill rather than a checklist. Prima Consulting builds risk registers with numbers attached, so the board can rank exposures against each other instead of by colour.
Yes. Governance, risk and compliance work runs from the Dubai office across the UAE, covering framework design, entity risk profiling and controls testing.
Insurance analytics turns policy, claims and reserving data into pricing and capital decisions. It sits between the actuarial team and the underwriters, and it is where most insurers find their fastest margin gains.
Scope depends on the service, the number of entities, data condition and reporting deadline. We quote after a short scoping call, once we have seen what the data looks like.
