About the Company

At a Glance

  • Manticore Projects is an established IFRS and Risk Management consulting company with clients in various regions of the world.
  • Manticore Projects comprises a team of expert consultants in the field of Risk Management, Financial Accounting and Quantitative Modeling.
  • Manticore’s VBox software suite fully supports IFRS financial modeling, accounting and reporting for today (IAS 32/39) and in the future (IFRS 9 and beyond).
  • VBox is a high performance, platform independent and open technology based on Java:
    • Easily and quickly to integrate with all the world’s leading core banking and data ware house systems,
    • Featuring automatic End-to-End processing in less than 4 hours on minimal hardware, ensuring lowest hardware cost and TCO,
    • Available as Site Dedicated Client System or under a Centralized Service Model (SaaS/PaaS).
  • Based on its proven templates and blueprints manticore-projects can implement IFRS or Credit Risk Reporting in less than 4 months, yielding into major savings of cost and effort for its clients.
  • Manticore always delivers successfully within agreed time and budget and is committed to go the extra-mile for fullest customer satisfaction – our clients testify.

Trusting your Financial Reporting to VBox

Experience and Know-How

Manticore-projects is a team of veteran bankers, who worked for many years in European Whole Sale Banks in Loan Administration, Treasury and Risk Controlling. We understand the banking business, its culture and the ever increasing and evolving compliance challenges of presenting timely and accurate financial reports to the Regulator, the Board and the Investors. While manticore provides software solutions to support compliance, manticore also provides consultancy to help clients achieve more efficient and robust business processes.

Manticore’s team of experts have all implemented large IFRS and/or Risk projects with banks , before bringing this experience to manticore-projects. We know the dynamics and and challenges of software projects and proactively control and mitigate such risk on behalf of our customers.

We are the experts who implement Financial and Regulatory Reporting on a daily basis. It is our duty to identify any gaps or issues before they become a problem and to provide a solution from our sterling toolbox. We advise our clients on best practice and provide them with solution templates with best market practice gleaned from many financial institutions all over the world.

Product Philosophy

Our products are developed under two simple premises:

  1. Software needs to follow and support the Bank's business process and products.
  2. Software shall save the Bank time and effort and reduce Operational Risk.

Manticore's software is completely platform independent and integrates well into the existing System Architecture, as it does not depend on any Third Party Components. Furthermore it runs automatic End-to-End and Overnight in the background and does not require interaction or attention.

The VBox solution provides robust fail-over and roll-back capabilities and strong security mechanisms. All our modules are audited and manticore provides the source code for review and “in-house” development.

At manticore everybody works with our own software on a daily basis and feeds back any sub-optimal experience directly into the development cycle. Continuous refactoring and evolution ensures the longest possible software life cycle to protect our client’s investment.

Track Record of Success

The list of IFRS business challenges we address in financial institutions daily includes but is not limited to a litany of legacy software, undocumented data sources, unstable networks and changing interpretations.

In the past manticore successfully has rescued a number of clients from failed implementations of other systems and so has achieved the enviable reputation in some markets as the “Go To” vendor to help banks get out of difficult and failing IFRS and Risk Reporting related projects.

Today our clients are large Wholesale Banks with more than 4 millions of customer accounts and an annual growth of more than 10 percent. We are very proud that each of our clients are willing and able to provide us with excellent references.

Structure of the Company

Manticore is an international company with offices in Singapore, Thailand and Nigeria. Our consultants call the world their home and have implemented software at many places with different cultures and conventions.

Founded in 2011, the company is 100% owned by its founders, free of foreign investment and not financially leveraged. Manticore Projects is profitable since day one and our financial ability to look for the long-term Best Solution instead for the short term cash flow is a major factor in our success. Manticore's shareholders are strongly committed to develop and grow the company into the world's leading independent solution provider for Financial Reporting.

Backed by our Local Integration Partners, we operate a lean hierarchy with direct communication and efficient procedures. Our customers benefit from attractive pricing without large overheads or spending on sales, marketing or operating administration.