Who We Are
Sicsic Advisory is a London based boutique consultancy, focusing on financial services risk and regulation.
We assist Boards and Management to deliver sustainable business models through financial, operational, and cultural resilience.
Sicsic Advisory was founded in 2019 by Michael Sicsic, a senior executive in the field of risk and regulation and former head of supervision for the UK general insurance retail sector at the Financial Conduct Authority (FCA).
We make sure you receive the advice you need, tailored to your businesses’ circumstances, specific goals and aspirations.
We believe that our 5Rs approach is critical to the success of our consulting and advisory practice:
- Relationship: Building strong relationships with our clients, partners, associates
- Relevance: Staying relevant to our clients’ needs and the markets we serve
- Resolve: Having the determination to deliver practical solutions
- Resilience: Maintaining resilience through difficult situations
- Resourcefulness: Drawing on our collective experience, knowledge and network to deliver the best advice
We have established a culture based on the power of collaboration and partnership, supported by the following three traits:
Sicsic Advisory is an Associate Member of the Association of British Insurers.
We are a member of the Management Consultancies Association (MCA). We are committed to upholding the Principles of Consulting Excellence which promotes the value of consulting and commits its members to the highest standards of ethical behaviour, client service, and professionalism.
If you would like to know more about our commitment, please click here.
We are combining our market leading insight, industry knowledge, regulatory expertise and commercial awareness.
Our partnership aims to deliver unique insights and recommendations to help businesses understand the competitive landscape and execute great strategies for profit, sustainability – and most importantly for customers.
Consumer intelligence is an insight partner for financial services, inspiring confident decisions that build consumer trust. At Consumer Intelligence, we gather unique data and intelligence through the eyes of the customer to understand the market. Our unique collection of company data helps all the players understand the competitive landscape. We blend this with our consumer research, so we know the why of customer behaviours. Put those two things together and the magic begins.
We are bringing together our collective industry and regulatory experience around risk management, risk modelling and regulatory change – gained across banking and insurance sectors.
We are focusing specifically on operational risk management and climate change financial risk management.
Elseware are specialized in risk modelling and quantification.
Elseware analyse and assess operational risk scenarios using a structured method and a simulation software (MSTAR). This method is used by leading financial institutions for regulatory (CCAR, ICAAP) and non-regulatory applications (KRI, risk management).
This method is now applicable for Climate-related Financial Disclosures (TCFD).
You can find out more about Operational Risk Modeling in Financial Services here.
We are delivering solutions to build outcomes based conduct framework. Governor Software and Sicsic Advisory formed a strategic partnership to revolutionise how UK regulated insurance firms can stay compliant in a constantly evolving regulatory environment.
Governor Software supports senior risk and compliance executives at financial institutions maintain governance and oversight through clear visualisation of their regulatory obligations and risk appetite.
Their team have first-hand experience of the production and oversight of governance information within financial institutions. Empowered with this unique knowledge, Governor have taken a fresh approach to addressing these challenges; using visualisation technology to efficiently tackle the issues associated with governance and oversight.