Independent advice on financial risk, led by partners.
Florence
- Office
- Florence, Italy
- Meetings
- By appointment, in person or by video call
One photograph for each service; each one opens its numbered steps.
Six services
Each service follows a numbered sequence, led by a partner from the first question to the final decision.
6 services, 38 steps

Credit and Counterparty Risk
Understand borrower, issuer and counterparty exposures through independent assessment and portfolio analysis.
6 steps

Market and Investment Risk
Assess how market movements and portfolio structure could affect investment outcomes.
6 steps

Independent Model Validation
Review whether financial risk models are conceptually sound, correctly implemented and appropriate for their intended use.
7 steps

Stress Testing and Scenario Analysis
Explore how adverse conditions could affect exposures, portfolios and business decisions.
7 steps

Risk Governance and Reporting
Build clearer responsibilities, stronger oversight and reporting that supports action.
6 steps

Climate-Related Financial Risk
Assess how climate-related drivers could translate into credit, investment and business exposures.
6 steps
Clarity for consequential decisions.
Tell us briefly about the question you are working through. A partner reviews every enquiry and replies within two business days.

We help organisations understand their financial risks and make decisions with greater confidence. Our partners combine rigorous analysis with clear recommendations, working closely with clients from the first question to the final decision.
How we work

Partner-led
Clients work directly with the partners responsible for the engagement. We combine technical depth with concise reporting, clearly defined scope and recommendations that reflect the client’s resources and operating environment.
Independent
We do not sell financial products or make our recommendations conditional on purchasing technology. Our role is to provide an independent assessment and help clients understand what to do next.
Who we work with
- Regional and specialist banks
- Asset managers and investment firms
- Insurers seeking independent analytical support
- Fintech companies and specialist lenders
- Mid-sized and large corporates
- Family-owned business groups with complex financial exposures
We work best with organisations that need senior expertise for a defined challenge, an independent perspective or additional specialist capacity.
Florence and Tuscany provide our local foundation. We serve clients throughout Italy, across Europe and selectively in international markets.
Three founding partners
- Elena VannoriFounding Partner and Managing Director, Risk Governance and International AdvisoryMSc in Economics and Finance; postgraduate qualification in Corporate Governance.
- Lorenzo BellandiFounding Partner, Credit Risk and Quantitative AdvisoryMSc in Statistics and Financial Mathematics; FRM certification.
- Matteo RinaldesiFounding Partner, Market Risk and Investment AnalyticsMSc in Quantitative Finance; CFA charterholder.