Alexander Forbes: The Synopsis
A BPC Success Story
The Alexander Forbes group is benefiting from a sophisticated information management system that gives real-time access to detailed, accurate information and flexible reporting. It now has one source of financial data across the entire organisation and the means to provide meaningful analysis.
Headquartered in Sandton, the Alexander Forbes Group is represented in numerous countries with operations throughout Africa, Europe and the United Kingdom. It has five main business divisions providing financial services, risk and insurance services as well as multi-manager investment solutions to individuals, corporate and retirement funds.
The group employs approximately 5000 staff, has an annual turnover in excess of R4.5 billion and trading profit close to R1 billion.
The previously listed Alexander Forbes Limited was acquired by a group of private equity investors led by UK-based Actis in July 2007.
BPC is embedded in the business now, and accepted by all divisions. It gives us the flexibility we need to analyse our numbers
Bruce Bydawell Group Financial Manager Alexander Forbes