Lahore, June 07, 2018 (PPI-OT): The Entity Rating of Optimus Capital Management (Private) Limited emanates from its emerging position in the brokerage industry. The rating assigned reflects the well-adopted approach to manage risks. The company as a policy prohibits proprietary trade exposure in the market. The investment related risks at clients’ end are managed properly through the risk management policy. The organizational structure is defined with most of the departmental heads reporting to the CEO. Experienced top management, adequate risk management systems and compliance procedures are the key traits of the company.
The board of the company comprises two executive directors. The company has adopted a dynamic approach to expand its clientele and increase its market share. The brokerage revenue stream and volumes are building up gradually. Moreover, the company has a debt-free capital structure which reduces the financial risk. The equity base has been growing due to accumulation of profits which provides cushion against losses. The company also provides corporate finance and financial advisory services. The research department provides various market reports to clients. Furthermore, value added services including mobile app is available.
The rating is dependent on the company’s ability to strengthen its emerging position in the industry. Retention of the key personnel and sustainability of profits is utmost. It further requires improvement in the governance framework, upholding strong internal controls and diligent monitoring of risks.
For more information, contact:
Analyst
The Pakistan Credit Rating Agency Limited (PACRA)
Awami Complex, FB1, Usman Block New Garden Town,
Lahore – Pakistan
Tel: +9242 586 9504 -6
Fax: +9242 583 0425
Email: hammad.rashid@pacra.com
Web: www.pacra.com