E-Venture Business Solutions

Supporting you in leading change

Your Vision is Our Mission

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WHY E-VENTURE

Interim management solutions anchored in project management expertise

As an Interim Management company, our commitment to excellence extends to every facet of our services.

Cybersecurity: we specialize in implementing comprehensive cybersecurity strategies, adhering to industry-leading frameworks such as the National Institute of Standards and Technology (NIST) Cybersecurity Framework (CSF) and ISO 27001. Our approach encompasses not only the establishment of robust cyber governance frameworks but also the provision of expertise for technical platform solutions, such as Security Operations Center (SOC) transition projects, Pentesting and Vulnerability Management.

DIgital Payments: in the realm of digitalization, we offer senior expertise in developing bespoke digital payment solutions and seamlessly integrating third-party platforms with core systems. Our tailored approach ensures that clients receive cutting-edge solutions that perfectly align with their business objectives.

Internationalization Programs: moreover, our internationalization programs support enterprises across diverse market sectors in launching operations in Bahrain and the wider GCC area. Whether navigating regulatory landscapes, establishing local partnerships, or optimizing market entry strategies, we provide comprehensive support to ensure the smooth and successful expansion of our Clients' businesses.

At every step, our Interim Management solutions are underpinned by rigorous project management methodologies, guaranteeing detailed planning, execution, and delivery of results in line with Client expectations.

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"With our Interim Managers, you will have the support of fully committed senior executives, acting not as external consultants, but as partners, with the required entrepreneurial mindset to drive you through all the steps of your projects..."

Interim Managers can bring several advantages to various projects and roles, including those in cybersecurity, digital payments implementation and internationalization projects.

Immediate Expertise: Interim Managers are typically seasoned professionals with extensive experience in their respective fields. They can quickly assess the needs of the organization and provide immediate expertise to address cybersecurity concerns, implement digital payment solutions, or manage internationalization projects effectively.

Flexibility: Interim Managers offer flexibility in terms of engagement duration. Whether it's a short-term project or a longer-term assignment, they can adapt to the organization's needs without the long-term commitment associated with hiring a full-time employee.

Objective Perspective: Interim Managers bring an objective viewpoint to the table. They are not entrenched in the internal politics or biases of the organization, allowing them to make unbiased decisions and recommendations based solely on what's best for the project or initiative.

Rapid Deployment: when there's an urgent need to address cybersecurity vulnerabilities, implement digital payment systems, or kickstart internationalization efforts, Interim Managers can be quickly deployed to take charge. Their ability to hit the ground running can expedite the project timeline and mitigate risks.

Cost-effectiveness: hiring an Interim Manager can often be more cost-effective than bringing on a full-time executive or consultant, especially for short-term projects. Organizations can leverage their expertise without the overhead costs associated with long-term employment.

Specialized Skills: Interim Managers often possess specialized skills and knowledge that may not be readily available within the organization. Whether it's expertise in cybersecurity risk management, digital payment technologies, or navigating international markets, they can provide valuable insights and guidance.

Change Management: implementing new cybersecurity measures, digital payment systems, or expanding into international markets often requires effective change management. Interim Managers with experience in leading organizational change can help facilitate smooth transitions and mitigate resistance within the organization.

Knowledge Transfer: while Interim Managers are temporary resources, they can also serve as mentors and educators, transferring their knowledge and skills to internal teams. This knowledge transfer can have long-lasting benefits for the organization, improving its capabilities even after the Interim Manager's tenure ends.

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Synergizing cybersecurity governance and technological services: the two faces of effective cybersecurity strategy implementation

Cybersecurity governance and technological services are intertwined facets crucial for a holistic cybersecurity strategy.

Governance establishes the framework, policies, and procedures governing security efforts, ensuring alignment with organizational objectives and regulatory requirements.

Meanwhile, technological services encompass the tools, systems, and infrastructure necessary to implement these governance measures effectively. Together, they form the backbone of a complete cybersecurity strategy, with governance providing the strategic direction and oversight, while technological services operationalize and enforce security measures.

The NIST Cybersecurity Framework (CSF) serves as a cornerstone for governance, offering a structured approach to identify, protect, detect, respond, and recover from cybersecurity threats and incidents. Simultaneously, ISO 27001 provides a systematic approach to managing sensitive company information, ensuring compliance and continual improvement.

These frameworks not only guide governance but also inform the selection and deployment of technological solutions, ensuring they align with organizational needs and industry best practices. Without effective governance, technological solutions may lack direction and coherence, leading to inefficiencies and gaps in protection.

Conversely, without robust technological services, governance measures remain theoretical and ineffective in safeguarding against evolving threats. Thus, cybersecurity governance and technological services are not only interconnected but mutually dependent, representing two sides of the same coin essential for a comprehensive cybersecurity strategy implementation.

At E-Venture Business Solutions, we specialize in seamlessly integrating cybersecurity governance with cutting-edge technological solutions. Our proposition is a game-changer for SMEs and large international entities across various sectors, including finance and industry.

With cyber threats evolving rapidly, our holistic approach addresses the intricate needs of modern businesses, ensuring robust protection and compliance. Leveraging the expertise of our team, we tailor solutions to meet the unique challenges faced by organizations, regardless of size or industry.

From proactive risk management to advanced threat detection, we empower businesses to navigate the digital landscape securely and confidently.

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Explore our tailored solutions integrating cybersecurity governance with advanced technologies for SMEs and large enterprises in finance and industry !

DIGITAL PAYMENTS

Digital payments market evolution: the digital payment market is undergoing continuous transformation, driven by the relentless innovation of financial institutions and the integration of advanced technologies within the Internet of Things (IoT) ecosystem.

Emergence of Virtual Credit/Debit Cards and Contactless Solutions: virtual credit/debit cards are gaining prominence as consumers increasingly prefer digital alternatives over traditional payment methods. Simultaneously, contactless solutions powered by Near Field Communication (NFC) technology, exemplified by platforms like Apple Pay and FitBit Pay, are reshaping the way transactions occur. Moreover, biometric authentication methods are rapidly gaining traction, offering secure and convenient payment experiences without the need for physical devices.

Innovation Challenges and Established Core Systems: while innovation drives the digital payments landscape forward, financial institutions encounter hurdles in integrating new technologies with their time-tested core systems. These core systems, meticulously parameterized to meet regulatory compliance requirements set by central banks, often present compatibility issues with emerging solutions. Proprietary core systems such as Finastra, Temenos, Mambu, and Avaloq pose additional challenges, necessitating careful navigation of regulatory frameworks imposed by entities like the European Central Bank and FINMA, along with adherence to stringent security standards like PCI DSS, ISO 27001, and NIST.

Operational and Business Model Considerations: Financial Institutions are confronted with strategic decisions regarding their operational and business models in adopting new payment technologies. They must weigh the benefits and challenges of integrating third-party systems into their existing infrastructure versus developing in-house solutions. Both approaches entail complexities in terms of integration, regulatory compliance, and ongoing maintenance. Finding the optimal balance between operational efficiency, regulatory compliance, and innovation is paramount in navigating the evolving digital payments landscape effectively.

E-Venture Business Solutions: digital banking model

E-Venture Business Solutions specializes in delivering advanced digital payment solutions and system development projects for the banking sector, underscored by our extensive experience with internationally operating enterprises.

Payment systems and traffic management: we have expertise in managing and optimizing payment systems for both national and international operations, covering a wide range of transactional and payment traffic processes.

Financial product development and asset management Systems: our proven ability in developing unique financial products and comprehensive systems for managing both movable and immovable assets showcases our innovation in financial technology.

Credit systems and securities management: we demonstrate experience in implementing robust credit and portfolio management systems, as well as in developing advanced securities registers, highlighting our depth in consumer finance and securities.

Third-Party processor and circuit integration: our team has extensive experience in collaborating with third-party processors, service providers, and circuit systems, focusing on implementing and optimizing payment processing systems across various platforms.

E-Venture Business Solutions has contributed in Italy, Switzerland, and now in the Gulf Cooperation Council Countries to designing and promoting advanced payment traffic solutions, supporting the strategic choices of financial institutions, whether for implementing Third-Party Systems or developing In-House Systems.

For Third-Party Systems implementations, E-Venture Business Solutions manages integration, parameterization, and gap development projects with its business analysts.

In developing In-House Systems, our senior project managers oversee all phases, from design to production, providing consultants with proven experience in developing digital payment platforms and proposing technological improvements. Our Managers have a direct experience in setting up and running Digital Payment operation (i.e. on-boarding processes, fraud management, dispute, legal and compliance frameworks).

E-Venture Business Solutions's presence in the GCC and its background in internationalization projects make it a valuable partner for solution providers in digital payments, enhancing business development and implementation of marketed technical solutions through local knowledge and presence.