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Where we work — and why it matters.
Financial modelling is universal in technique but specific in application. We work across all of them, and understand where the assumptions break down in each.
MERGERS & ACQUISITIONS
Acquisition and LBO models, synergy quantification, and buy- and sell-side due diligence. A deal is only as sound as the assumptions beneath it, so the work is built to separate genuine value from the story being told around it. To hold firm when investors, lenders, and counterparties test every line.
INSURANCE
Pricing models for individual life products — term, whole-of-life, credit life, and funeral cover — alongside profit-testing, assumption-setting, and independent review. Grounded in actuarial training, the work treats pricing as more than a premium calculation: it tests whether mortality, lapse, and expense assumptions reflect reality, because a product priced on optimistic assumptions is a risk disguised as a sale.
Collections & Recoveries
Recovery-curve modelling, roll-rate and provisioning analytics, portfolio valuation and strategy optimisation across the distressed-debt lifecycle. This is the sector where optimistic assumptions are exposed fastest, so the value lies in modelling that prices a book for what it will realistically recover, not what anyone hopes it might.
Project Finance & Infrastructure
Public-private partnerships, transport, water, and social infrastructure. These are lender-grade financial models designed to withstand bank credit committees and to give sponsors and funders an honest view of where a project’s returns and risks truly sit.
BANKING
Credit risk and IFRS 9 provisioning models, capital and liquidity forecasting, and stress-testing built for regulatory submission. Every model is structured so its logic, assumptions, and outputs can be traced and defended, because a model that cannot be explained to a credit committee or a regulator is a model that cannot be trusted.
RETAIL
Demand forecasting, pricing and margin analytics, store-level performance models, and workforce planning. The aim is to turn high-volume transaction data into a clear signal leadership can act on — surfacing what is genuinely driving performance beneath the noise.
Resources
Operational and workforce models, capital project evaluation, and commodity-sensitive forecasting for long-horizon, capital-intensive assets. The approach is informed by hands-on engineering and operational experience in the sector, which keeps the modelling anchored to how these businesses actually behave rather than how a spreadsheet assumes they will.

— CROSS-SECTOR INSIGHT
GENERALIST DEPTH, SPECIALIST APPLICATION.
Our team’s experience spans sectors such as life insurance, banking credit risk, retirement funds, collections analytics, and mining workforce planning. This breadth is not accidental — it is a deliberate strategic asset. The hardest modelling problems often borrow techniques from adjacent disciplines. An infrastructure cash-waterfall benefits from insurance reserving discipline. A retail credit model benefits from mining capital-project thinking.
We bring all of it. Every engagement.
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Modelling. Integrity. Truth.
Specialist financial modelling consultancy. Founder-led. Actuarially trained. Johannesburg-based, working with corporates and project sponsors across South Africa.
SERVICES
Financial model build
Model audit & review
Model health check
Model enhancement
Training & enablement
COMPANY
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CONTACT
info@aletheiapartners.co.za
(072) 074-4862
Johannesburg, Gauteng