About Us

• Background
• Our Clients
• BEE
• FSB Licence

Background

Geometric Progression started in January 2005. Although we are based in Cape Town, we work throughout the continent and Europe. Geometric Progression is formally registered in both South Africa and Botswana. We are specialists in interest rates / fixed income, investment management and market risk. We love technology and a large part of our work incorporates customised applications incorporating:

• Machine Learning & Artificial Intelligence.
• Programming, Modelling & Automation.
• Modelling financial market instruments & Independent valuations.
• Market Abuse & regulatory surveillance.
• Risk Analytics.
• Portfolio Analytics and Attribution.

Given the specialist nature of our business, a natural complement to what we do is that of training. We have developed a reputation for being able to take complex issues and break them down into more understandable components.

Our Clients

Our clients include almost all local and foreign banks in South Africa, many of the large fund managers, state owned enterprises, legal institutions, accounting institutions, regulators, media and many more.

BEE

Geometric Progression: B-BBEE Status: Level Four Contributor

Geometric Progression: B-BBEE Procurement Recognition Level: 100%

For a PDF copy, please click

FSB Licence

Geometric Progression is a Category I Authorised Financial Services Provider (License no: 43224). Please refer below for details regarding our authorised categories.

For a PDF copy of the FSB Certificate, please click

The licence authorises Geometric Progression to carry on the business for advisory services in respect of the following products:

• Retail Pension Fund Benefits.
• Pension Fund Benefits.
• Securities and Instruments: Shares in a company other than a "share block company" as defined in the Share Blocks Control Act, 1980.
• Money-market instruments.
• Debentures and securitised debt.
• Warrants, certificates and other instruments acknowledging conferring or creating rights to subscribe to, acquire, dispose of, or convert securities.
• Bonds, Derivative instruments.
• Deposits as defined in the Banks Act.
• Participatory interest in one or more collective investment scheme.
• Foreign currency denominated investments instrument, including a foreign currency deposit.
• A benefit provided by a friendly society referred to in the Friendly Societies Act, 1956 to members of the society by virtue of membership.

The licence authorises Geometric Progression to carry on the business Financial intermediary services in respect of the following products:

• Retail Pension Fund Benefits.
• Pension Fund Benefits.
• Securities and Instruments: Shares in a company other than a "share block company" as defined in the Share Blocks Control Act, 1980.
• Money-market instruments.
• Debentures and securitised debt.
• Warrants, certificates and other instruments acknowledging, conferring or creating rights to subscribe to, acquire, dispose of, or convert securities.
• Bonds.
• Derivative instruments.
• Deposits as defined in the Banks Act: exceeding 12 months.
• Participatory interest in one or more collective investment scheme.
• Foreign currency denominated investments instrument, including a foreign currency deposit.
• A benefit provided by a friendly society referred to in the Friendly Societies Act, 1956 to members of the society by virtue of membership.