HOUSTON, July 2, 2024
/PRNewswire/ -- Oliver Wyman, a global leader in management
consulting and a business of Marsh McLennan (NYSE:MMC), today
announced the completion of its acquisition of Veritas Total
Solutions, a commodity trading advisory firm with deep technical
expertise in risk, systems, analytics, and AI.
The combination of Oliver Wyman
and Veritas will provide commodity trading businesses with an
unparalleled level of trading optimization expertise. With market
complexity transforming the industry, today's commodity trading
businesses need to leverage the latest insights and technologies to
remain competitive. Veritas extends Oliver
Wyman's capabilities to provide end-to-end trading advisory
and systems implementation.
Members of the Veritas team will join Oliver Wyman and will be based in Houston, Texas, a key energy sector hub. The
terms of the transaction were not disclosed.
For more information, visit www.oliverwyman.com, and for
additional information about Oliver
Wyman's Energy and Natural Resources practice visit Trading
and Risk capabilities.
About Veritas Total Solutions
Veritas Total Solutions is a full-service, management consulting
firm focused on the energy industry. We add business value by using
our deep energy industry knowledge, agile methodology and unique
embedded change management approach to solve our client's most
difficult problems. For more information, call 1.855.411.8783 or
email at info@veritasts.com.
About Oliver Wyman
Oliver Wyman is a global leader
in management consulting. With offices in more than 70 cities
across 30 countries, Oliver Wyman
combines deep industry knowledge with specialized expertise in
strategy, operations, risk management, and organization
transformation. The firm has 7,000 professionals around the world
who work with clients to optimize their business, improve
their operations and risk profile, and accelerate their
organizational performance to seize the most attractive
opportunities. Oliver Wyman is a business of Marsh McLennan
[NYSE: MMC]. For more information, visit www.oliverwyman.com.
Follow Oliver Wyman on X
@OliverWyman.
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SOURCE Oliver Wyman