Monte Carlo Plus (mc+) was designed and developed by Dr. Mustafa Çavuş based on the operational risk modelling experience in banking, insurance and asset management over the last 15 years. He has an excellent working knowledge of turning regulatory requirements into a competitive advantage in risk management:

  • experience in the supervisory review process and dealing with    the regulatory bodies in all aspects of internal model development;
  • deep expertise in Operational and Enterprise-wide Risks     analysis including measurement, reporting and control; and
  • a PhD in financial mathematics earned from the University of    Manchester.

Together with co-author Andrew Brand, Mustafa has written a chapter on operational risk in a book titled “Operational Risk 2.0 – Driving Value in a Post-Basel II Era”.

Mustafa is supported by a number of highly experienced finance professionals:


Peter Bonisch

Peter has worked in a wide range of financial and corporate sectors government sectors and is one of the UK’s leading commentators and advisors on governance and uncertainty. He has also worked in and advised on reform of government sectors. By training, Peter is a microeconomist with a post-graduate degree in international relations.

Peter has published studies on the financial crisis and systemic risk as well as the reaction to the financial crisis and organisational behaviour. He is the founding director of London-based think-tank Futuresphere and is currently a member of the UK Chief of Defence Staff’s Strategy Forum.


Sami Lambe, PhD

Sami is a results-driven, strategic corporate development executive with proven track record in business development / commercial advisory with publicly listed, infrastructure companies.

He is currently also leading an independent commercial advisory ‘Lambe & Associates’ that specialises in Project Finance Modelling / Corporate Valuation / Business Case Development / Pit-to-Port Cost Modelling / Business Turnaround / Strategy Development. Client list includes Rio Tinto, Alkane Resources, Aurizon, Careers Fast Track, Anchor Tank, and Toll Holdings among others.


Saqib Hanif

IT Programmer with strong background in Desktop Application Development (C#.Net,VB.net), Web Development, Asp.net (C#/Vb.net), PHP, Silver Light , Java, HTML , CSS, Jquery, JavaScript and Mobile Application Development.


Farhad Uddin Rajib

IT Programmer with strong background in Software Development, Web Development, PHP, Symfony 2, CakePHP, C, C++, Phython, Java, HTML, CSS, JavaScript, Jquery, AngularJS and Mobile Application Development.