Tellefsen and Company is a boutique management consulting services company, exclusively focused on the capital markets and derivatives industries. Since 1984, we have dedicated our energy and resources to one vertical market - the financial service industry. Our commitment to this global industry provides a single focus for our staff's knowledge, information centralization and sharing. We service multiple segments of the capital markets and derivatives industries, including investment managers, hedge funds, exchanges, inter-dealer brokers, swap execution facilities, automated trading systems and technology services providers. We have worked on numerous assignments recently that involve three key elements: • Deep intimate knowledge of the lifecycle of trading (nuts and bolts) • The adaptation of technology • Regulatory compliance implications Today we foresee our clients' most compelling needs as being: • Response to change, in a highly competitive and regulated industry • Managing costs and clients/users expectations • Producing timely and cost-effective results As a result of our engagements, our clients commonly realize these benefits: • Risk avoidance • Industry insight • Comfort and confidence to move forward • Imaginative and innovative advice.