What VBC does

Velligan-Blaxall Consultants, LLC (VBC) is an independent, full-service financial risk management consulting firm headquartered in Haverford, Pennsylvania, founded in 2006 and operating as a privately-held LLC. The firm delivers risk management, regulatory compliance, and quantitative modeling services to U.S. financial institutions ranging from de-novo banks to super-regional banks with assets exceeding $100 billion, including commercial banks, credit unions, and fintech companies. VBC engages through a consultative, enterprise sales model with direct relationships at the board, C-suite, and ALCO levels, delivering project-based and retainer engagements.

VBC's service platform spans six integrated lines: Asset Liability Management, CECL (Current Expected Credit Loss), Product Analytics, Financial Crimes (BSA/AML, OFAC, fraud), Model Validations, and VBC Advisors (MRM, GRC, data, and technology advisory). Underlying these services are quantitative methodologies including challenger models, PD/LGD frameworks with DCF-based CECL calculation, and behavior modeling for deposits and loans. The firm operates the LakeHouse Analytics client portal, which provides peer benchmarking against FFIEC Call Report data. Through its January 2023 acquisition of Seifried & Brew, VBC added Performance Risk Reporting (balance sheet and income statement benchmarking) and municipal credit analytics.

VBC generates revenue on a professional services model with quote-based pricing determined by scope, complexity, and duration of engagements. The firm is founder/partner-owned, with no disclosed institutional investment or funding rounds. Revenue is not publicly disclosed and customer logos are not named, but the firm positions itself on regulatory expertise, customized methodologies vetted by agencies, and a credentialed practitioner base (CAMS, CFA, FRM, SCR, PRM) that includes former senior risk, treasury, and quant professionals from large U.S. financial institutions.

Name

VBC

Legal name

Velligan-Blaxall Consultants, LLC

Website

https://velliganblaxall.com

Company type

Private

Founded year

2006

Operating status

Operating

Headcount range

11–50 employees

Short description

Velligan-Blaxall Consultants (VBC) is an independent financial risk management consulting firm serving U.S. banks, credit unions, and fintechs with ALM, CECL, model validation, financial crimes, and MRM/GRC advisory services.

Ownership category

akta.pro rank

Product category

Financial Risk Management Consulting

NAICS

Portfolio Management and Investment Advice (523940)

SIC

Miscellaneous Business Credit Institution (6159)

akta.pro primary industry

Operational Risk, Controls & Business Continuity (Ops) (FSACALAL)

Keywords

• Financial risk management
• Model validation services
• Asset liability management
• BSA/AML compliance consulting
• CECL modeling

Headquarters

HQ city

Haverford

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D

Revenue model

1. Risk Management Consulting Services: VBC generates revenue through professional services engagements including Asset Liability Management, CECL modeling and validation, Financial Crimes consulting, Model Validations, and VBC Advisors services. Services are provided on a project basis or through ongoing retainer arrangements, with engagements ranging from specific model implementations to comprehensive risk management programs.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

VBC provides specialized financial risk management and consulting services to banks, credit unions, and fintech companies. Its offerings span Asset Liability Management, CECL modeling and validation, Financial Crimes (BSA/AML/OFAC/Fraud) consulting, Product Analytics, Model Validations, and advisory services through its VBC Advisors division. The firm delivers customized, regulator-vetted solutions directly to client institutions, supported by the LakeHouse Analytics portal for peer benchmarking.

Product overview

VBC is an independent full-service financial risk management consulting firm offering a platform of professional services to financial institutions ranging from de-novos to super-regionals with assets greater than $100 billion. The core offering consists of six integrated service lines: Asset Liability Management (ALM), CECL, Product Analytics, Financial Crimes, VBC Advisors, and Model Validations. These services are supported by the LakeHouse Analytics portal platform which provides peer comparison and benchmarking capabilities. The portfolio was expanded in 2022 with the launch of VBC Advisors for specialized MRM, GRC, and technology consulting, and in 2023 through the acquisition of Seifried & Brew, which added Performance Risk Reporting (PRR) for balance sheet benchmarking and municipal credit analytics capabilities.

Differentiator

Problem solved

Functional benefit

Products and services

• Asset Liability Management (ALM) Comprehensive asset liability management solutions that are fully regulatory compliant, offering valuable insights to maximize ROI of models as both a risk management and business decision tool for banks, credit unions, and fintech companies.
• CECL (Current Expected Credit Loss) Assists financial institutions in estimating the financial impact of transitioning to CECL, building working CECL models using loan-level data, aligning FICO bands with industry loss and recovery rates, and providing PD/LGD methodology that allows institutions to benefit from applying DCF to CECL calculation.
• Product Analytics Provides deposit and loan analytics solutions, behavior modeling, peer comparisons, and specialized consulting engagements, including analysis of deposit funding patterns, product makeup analysis, and customer behavior modeling to support funding management decisions.
• Financial Crimes Offers BSA/AML, OFAC, and fraud model validation services, including consulting on regulatory compliance, model implementation and usage, suspicious activity monitoring system implementation, and AML monitoring system implementation, tuning, and remediation by CAMS-certified specialists.
• VBC Advisors Specialized consulting services division offering professional advisory services and resource augmentation in model risk management (MRM), Governance Risk Compliance (GRC), data, and technology, including fit-for-purpose GRC frameworks, independent risk and gap assessments, and $10 billion threshold readiness planning.
• Model Validations Provides customized validation services for ALM, liquidity, credit, and financial models, including institution-specific validation engagements, vendor model testing and diagnostics review, and alternative challenger models to correct for issues such as multicollinearity, heteroscedasticity, and autocorrelation.
• LakeHouse Analytics Client portal platform providing an intuitive tool for peer comparisons, allowing institutions to gauge their position compared to selected peers based on Call Report data stored in the FFIEC database, with quintile rankings by risk rooms and data-driven insights.
• Performance Risk Reporting (PRR) Provides thorough assessment of an institution's balance sheet and income statement against national and state peers via benchmark comparisons of essential KPIs and national/state economic data, enabling clients to manage credit risk and understand risk and reward relationships.

Quantifiable outcome

• VBC enabled a financial institution to justify a CECL reserve not significantly higher than their current ALLL reserve through robust quantitative modeling.
• +1 more outcomes

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• Seifried & Brew, LLCcoreStrategic or Co-development Partner · 5 January 2023VBC acquired Seifried & Brew, LLC (S&B), a Bethlehem, PA-based firm, as part of VBC's strategic vision to expand service offerings. S&B brings nationally recognized Risk Assessment Services including Performance Risk Reporting (PRR) capabilities providing balance sheet and income statement assessments against national and state peers, along with municipal credit analysis through independent credit risk ratings.

Scale indicators1 record

Recent moves7 records

Expansion highlights6 records

Direct peers

• Darling Consulting Group: Darling Consulting Group is a specialized bank consulting firm focused on asset liability management, funds transfer pricing, and balance sheet analytics for community and regional banks, directly overlapping with VBC's ALM, Product Analytics, and CECL practices.
• Profit Resources: Profit Resources provides CECL implementation, allowance modeling, and model validation services to community banks and credit unions, competing head-to-head with VBC on the same buyer personas and regulatory pain points.
• Empyrean Solutions: Empyrean Solutions delivers model risk management, model validation, and CECL advisory services to banks and credit unions, sharing VBC's focus on challenger models and quantitative analytics for financial institutions.

Broad incumbents

• Abrigo: Abrigo is a larger, technology-led provider of compliance, lending, and risk management software to community banks and credit unions, offering overlapping capabilities through platform products rather than bespoke consulting.
• RSM US: RSM US is a mid-market professional services firm with a substantial financial institutions practice covering risk advisory, model validation, CECL, and BSA/AML, competing with VBC on mid-sized bank engagements.
• Crowe LLP: Crowe provides audit, tax, and advisory services with a financial services risk consulting group that competes on model validation, ALM, and CECL for community and regional banks.
• Baker Tilly: Baker Tilly's financial services practice delivers risk advisory, regulatory compliance, and model risk services to banks and credit unions, with similar client profiles but a broader service portfolio.
• Oliver Wyman: Oliver Wyman is a global management consulting firm with deep financial services risk and regulatory practices, competing with VBC on the largest super-regional and G-SIB engagements.

Others

• Wolters Kluwer: Wolters Kluwer provides regulatory compliance, risk, and finance software (e.g., TeamMate, OneSumX) used by the same bank clients VBC serves, representing an indirect substitute and ecosystem participant rather than a direct consulting peer.
• Moody's Analytics: Moody's Analytics sells risk management software, CECL/ALM models, and data products to banks, occasionally co-delivering consulting through partners, making it an enabling/thematic peer rather than a direct consulting competitor.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights7 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles24 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about VBC