Novaminds
Novaminds is an independent Paris-based consulting firm founded in 2014 that advises French banks and insurers on regulatory compliance, risk management, cyber-security, data governance, and operational resilience, including DORA, NIS2, and AI Act programs.
- Company typePrivate
- Founded2014
- HeadquartersParis, France
- Headcount11–50
- GTM typeB2B
- OfferingServices
What Novaminds does
Novaminds is a privately held, independent French consulting firm founded in 2014 by Nicolas Vetriak and headquartered in Paris (58 rue de la Victoire, 9th arrondissement). The firm specializes in governance, risk management, compliance (GRC), cyber-security, data governance, and operational resilience advisory services exclusively for financial institutions, primarily banks and insurance companies in France. Its service portfolio is organized into three lines: Conformité, Risque & Contrôle; Data & IA; and Cyber-Sécurité & Résilience, with notable capabilities in DORA compliance, IT risk management, third-party risk management (TPRM), AI Act and CSRD advisory, and recurring Place Surveys on data governance.
Novaminds firmographics
Firmographics- Name
- Novaminds
- Legal name
- NOVAMINDS
- Website
- https://novaminds.fr
- Company type
- Private
- Founded year
- 2014
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Novaminds is an independent Paris-based consulting firm founded in 2014 that advises French banks and insurers on regulatory compliance, risk management, cyber-security, data governance, and operational resilience, including DORA, NIS2, and AI Act programs.
- Ownership category
- akta.pro rank
Novaminds industry classification
Industry- Product category
- Financial Risk and Compliance Consulting
- NAICS
- Management Consulting Services (54161)
- SIC
- Services-Management Consulting Services (8742)
- akta.pro primary industry
- Third-Party Risk, Vendor Due Diligence & Supply Chain Compliance (BPAEAPAG)
Keywords
Where Novaminds is headquartered
LocationHeadquarters
- HQ city
- Paris
- HQ country
- France
- HQ region
- Europe
Offices1 record
Markets served
Novaminds business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D
Revenue model
- Consulting Services: Novaminds generates revenue through professional consulting engagements with financial institutions. Services include strategic advisory, regulatory compliance consulting, risk management, cyber-security assessment, and operational resilience implementation. The firm operates on project-based fees and retainer arrangements for ongoing advisory relationships.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels5 records
Novaminds product offering
Product offeringCore offering
Novaminds is an independent consulting firm that provides strategic advisory services to banks, insurance companies, and other financial institutions in France. Its offerings are organized around three themes: (1) Conformité, Risque & Contrôle covering regulatory compliance (ACPR, AMF, ESG), risk management, and internal control; (2) Data & IA covering data governance, data protection, and AI Act compliance; and (3) Cyber-Sécurité & Résilience covering DORA compliance, third-party risk management (TPRM), IT risk management, and operational resilience.
Product overview
Novaminds is an innovative and independent consulting firm offering a unified portfolio of advisory services organized around three core themes: (1) Conformité, Risque & Contrôle for compliance and risk management advisory; (2) Data & IA for data governance and AI advisory; and (3) Cyber-Sécurité & Résilience for cybersecurity and operational resilience consulting. The firm specializes in serving financial institutions (banks and insurance companies) with strategic consulting, transformation support, deployment, and operational assistance. Key service areas include DORA compliance, regulatory compliance (ACPR, AMF), ESG, IT risk management, third-party risk management (TPRM), and data governance. The firm also publishes industry research and thought leadership through its Place Research Groups and benchmarks.
Differentiator
Problem solved
Functional benefit
Products and services
- Conformité, Risque & Contrôle
Quantifiable outcome
- Enquête de Place pluriannuelle on Data Governance with participation from 26-30 financial establishments since 2016
Companies that use Novaminds
Customer profileNamed customers10 records
Segments1 record
Ideal customer profiles1 record
Novaminds technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Novaminds partnerships and signals
Strategic signalPartnerships
Twelve partnerships are on record, tiered core and minor.
- Université Paris Nanterre (Chaire GoDO)coreNovaminds joined the 'Gouverner l'organisation numérique' (GoDO) Chair at Université Paris Nanterre. Partnership signed at CCI Hauts de Seine focusing on cybersecurity research, digital sovereignty, threat modeling, and interoperability.
- ESSEC Business School (ESSEC-Moi-l'Histoire)coreNovaminds partners with ESSEC-Moi-l'Histoire, an association promoting history and heritage at ESSEC Business School. Since 2022, Novaminds supports cultural and heritage restoration projects, shares expertise on the financial sector, and presents the consulting profession to students. Partnership renewed in 2023, 2024, and 2025.
- BpifranceminorCollaboration on Data & IA webinar with Bpifrance, providing 360-degree view of strategic orientations for data governance and usage in the financial sector.
- Le Cercle de la DonnéecoreOngoing partnership with Le Cercle de la Donnée, a think tank focused on data governance. Novaminds participates in Thursday of Data events, publishes research, and contributes to discussions on AI Act, metaverse, and data sovereignty.
- Centre des Professions FinancièrescorePartnership with Centre des Professions Financières for ESG research under the 'Conformité, Éthique des affaires & ESG' working group. Novaminds contributes to studies on CSRD, CS3D, and sustainable finance impacts on banks.
- Institut UniLaSalleminorNovaminds partners with Institut UniLaSalle for the Nuit (Gala) event, supporting ARSLA association fighting against Charcot disease. Partnership includes student engagement and humanitarian support.
- Paris SumominorPartnership with Paris Sumo for Japan Expo representation and sporting tournaments. Second year partnership in 2023, sharing values of excellence and audacity.
- Haïti Ski (Fédération Haïtienne de Ski)minorSponsorship of Haitian Ski Team for 2021 World Championships. Novaminds supports sport and education development in Haiti while showcasing employee Jean-Pierre Roy's athletic achievements.
- Triathlon du Château de ChantillyminorOfficial partner of Triathlon du Château de Chantilly. Three Novaminds teams participated in the competition, demonstrating company values of cohesion and excellence.
- Tree NationminorPartnership with Tree Nation for reforestation program in French forests. Environmental initiative to compensate greenhouse gas emissions and contribute to biodiversity preservation.
- NatixiscoreCollaboration on Place Group on Cyber-Resilience focused on Covid-19 crisis impacts in financial services. Natixis hosted working group meetings on operational resilience.
- BNP Paribas CIBcorePartnership with BNP Paribas CIB for IT Risk Management Place Group. Global Head of IT Risk co-presents initiatives on IT risk management practices, trends, and orientations for financial institutions.
Scale indicators5 records
Recent moves3 records
Expansion highlights5 records
Novaminds competitors and assessment
Company assessmentDirect peers
- Wavestone: French-headquartered consulting firm with deep financial services GRC, cyber-risk, regulatory and transformation practices serving major banks and insurers; most direct strategic comparable for Novaminds in the French FS consulting market.
- Devoteam: French-origin IT and cybersecurity consultancy with significant DORA, TPRM and cloud-resilience practices targeting financial institutions; competes for the same cyber-résilience mandates as Novaminds.
- Sia Partners: Paris-based management and AI consulting firm with strong risk, compliance and data governance offerings to French and European banks; overlaps directly with Novaminds' Conformité/Risque and Data & IA service lines.
Broad incumbents
- PwC France: Big 4 with strong FS risk, regulatory and cybersecurity advisory that overlaps directly with Novaminds' positioning on DORA, NIS2 and operational resilience work for French banks.
- EY France: Big 4 risk and financial services consulting practice in Paris covering compliance, internal audit and cyber-resilience engagements comparable to Novaminds' offerings.
- Capgemini Invent: Large French-origin consulting and digital transformation arm of Capgemini with financial services risk, regulatory and data governance capabilities that compete for the same DORA/transformation mandates.
- Sopra Steria: Major French IT services and consulting firm with dedicated banking and risk/compliance practices across Europe; competes on DORA implementation, cyber and IT risk management projects.
- Deloitte France: Big 4 advisory with dedicated Risk & Financial Advisory and cyber practices serving BNP Paribas, Crédit Agricole, AXA and other shared clients; competes head-to-head on DORA and resilience programmes.
- KPMG France: Big 4 firm with established Risk Consulting, Cyber and Financial Services Regulatory practices in Paris serving the same tier-1 banks and insurers; represents the largest competitive threat on large multi-workstream mandates.
Emerging players
- HeadMind Partners: Paris-based AI, cybersecurity and risk consulting boutique with strong financial-services DNA; partially overlaps with Novaminds on AI Act, data governance and cyber-resilience work for banks and insurers.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
Novaminds social profiles
Digital presenceNovaminds compliance and trust
Trust signalCompliance10 records
Novaminds financial estimates
Financial estimateRevenue estimate
Valuation estimate
Novaminds leadership team
Management profileNumber of profiles
Profiles6 records
Novaminds funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Novaminds M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Novaminds
What does Novaminds do?
Novaminds is an independent consulting firm that provides strategic advisory services to banks, insurance companies, and other financial institutions in France. Its offerings are organized around three themes: (1) Conformité, Risque & Contrôle covering regulatory compliance (ACPR, AMF, ESG), risk management, and internal control; (2) Data & IA covering data governance, data protection, and AI Act compliance; and (3) Cyber-Sécurité & Résilience covering DORA compliance, third-party risk management (TPRM), IT risk management, and operational resilience.
Is Novaminds a public or private company?
Novaminds is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Novaminds founded?
Novaminds was founded in 2014. It employs 11 to 50 people.
Where is Novaminds based?
Novaminds is headquartered in Paris, France, in the Europe region.
How does Novaminds make money?
One revenue line is on record: consulting Services.
Who are Novaminds's main competitors?
Direct peers on record are Wavestone, Devoteam and Sia Partners. Broad incumbents are PwC France, EY France, Capgemini Invent, Sopra Steria, Deloitte France and KPMG France. HeadMind Partners is listed as an emerging player.
Does Novaminds have an API?
No public API is recorded for Novaminds.
What industry is Novaminds in?
Novaminds's product category is Financial Risk and Compliance Consulting. Its primary akta.pro industry code is BPAEAPAG, Third-Party Risk, Vendor Due Diligence & Supply Chain Compliance. Its NAICS code is 54161 and its SIC code is 8742.