What Alarys does

Alarys (legal entity: SAS ALARYS, SIREN 983 037 755) is an independent French advisory boutique headquartered in Paris La Défense that provides consulting and operational assistance to financial, risk, compliance, and sustainability departments. Founded in its current form in 2024, the firm is led by two Managing Partners, Arnaud OUEDRAOGO and Ismaël MOUKIR, each with approximately 15 years of experience in financial department support, including prior roles at PwC and Optimind.

The firm's offering is organized into three service lines: Finance Advisory (consolidated and social financial reporting, financial communication, normative project management for banks, insurers, and corporates), Risk Management (operational risk, internal control, business continuity, outsourced-provider audits, and compliance with LCB-FT, Sapin II, RGPD, and DDA), and Sustainability Services (CSRD, EU Green Taxonomy, and SFDR implementation for RSE, investment, compliance, and finance functions). The underlying technology is human expertise — there is no proprietary platform, software product, or AI component; the firm publishes regulatory thought-leadership content on its website and LinkedIn to support lead generation.

Alarys generates revenue through professional services engagements, delivered either as project-based advisory or as ongoing retainer arrangements; pricing is not publicly disclosed. The go-to-market motion is consultative and sales-led, targeting financial directors, risk managers, compliance officers, and sustainability officers in French banks, insurance companies, and large corporates. The firm currently operates with 11–50 employees, has no disclosed funding rounds, no parent company, and no recorded partnerships or M&A activity.

Name

Alarys

Legal name

SAS ALARYS

Website

https://alarys.fr

Company type

Private

Founded year

2024

Operating status

Operating

Headcount range

11–50 employees

Short description

Alarys is an independent French consulting boutique providing advisory and operational support on IFRS/GAAP financial reporting, risk management, compliance, and sustainability (CSRD, EU Taxonomy, SFDR) to banks, insurers, and large corporates in France.

Ownership category

akta.pro rank

Product category

Financial Advisory Services

SIC

Services-Management Consulting Services (8742), Services-Engineering, Accounting, Research, Management (8700)

akta.pro primary industry

Sustainability & ESG Consulting (BPAHACAK)

akta.pro secondary industries

Enterprise Risk Management (ERM) Advisory (BPAHAFAA), ESG Governance, Sustainability Reporting & Assurance Advisory (BPAHAFAJ)

Keywords

• Financial advisory services
• Risk management consulting
• Regulatory compliance advisory
• IFRS reporting consulting
• Sustainability reporting services

Headquarters

HQ city

La Défense

HQ country

France

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Consulting Services: Alarys generates revenue through professional consulting engagements. Services are provided to financial directions, risk management, compliance, and sustainability departments of banks, insurance companies, and corporations. Engagement types include advisory projects, operational assistance, and ongoing advisory retainer relationships.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

Alarys provides independent advisory and operational assistance to banks, insurance companies, and large corporates across financial reporting (IFRS and French GAAP), risk management and internal control, regulatory compliance (LCB-FT, Sapin II, RGPD, DDA, Solvency II), and sustainability/ESG reporting (CSRD, EU Taxonomy, SFDR). Engagements are delivered via project-based consulting or advisory retainers by senior consultants with 15+ years of experience.

Product overview

Alarys is an independent consulting firm offering three interconnected service lines: Finance Advisory provides global financial and accounting advisory for insurers, banks, and corporations; Risk Management delivers comprehensive risk and internal control services including compliance advisory; and Sustainability Services guides organizations through CSRD, EU Green Taxonomy, and SFDR implementation. These offerings address the full spectrum of strategic financial, risk, and sustainability challenges facing financial institutions and corporate entities.

Differentiator

Problem solved

Functional benefit

Brands

• Finance Advisory: Global advisory services for financial and accounting departments of insurers, banks, and corporates, offering tailored solutions for operational assistance, financial communication, and normative project management.
• Risk Management
• Sustainability Services

Products and services

• Finance Advisory Global advisory offering for financial and accounting departments of insurers, banks, and corporates, covering operational assistance with financial information production, financial communication, and the management of normative projects and tools.
• Risk Management Comprehensive risk management and internal control services including operational risk assessment, business continuity planning, compliance advisory (LCB-FT, Sapin II, fraud, RGPD, DDA), and audit of outsourced providers.
• Sustainability Services Advisory services helping RSE, investment, compliance, and finance departments implement CSRD, EU Green Taxonomy, and SFDR requirements, ensuring regulatory compliance and ESG performance optimization.

Segments5 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Recent moves5 records

Expansion highlights4 records

Direct peers

• Oresys: French consulting firm specializing in financial services transformation, operational excellence, and regulatory compliance — directly comparable to Alarys' Finance Advisory and Risk Management offerings.
• PMP Strategy: French management consulting firm serving financial institutions and large corporates with strategy, finance, and risk advisory services. Comparable in size, French focus, and target client segments.
• Optimind: French management and financial consulting firm specializing in finance, risk, and compliance advisory for banks, insurers, and corporates — directly comparable to Alarys across all three service lines. Notably, one of Alarys' Managing Partners previously worked at Optimind.
• Kea & Partners: French consulting firm combining strategy, organization, and finance/risk advisory for major French corporates and financial institutions. Comparable mid-market boutique consulting model.
• Exton Consulting: Paris-based consulting firm focused on financial services with deep expertise in banking, insurance, and asset management. Direct competitor in regulatory, risk, and finance transformation advisory across the French market.
• Eurogroup Consulting: European consulting firm with strong French footprint serving financial institutions, public sector, and large corporates on finance transformation, risk, and compliance. Comparable boutique-to-mid-market positioning.

Broad incumbents

• Deloitte France: Big 4 firm offering risk, regulatory, finance transformation, and sustainability advisory at scale across French banks, insurers, and corporates. Represents the established incumbent that Alarys positions against as an independent alternative.
• EY France: Big 4 firm providing audit, tax, and advisory including IFRS 17, CSRD, Solvency II, and banking regulation services. Directly competes with Alarys across all three service lines, especially in regulated financial services.
• PwC France: Big 4 firm with extensive audit, tax, and advisory practices in France including IFRS, regulatory reporting, risk management, and ESG advisory. Alarys competes directly with PwC's Financial Services Advisory; one of Alarys' founders previously worked at PwC.
• KPMG France: Big 4 firm with significant Financial Services Advisory practice in France covering risk, compliance, regulatory reporting, and sustainability. Established incumbent and direct competitor in Alarys' target verticals.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/alarys

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

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 Alarys