Mohammed Benkhaled: Discover Your Data in PeaQock Way
With the development of new technologies, phrases like “data management,” “data science,” and “data visualization” have become commonplace. However, the uniqueness and rarity of the operation lie in the strategic planning, creative ideas, and inventive brains that go into it. Mohammed Benkhaled is a brilliant individual; he founded and is CEO of Peaqock Financials, a frontrunner in the fields of sophisticated data management/analytics and strategic advice. Mohammed’s 15 years in the industry and extensive expertise are assets that will help the firm expand and thrive. Peaqock Financials, which was established in 2013, is now widely regarded as a leading financial services provider. Mohammed, who has been on an unbelievable trip, writes a lesson for us all to follow.
The First Steps towards a New Direction
Mohammed founded PeaQock Financials because he saw a need for better data management, analytics, and visualization throughout his more than 15 years of working in the investment, risk, and asset management industries. Since its inception in 2013, Peaqock has had two primary challenges: convincing significant prospects in Morocco and overseas, particularly in the middle east area, to trust Peaqock as a start-up, and differentiating itself from other data giants.
The second has to do with actual goods being sold. Therefore, they invested a great deal of time, knowledge, and money into developing robust and efficient market-oriented goods in addition to those required by their customers. All created goods were checked for compliance with important international standards for safety, performance, and underlying technology.
Products that are Typical of Cutting-Edge Technology
By automating complex data management, securing data flows with blockchain technology, and enhancing the credibility of data analytics and visualization based on AI and machine learning, Peaqock Financials is able to fulfill its vision of bringing intelligent and user-friendly solutions for executives. They provide a wide variety of safe storage options and data management programs. To name a few:
Strategic Counsel: They make it a point to learn as much as they can about their prospects’ history, culture, and long-term objectives at each exploration meeting. Clients benefit from their extensive knowledge of the ins and outs of their business models and the ways in which they may improve via process innovation.
administration of data includes advising clients on data architecture (big data vs. conventional data administration) and investigating various data sources (office equipment, Internet of Things (IoT), social media, etc.).
Data Science: Peaqock goes beyond basic data preparation to help their customers develop the most effective artificial intelligence (AI) and machine learning (ML) models for boosting profits, studying consumer profiles for more precise targeting, enhancing operational efficiency, forecasting sales, and so on.
Ensure that decision-makers have access to data in an optimum manner covering all potential situations by visualizing key performance indicators using the finest tools available.
In addition to serving a wide range of public and private sector institutions in Morocco and beyond, Peaqock Financials also offers cutting-edge technological services, such as artificial intelligence, deep learning, predictive algorithms, blockchain, data analytics and visualization, and more.
Among Peaqock Financials’ many accolades on the global stage is its certification as a “Label Finance Innovation” holder by Paris Europlace and its recognition as one of Forbes Middle East’s Top 20 FinTechs in the Middle East and North Africa for two years running (2017 and 2018). As a final accolade, Peaqock Financials has been named a “most innovative business to watch in Africa” by the African Development Bank and a “rising FinTech in Africa” by Casablanca Finance City in cooperation with PwC Advisory Africa.
Productive expertise leads to expansion
With the presence of global heavyweights in a variety of fields, competition in the Middle East is fierce. Customers benefit from competition since they have more options for where to shop and what to buy. Because of the increased competition brought about by the influx of incubators, accelerators, and new investors, businesses of all stripes are scrambling to discover ways to set themselves apart from the pack.
In the last several years, Peaqock Financials has shown impressive development, with revenue and EBIDTA both increasing by over 50%. In Peaqock, all profits go back into research and development and training new employees.
Peaqock Financials is always looking for new ways to expand its offerings to better meet the needs of their customers. They base their operations and expansion plan on four pillars:
- A policy that is focused only on the client
- Research and development in uncharted territories.
- Correspondent pricing that allows the service to scale with the needs of any large customer
- Offering their customers tailor-made strategic guidance
The Clever Brain of a Leader
Mohammed has worked in this field for over 15 years and has always been interested by the ways in which technological advancements and business innovation help companies boost the speed, reliability, and quality of their production processes. His ultimate goal is to have Peaqock Financials ranked in Gartner’s magic quadrant as a data industry leader on an African and Middle Eastern scale. Mohammed hopes to motivate and usher in improvements that will aid in the continent’s structural development, allowing it to assume its rightful role in the global community under the direction of its own population.
After earning degrees in both data processing and economic and financial risks at Bordeaux I, Mohammed took a position as a risk and asset manager at Credit Agricole Corporate and Investment Bank (ex–Calyon) and Sycomore Asset Management, two of the leading investment banks in Paris. In 2010, he accepted the position of Director of Investments at SAHAM Asset Management, the biggest insurance company in Morocco. Additionally to financial advising (corporate finance, risk mitigation & project finance), digital transformation, and other strategic advisory services, he formally launched his entrepreneurial career in 2014 by establishing PEAQOCK FINANCIALS, a Tech & Data-driven firm.
Since the beginning of Peaqock’s existence, Mohammed has worked hard to establish himself as the company’s chief executive officer (CEO), a position in which he is responsible for setting strategic direction, encouraging teamwork, and fostering a positive work environment. Although working as an investment manager or risk manager has its benefits and drawbacks, nothing can compare to the joy of seeing your own business succeed after years of hard work and dedication. Contribute, Mohammed.
The Drive Behind a Frigid Economy
The staff at Peaqock Financials is driven by a desire to serve as an example and effect positive change in the world. They thrive on difficulty. New obstacles arise with each week’s meeting, forcing the whole team to perform extensive study and reevaluate their strategies. The team members become remarkably united as a result of these tests.
As an exercise in enthusiasm and rich experiences, Peaqock Financial aimed first to secure a dominant position in the Morocco Market before expanding internationally. They have put a premium on finding local partners in the Middle East who can help speed up their expansion. I am pleased with the progress we have made with our present collaborators. Additionally, I am pleased to announce that we were chosen by the Arab Monetary Fund as one of four FinTechs operating in the Middle East and Africa to participate in a senior-level committee tasked with considering and modeling the potential effects of new technologies on Arab Central Banks. Mohammed continues.
The Innovative Growth Strategy
Peaqock Financials is a forward-thinking company that has operated under the conviction that the success of any company (or even the effectiveness of public services) in the future will hinge on the extent to which you know your customers and the skill with which you manage your data (and data from other sources).
Peaqock has outlined a strategy for growth in the Middle East and Africa over the next several years that will make it a major player in those continents. All the evidence points to a growing movement among both public and commercial organizations toward more individualized approaches to data management and analytics. Since last year, the market has seen a remarkable increase in demand for technical help and demonstrated knowledge in this sector. In the next five years, Peaqock expects to develop at enticing rates, reaching a turnover of more than US$500 million.
The slogan “Discover Your Data in PeaQock Way” sums up the company’s internal mission. In addition, the people of PeaQock are optimistic that AI and HI may coexist fruitfully.
Mohammed has a plan for the future that includes implementing innovative techniques and steering the organization toward growth. Peaqock Financial, with his capable staff at the helm, will soon become an industry leader and a driving force in the transformation of finance.