Goodwill Securities. Your Sources in Russia & CIS

Goodwill Securities (GS) is a team of professional analysts specializing in risk assessment. The company was founded by former business intelligence analyst Azamat Lukmanov in November 2017.

We provide a wide range of analytical solutions applicable to political, regulatory, commercial, and reputational risks of doing business in Russia and CIS. Key partners of our company have extensive relations with the media, major business communities, public authorities, and large companies in RCIS.

Goodwill Securities has strategic relations with the All-Russian Public Organization Investment Russia that encourages investment in the Russian Federation.

Thus, we are the first company, which unites not only experienced researchers and analysts, but also the resources of an All-Russian Public Organization that includes thousands of entrepreneurs from different regions of the country and abroad.

We provide a wide range of analytical services to prevent political, commercial, reputational, and corruption risks of doing business in Russia and CIS.

However, our main specialization is the corporate intelligence services in two areas:

research of business and reputation of individuals and legal entities (Integrity Due Diligence);
verification of existing counterparties, forensic investigations.

There are no identical tasks in our work, but common features and challenges still exist, largely due to the requirements of international law, including the FCPA and the Bribery Act. Therefore, for the convenience of our customers, we have prepared a number of standardized solutions: standard integrity due diligence check on private persons or companies, non-standard projects.

Our analytical reports are based on the following pillars:

collection and systematization of open data (media, etc.);
collection and systematization of information from private databases;
an interview of informed sources in the business environment, government agencies, and public organizations;
thorough analysis.

The partnership with the All-Russian Public Organization Investment Russia allows us to have direct access to the business community in different regions of Russia.

Also, entrepreneurs and managers of the following organizations act as sources of information: the Russian Union of Industrialists and Entrepreneurs (RSPP), Delovaya Rossiya, Opora Rossii, the Russian Managers Association, the Association of Russian Banks, the Atameken Union (Kazakhstan), and others.

Following services are often in demand among our customers:

- standard reliability testing, as well as other specific solutions at the request of customers, not included in the standard package;

- research of political risks for your business in the country or region;

- analysis of regulatory risks;

- verification of the affiliation of the individual or company to another individual or company;

- pre-transaction due diligence;

- assets search and support of arbitration cases;

- Investigation of the investment climate in the industry (by country or in a particular region).

Our client has received an offer to act as an investor in the project of production localization of medical components for minimally invasive surgery. It was intended to construct an assembly plant in Russia and market the product in the territory of the EAEU countries. The transaction amount was estimated at $ 10 mln. Prior to concluding the investment agreement, the client decided to check the potential partners for their reliability and turned to our team for said purpose. The check has shown that those who wrote the investment suggestions were previously repeatedly scammed after receiving the first tranche. As a result of the information received, our client refused to participate in the project and saved $ 1.5 mln, which had to be transferred to the account of an unfair partner according to the draft investment agreement.

The London consulting company has contacted us with the following request: their client required an assessment of country risks for players in the gold mining industry in Kazakhstan. This analysis was pre-transactional, as the client was planning a purchase gold assets in the territory of the Republic of Kazakhstan. Ultimately the whole list of risks has been analyzed: regulatory, in the field of legal proceedings, infrastructure, corruption, etc. The client also received explicit recommendations on the minimization of the mentioned risks and the strategy of building relationships with authorities, non-governmental organizations, etc. As a result of our work, the client received a comprehensive understanding of the risks and "rules" of doing business in the gold mining sector of Kazakhstan.