Every challenge and every opportunity an organization faces today demands change. And with change comes risk. Some risks you can see, some you can predict, some you can plan for, and some you can’t.
Organizations are not created to manage risk; they are created to generate value as part of a broader aspirational purpose. That purpose is achieved through a series of strategic business decisions that require taking risks — these risks impact business performance. Organizations that identify, manage and respond to these risks well are positioned to grow and remain successful.
Our understanding of the issues around risk — the risks you can see as well as the ones you can’t — inspire us to ask better questions. By working globally with organizations, we can create innovative answers that help enhance and accelerate business performance.
Transforming the way they manage risk requires business to challenge the way they think about, identify, manage, and, respond to it. Organizations need to look beyond manageable risks (financial, operational, regulatory), better align their risk and business objectives, improve coordination and alignment of risk activities across the organization, and more effectively leverage technology so that they can better respond to their different risks.
Together, we can help deliver better outcomes and long-lasting results, from strategy to execution.
What we do
Advance strategic thinking
Organizations need to focus on the risks that directly affect their purpose and business strategy. Organizations that methodically identify, assess and respond to these risks are better equipped to define responses that reduce the negative impact of risk while maximizing their potential. They think strategically about risk.
Optimize functions and processes
Once organizations have determined their risk response plans or strategy, they need to align their functions, allocate resources and design risk management processes to efficiently and effectively execute their strategy.
Organizations have historically dispersed responsibility for risk activities to specific functions. This has resulted in silos that can prevent critical information from reaching key decision-makers and undermine risk management.
If a clear operating model and processes are not defined, then communication does not flow effectively through the organization.
Organizations that embed risk management responses in the core of their business are better able to respond to risk and drive performance. They execute their risk response plans more effectively and can prevent, adapt and anticipate risk that would otherwise undermine their business strategy.
It is not about adopting one-off solutions, it is about embedding sustainable approaches that help enable an organization to remain successful.
How we can help
We build a better working world by helping our clients manage and benefit from risk.
Risk Controls Technology Services
Risk Controls Technology Services (RCTS) includes:
We help clients identify, manage and respond to regulatory compliance requirements so that they are better positioned to grow, optimize and protect their businesses.
We help clients assess, design and implement regulatory compliance frameworks and controls to address their sector-specific regulatory requirements. We help clients satisfy their regulatory requirements while establishing a framework that helps enable them to better respond and satisfy requirements in the future.
Process & Controls Improvement
We help clients optimize their processes and controls to drive efficiencies, improve risk coverage and help eliminate redundant as well as manual, labor intensive controls.
Process and controls improvement helps clients optimize their processes and controls by focusing them on risks, taking advantage of opportunities to streamline and eliminate duplicative controls and leveraging technology to automate controls. We help clients improve their overall mix of controls while reducing risk exposure so that they can better focus on running their business.
We help clients assess, design and implement scalable and sustainable application security that addresses their risk and compliance requirements while improving business processes. It also aligns to their business processes in order to drive efficiencies while reducing risk. This helps them to more effectively scale and grow their business.
We furthermore assist clients with assessing, designing and implementing application security across a variety of technology platforms, including leveraging GRC technology platforms to help monitor and test application security.
GRC Technology Enablement
We help clients assess, design, and implement an array of GRC technology platforms to better grow, optimize and protect their businesses.
We provide clients with services ranging from developing the business case for GRC technology to helping implement GRC technology platforms to address areas such as security and controls and audit, risk, policy and issue management. In many projects, our GRC technology services complement other areas we are already assisting our clients with, such as the design of application security, process controls or continuous monitoring.
Risk-enabled Performance Management
We help organizations transition from value protection to value creation, supporting their efforts not only to protect, but to optimize and grow their businesses.
We help our clients’ transition to an insight-driven and business performance-oriented approach to risk management, one that becomes intrinsic to and embedded in the business.
IT Risk Management
We help clients evaluate, design, and implement IT risk management programs support their management of IT risk and regulatory compliance requirements.
We help clients assess their IT risk management programs as well as design IT risk management programs, including governance, strategy and process, risk and control frameworks. We can help them implement GRC technology platforms to manage their IT risk management programs, automate their controls and perform control and compliance reviews and testing.
Supplier Risk Management
We help clients assess, design, and implement their supplier risk management programs that help manage and respond to third-party risks.
We perform services for clients ranging from supplier audits to supporting clients in developing and implementing supplier risk management programs. This includes assisting clients with their governance structures, policies and procedures, as well as assisting with the design of processes and controls to better manage and respond to third-party risks.
Program Risk Management
We can help clients achieve their desired outcomes for their most critical and complex programs and initiatives.
Program Risk Management services help our clients identify, manage and respond to program risks in order to improve program execution, build confidence and increase the likelihood of successful outcomes.
Risk Managed Services
We help clients improve their risk and compliance activities through our managed services offerings so that they are better positioned to achieve their strategic objectives at a predicable cost.
Leveraging our global footprint can assisting clients with their transition to an innovative, effective and sustainable managed services model while reducing the cost of compliance. We work with clients to help them:
- Improve their overall risk and control environment through controls improvement and automation
- Perform periodic monitoring and testing of risk and compliance requirements
- Leverage GRC technology to help drive risk and compliance efficiencies
- Utilize a leveraged delivery model that’s flexible
- Utilize proven project management tools and techniques