EY-Optro Alliance

The EY-Optro Alliance combines the knowledge and experience of risk practitioners with market-leading technology to unlock the value of connected risk management. Our services support clients throughout their Optro journey, from implementation to adoption and beyond.

The team

Photographic portrait of Scott McCowan

EY Global Consulting Risk Markets Leader

Photographic portrait of Megan Duggan

Partner, Risk Consulting, Ernst & Young LLP

How we improve risk management

The EY-Optro Alliance combines cross-sector EY risk consulting services with Optro’s category-defining audit, risk, IT security and regulatory compliance management platform to provide organizations a purpose-built offering.

Together, we provide organizations access to EY knowledge and the leading global platform for connected risk that is transforming audit, risk and compliance, helping them to:

Develop innovative, data-forward and technology-enabled risk management approaches.
Reduce cost and increase efficiency.
Improve coordination across risk activities.
Generate valuable insight to improve decision-making by combining EY knowledge with Optro technology.

Organizations are seeking integrated solutions that combine business and technology components to drive growth and accelerate time to value. The EY-Optro Alliance provides a technology-led approach to transformation, offering technology, skilled resources, training and information to solve the most complex challenges.

Scott McCowan

EY Global Consulting Risk Markets Leader

Optro technology integration and optimization services

EY teams offer services designed to support clients wherever they are in their Optro journey – whether considering implementing the platform or seeking to enhance adoption and user experience.

RFP preparation and selection
Readiness diagnostic
Workflow analysis
GRC portfolio strategy and enablement
Change management support
Implementation support (functional PMO, technical PMO, training, communication)
Platform configuration and optimization
Tech and data ecosystem architecture and integration
Reporting development
Post go-live adoption assessment
Platform effectiveness diagnostic
GRC portfolio strategy and orchestration
Dynamic risk assessment (DRA)
Controls testing automation
Risk analytics enablement
Platform support managed service
Technical account management

Transformative capabilities

The alliance represents a powerful collaboration that leverages EY knowledge, experience and technical skill to create fully integrated technology tailored to meet diverse risk needs.

Combining EY data-driven risk assessment capabilities with Optro’s connected risk platform, DRA helps businesses create a risk-informed audit plan using internal and external risk factors. Utilize qualitative, financial, operational, and external factors and third-line results to generate critical insights in your risk assessment.
Harnessing the power of automation, artificial intelligence (AI) and machine learning (ML), the RCO tool analyzes internal control data housed in Optro, helping clients to meet operational goals with greater efficiency and in-depth analytical insights. RCO offers:

Quick analysis: Employs AI/ML for rapid data processing and insight discovery
Clear reporting: Offers dashboards that distill risk and control data for clear interpretation
Control improvement: Pinpoints and suggests enhancements for streamlined risk management

EY named a Leader in independent global evaluation of risk consulting services by Verdantix

“EY’s expertise in data analytics, AI and machine learning, combined with strategic ecosystem and alliance partnerships enables organizations to enhance decision-making within complex regulatory environments.”

Read more

The team

Scott McCowan

EY Global Consulting Risk Markets Leader

Thought leader in risk management. Disrupting traditional norms of risk and compliance. Inspired by enterprise and consumer technology innovation. Husband and proud father of two. Golfer-in-training.

Boston, MA, United States

Megan Duggan

Partner, Risk Consulting, Ernst & Young LLP

Transformational risk management leader. Proud mother and wife. Devoted to family. Committed to inclusion. Passionate about solutions.

New York, NY, United States

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