Conduct Risk Management
Deliver fair and high quality outcomes to your key stakeholders
Value Proposition
- Fully comply with national and international conduct risk regulatory requirements
- Achieve higher levels of trust with key stakeholders
- Increase collaboration from the 1st line to pro-actively manage conduct risks
- Improve the quality of business decisions by considering the risk factors
- Pro-actively respond to unexpected events within the business environment to ensure adequate responses to changing risk exposures
- Rapidly escalate and report key risks to board and senior management
Key solution features
- Manage risks across key stakeholders such as customers, market participants, business partners and intermediaries
- In-built decision-making process to facilitate risk-informed business decisions by understanding the impact of decisions on the key stakeholders
- Develop comprehensive understanding of risk by identification of key causes, financial and non-financial impacts and effect on key stakeholders
- Out-of-the-box library of methods to facilitate assessment of risks for different business situations (e.g. periodic RCSA, business decision making)
- Prioritise risks through multiple methods to facilitate escalation of key risks to the board and senior management
- Capture incidents and apply learnings to enhance the level of risk management
- Identify issues and weaknesses in the risk environment and implement remediation actions to address these
- Define and monitor key risk indicators to receive early warning of significant risk exposure changes
- Pro-actively monitor emerging threats, trends and best practices within the internal and external business environment
- Facilitate the definition of extreme but plausible scenarios to assess key risk exposures and impacts to the key stakeholders
