Enterprise Risk Management
Manage enterprise risks to successfully achieve your strategic objectives
Value Proposition
- Increase likelihood of achieving business strategy and objectives by incorporating risk in the strategy definition and execution process
- Enhance the level of strategic and operational resilience
- Achieve enhanced collaboration from the 1st line in pro-active management of risks
- Improve quality of business decisions by identifying, analysing and evaluating risks
- Rapidly identify and escalate key opportunities and threats to board and senior management
- Align the business strategy with operational execution to achieve the optimal balance between business objectives and managing risks
- Pro-actively respond to unexpected events within the business environment to ensure adequate responses to changing risk exposures
- Fully comply with national and international enterprise risk management regulatory requirements
Key solution features
- Manage risks across key categories such as strategic, operational, reputational, credit, market, liquidity and regulatory
- In-built decision-making process to facilitate risk-informed business decisions by understanding the impact of decisions on the risk profile
- Develop comprehensive understanding of risk by identification of key causes, financial and non-financial impacts and effect on business objectives
- Out-of-the-box library of methods to facilitate assessment of risks for different business situations (e.g. complex business decision, strategic projects)
- 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
- Manage and monitor strategy execution through monitoring key performance indicators (KPIs) and key risk indicators (KRIs)
- Pro-actively monitor emerging threats, trends and best practices within the internal and external business environment
- Facilitate the definition of extreme but plausible business and risk scenarios to assess key risk exposures and impacts to the business strategy
