The regulatory and compliance landscape has changed dramatically, and continues to change as does regulatory fines and other penalties. Taking a box-ticking approach, built around ad hoc spreadsheets or manual processes with disparate ways of working doesn’t meet regulatory or board demands; and does deliver business value.
Managing risk, specifically enterprise and operational risk has emerged as business critical over the last 10 years. The role of CRO has emerged as a critical member of any executive team.
The risk landscape continues to evolve with greater focus on risks such as Conduct Risk, Cyber Risk, Vendor or 3rd Party risk.
With increased business uncertainty, challenging economic circumstances, rapid technological change and rapid innovation, the ability to align operationally and execute strategy within clearly defined risk appetite boundaries is a critical management discipline and the key to delivering business value.
Frustrated that your people are spending too much time manipulating data with spreadsheet ‘systems’? Concerned they don’t have time to analysis the data to generate decision-making insights?
Too many spreadsheet restricting your team's ability to respond effectively to board and regulatory demands.
Good management reporting should deliver timely, accurate and concise decision-making insights. Sadly, for many firms the promise of good management reporting has yet to be delivered. Often reports are cobbled together using ad hoc spreadsheets or PowerPoint, often with poor data, little analysis and few, if any decision-making insights.
ICAAP & Pillar 2 disclosures are central to a firm’s regulatory obligations. CRO’s and the Board must ensure high quality and comprehensive disclosures to avoid further regulatory intervention and ensure the firm holds the right amount of capital.
Following the introduction of the Senior Managers & Certification Regime and the roll out of conduct rules by the PRA & FCA, firms have greater demands to clarify accountabilities and embed these into their GRC framework and company culture.
Many CRO’s have a clear vision about where they want to take their GRC framework and approach but they struggle to engage the senior team and find it difficult to generate support within the business. How to drive and sustain cultural change and embed the right culture and deliver significant value to the business without creating a cottage industry.
With the level of regulatory demands and change, and challenging low interest rate and competitive environment, Boards are demanding assurance that their firms are meeting their regulatory obligations, delivering their stated strategic objective and operating with clear risk appetite boundaries. Boards must be confident to pass these assurance to their regulators.
An Integrated Governance, Risk & Compliance software solution built on Microsoft SharePoint.
Our cloud service built on Microsoft Azure platform used to deliver cloud and hosted environments.
An Integrated Governance, Risk & Compliance software solution built on Office 365.
StratexStream is an external loss and GRC benchmarking datafeed based on anonymized customer data and external sources.
User-friendly, Monte Carlo simulation software solution for modelling operational risk & economic capital.
We provide a number of service roadmaps to support the implementation and embedding of our software tools.
We recognise to deliver real and lasting business value; process and cultural change must be delivered alongside software change.
We provide training related to our software tools and supporting methodologies and business processes.