We believe that risk management and compliance must enable strategy execution and value creation, not simply tick regulatory boxes.
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.