Operational risk permeates every facet of a firm's operation.  It is the risk resulting from inadequate information systems, people-related risks, operational problems, breaches in internal controls, errors, fraud, compliance issues and unforeseen environmental & catastrophic events.

 

A strong operational risk management (ORM) framework will help firms:

• improve the reliability of their business operations

• improve the effectiveness of their risk management programmes

• make better informed decisions and business risk taking

• reduce losses and compliance costs from poorly identified risks and controls or unlawful activities

• build stronger relationships with customers and stakeholders

• achieve better performance and improve competitive advantage

 

Our ORM services offer a framework that empowers firms to implement appropriate processes that will minimise risks and achieve organisational strategy, targets and values. We will be pleased to have an initial meeting with you, free of charge, to discuss how we can support your operational risk management needs.