Enterprise Risk Management
Integrated approach to identifying and assessing business-critical risks
In an era of increased regulatory scrutiny, complexity and rapid rate of change, Risk can take many forms across the entity, from the routine to catastrophic; from known to the unknown. In the pursuit of growth in an increasingly global economy, an accelerating rate of change may be the only certainty. New technological and competitive forces; increased regulatory scrutiny and complexity; extended business models; increasing reliance on third-parties – these are but a few examples of areas of accelerating change and complexity confront companies today.
Traecit’s Risk Consulting service can help your organization apply an integrated approach to identifying and assessing business-critical risks, evaluating existing risk management infrastructure elements, and constructing continuous, in-depth ERM processes.
Our Approach
Risk Mitigation Process
Identification
Identification, Assessment, Analysis and Prioritization of risk
Evaluation
Risk Analysis and Evaluation for prioritised implementation
Analysis
Analysing Current State vs. Benchmark for GAP Analysis
Reporting
Industry standard Risk Reporting best practices
Assessment
Risk Identification and Risk Assessment
Implementation
Organization wide Risk framework design, Implementation and reporting
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