Risk

We turn risks into opportunities. Know your risk, know your reward.

Risk Management

An efficient Risk Management Framework approach is always pragmatic and focused on those areas that offer the greatest potential benefit from improved performance.
We are assessing the risk management maturity level of organizations by using ISO standards and COSO framework built in our tools and methodology.

Corporate businesses, governments, and not-for-profit organizations in today’s world are facing myriad, new-fangled and unusual types of risks due to the changing environments in which they operate.

Technology innovations, new regulations, globalization, competition, political and social matters, and many other factors have changed risk profiles significantly.

Our risk management approach utilizes internationally accepted risk management frameworks and guidance, focuses on the relatively higher-risk activities and the related control structure. It results in value-added insights to the organization, including operational improvements that reduce cost, enhance revenue and improve customer experience.

We support our clients in meeting their ultimate business objectives, identifying risks affecting the achievement of these objectives, and developing and optimizing adequate and timely risk responses by designing and implementing different scenarios and mitigation plans.

Risk Management Services

WHAT DO WE PROVIDE?

• Risk Assessment and Prioritization
• Facilitating identification and evaluation of risks (providing tools and
techniques)
• Coaching management in responding to risks
• Supporting consolidated reporting on risks (co-ordination)
• Developing a risk management strategy
• Conducting organization Macro Assessment (ISO Standard & COSO
framework)
• Performing maturity assessment

Added Values

We help an organization address uncertainty as it drives toward objectives.
We assess the risk management maturity level of organizations by using ISO standard & COSO framework built in our tools & methodologies.

Our ERM covers the following Pillar

Organizational Objectives Documentation Services

We provide support to boards and related committees by delivering the following services:
Performing business reviews
Undertaking discussions with stakeholders and identifying operational, compliance
Reporting Objectives of entities and groups
Formally documenting the Strategic, Operational, Compliance and Reporting Objectives of entities and groups

Risk Profiling and Management Services

We provide support to boards and related committees by delivering the following services:
Our Risk Profiling and Management Service line documents the risks affecting organizational achievement of objectives and support organizations to manage these risks within tolerance level

Undertaking studies of business models, business processes, resources, and applicable legal and regulatory requirements in line with the environments in which the entities are operating

Identifying risks by categories that affect the achievement of business objectives

Preparing risk measurement models, presenting to clients’ management, and getting the concurrence on the impact and likelihood criteria used in the model

Determining risk appetite and tolerance levels for each risk
Applying risk measurement criteria and prioritizing the identified risks
Creating and continuously upgrading risk profile and risk register
Preparing:
  • Policies and procedures manuals
  • Standard operating procedures
  • Business process flows and narratives

    • ERM Frameworks Implementation Services

    We provide support to boards and related committees by delivering the following services:

    Added Values

    Our clients gain benefits of knowledge of the updated latest risks/emerging risks affecting their organizations and industry in order to improve their risk profile within their organizations.
    Our experts support boards and senior management to identify and implement ERM frameworks addressing their legal and regulatory requirements
    We implement and provide support to implement Number of standards to develop ERM framework for our clients
    COSO
    COCO
    ISO 31000