|
Enterprise
Risk Management |
Corporate
boards, CEOs, CFOs and other members of the senior leadership
team are facing unprecedented levels of business complexity,
changing geopolitical threats, new regulations and legislation,
and increasing shareholder demands. To address these challenges,
business leaders are embracing the discipline of enterprise
risk management in the planning and assessment of strategic
objectives, and the monitoring and reporting on risks associated
with those objectives. |
|
Enterprise
risk management (ERM) is the process of planning, organizing,
leading, and controlling the activities of an organization
in order to minimize the effects of risk on an organization's
capital and earnings. Enterprise risk management expands
the process to include not just risks associated with accidental
losses, but also financial, strategic, operational, and
other risks. |
|
| |
|
| Key
feature |
|
We
help organization get where they want it to go while avoiding
hazards and shocks along the way. It entails more than balancing
risk and reward, and it goes beyond regulatory compliance.
It’s about embedding risk management into everyday
processes at all levels of the organization in order to
truly drive business evolution. |
|
| |
|
| How
does it works |
|
We
provide risk and compliance solutions include a purpose-built
component for enterprise risk management. The enterprise
risk management functionality enables an organization to
assess strategic risks and objectives across the enterprise,
link strategic objectives with enterprise risks, minimize
loss and enhance the decision-making process, our risk and
compliance solutions offer a consistent and sustainable
framework for identifying and managing enterprise risks
resulting from failed processes, people, systems or external
events. |
|
| |
|
| The
frame work ERM |
|
Reduced form and structural
models |
|
Implied PD models (risky bonds
and credit default swaps |
|
Logistic regression PD models
with user-defined variables |
|
Expected loss distributions and analysis |
|
Macro risk factor analysis |
|
|
Economic capital modeling. |
|
| |
|
Using
the Frame work of enterprise risk management, we can help
safeguard businesses against losses, earnings surprises
and reputation damage by strengthening the management of
strategic, market and other financial risks and can provide
more effective controls over non-financial risks such as
fraud, systems failure and breaches in compliance with regulatory
and corporate guidelines. In addition, the enterprise risk
management functionality supports an improved decision-making
process by providing a clearer understanding of businesses
objectives and associated risks, and offering more focused
management information and delivering a better understanding
of the trade-offs between risk and reward. |
|
Financial
institutions/ Government Institution/ oil companies/ logistics/
health and Academics are good examples of companies that
can benefit from effective ERM. Their success depends on
striking a balance between enhancing profits and managing
risk. |
|
Business
risk management, holistic risk management, and strategic
risk management are synonyms. The system can be used effectively
for identification, tracking and monitoring of all of your
operational risks to help you develop and implement effective
risk management policies. The system goes beyond simple
regulatory compliance to help you fully optimize your business. |
|
