The Risk services offered by Deloitte CIS provide solutions and frameworks in the areas of risk analytics and measurement, risk reporting, and risk data management to help companies design, implement, and improve their infrastructure (processes, data, and technology) related to specific risks (e.g., governance, strategy and planning, operations/infrastructure, compliance, and reporting) affecting the organization. This includes data analytic techniques to enable ongoing monitoring, the build-out of data management capabilities, and development of KPIs.
We work with organizations to implement risk appetite and utilization monitoring capabilities and to establish related risk governance structures needed across the enterprise. Deloitte CIS professionals can assist with developing a strategic approach to managing risk that simultaneously addresses management expectations and provides solutions for both risk management and regulatory compliance.
The Risk Assessment, Monitoring and Management services focus on designing, implementing, and improving specific risk capabilities such as the following:
- Risk governance and oversight
- Risk policies and procedures
- Risk identification and assessment support
- RCSA programs
- Risk analytics
Risk assessment, monitoring and management
The Risk Benchmarking and Analysis services assist clients in assessing and benchmarking risk management capabilities against regulatory requirements and industry practice expectations.
Risk benchmarking and analysis
Risk Management Processes and Systems services include assisting clients with evaluating risk management process efficiency and effectiveness considerations.
Risk management processes and systems
The Risk Reporting and Monitoring service focus on assisting clients with the establishment of a documented and consistent reporting process for management and regulatory risk reporting.
Risk reporting and monitoring
The Risk Management Implementation and training services focus on assistance with developing and rolling out varied role-based, risk-oriented training for managers and employees involved in the risk management process.
Risk management implementation and training
Risk & Compliance Journal from The Wall Street Journal
Deloitte writes and compiles a regular stream of content and timely features on risk, cyber, regulatory, and compliance matters—research, topical digests, perspectives, insights, and technical analysis—which appear in a separate module of Risk & Compliance Journal, an online publication from The Wall Street Journal.
As risks rise, boards respond
A global view of risk committees
Boards of directors have been working hard to fulfill their risk oversight responsibilities in a challenging environment. Regulations are changing rapidly in most industries, and vary significantly across countries. Investors, analysts, and the public are demanding greater transparency into risk and risk management, as are creditors, counterparties, and other stakeholders. Many boards legitimately wonder not only what regulators want, but also which approaches to risk oversight actually work.
With today’s heightened awareness of the need for anticipating and managing risks in an evermore dynamic and uncertain environment, boards, audit, risk and compliance committees and C-suite executives are striving to better understand the broadest range of their actual or potential risk exposures and the effectiveness of their governance, risk, and compliance infrastructure. For this reason, Deloitte Luxembourg has chosen to dedicate the third edition of their Inside magazine to the wide range of professionals involved in governance, risk management, compliance and internal audit issues.