Performance

Risk Advisory - Turning risk into strategic advantages

Within the last year, we have won big and exciting projects for some of the largest Danish companies. Projects we could not win before because we did not have the necessary competencies in Denmark. Therefore, we are proud to see how our business has developed with the right talents and through close collaboration with our European colleagues.

All our service lines have shown good results in FY21 except for Cyber Risk, where we had to write off a few large client projects, divested and streamlined the business in order to transform the business to meet future market opportunities and growth. Hence, we end the year with negative growth of 9 per cent, but with a strong foundation that leaves us well-positioned to serve our clients in the future - where the outlook for cyber advisory is very promising.

Digitalisation and resilience have become top priority

While many businesses had embarked on their digitalisation journey, the pandemic has certainly accelerated the pace and pushed digitalisation to the top of the agenda across all industries. Consequently, we see an increasing demand within digital transformation and cyber security services as businesses strive to build more agile, data-driven and sustainable organisations.

We have invested greatly in sustainability the past year, and we will continue to expand the team. Climate and sustainability will be viewed as an integral part of every future strategy and transformation project. It is simply good business to act sustainably, both within organisational structures, value chains and towards society. As it is an extremely broad agenda, we collaborate across all business units in Deloitte, so that we can bring the right set of competencies when we advise our clients within this complex field and support our clients throughout their sustainable transformation.

A diverse team of digital resilience specialists

Risk Advisory enables clients to leverage digital technologies, manage risks and build resilience by delivering second to none risk specialists. Within the more classic risk areas such as regulatory risk, financial risk and accounting we have a pool of strong talents and competencies which we combine with our skilled specialists within SAP, cloud, artificial intelligence and cyber security. By combining these competencies, we service our clients with powerful tech-enabled risk solutions. This combination is extremely strong and one of a kind in the market. And it fosters a diverse and innovative culture that helps us attract and retain the right talents, which is incredibly important as we aspire to be our clients’ preferred partner.

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