IT Risk & Control
We assist organizations in understanding risks associated with IT and emerging technologies and gaining assurance on controls pertaining to internal, regulatory and extended enterprise requirements. Our team possesses a wide range of skillsets around IT infrastructure, ERP’s, custom developed applications, service organization controls and evolving digital technologies along with industry and sector specific capabilities. We offer a broad range of services, including:
Comprehensive IT audits of your IT environment, independently or in cooperation with your internal audit function will provide a description of the IT environment, evaluation of the internal processes, assessment of the internal controls design, conclusion on the controls testing and recommendations for addressing any risks that are not being managed well.
In computer science and mathematics, an algorithm is a set of computer statements designed to perform complex calculations or problem-solving operations. Digital controls are built on these simple or more complex automated IT processes, calculations, models or even solutions that involve AI with several additional considerations such as governance, regulatory compliance and operations related risks.
Financial Sector Regulatory Compliance
Managing the compliance risk is critical for every financial sector organiziation to avoid reputational and financial loss. Being compliant with these legislations and requirements also decreases cyber risk and helps companies to effectively protect their informations and assetts.
Data Risk stands for all the processes, controls and further activities, like planning, implementation and monitoring over the management of data as an asset. Developing a strategy for this is essential for the new challenges of modern organizations, the regulatory expectations and especially for a data-driven operation.