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Nexus Digital Nerve Center™
Discover what Nexus can do for you
Business is evolving at a rapid pace and so is risk. Traditional risk management and the way in which business and related risk and controls are monitored must evolve with the same speed and sophistication.
Your business is vulnerable.
But it doesn’t have to be. It is possible to develop an evolved understanding of risk and get ahead of emerging risks while deriving value. We have demonstrated that dynamic risk management protects and powers performance. Imagine enhancing your ability to grow while reducing costs, know what’s important, and move on what matters.
Advances in technology propel the discipline of risk management and controls, changing the game from the pursuit of what’s necessary to the art of what’s possible. When you empower human intelligence with the right mix of artificial intelligence, technology, and digital processes and controls, you elevate the work of your best and brightest. This allows you to keep your finger on the pulse of the business and to anticipate the opportunities and challenges around the corner.
Nexus leverages three foundational pillars to operationalize your transformation:
Gain near-real-time intelligence and transparency into the operational health and risk posture of a business, along with the capability to help you take action
• Persona-based dashboards for monitoring and managing your KRIs and KPIs
• Transparency across the business at a macro level, supplemented with drill-down views to monitor areas of concern and root causes
• Analytic insights incorporating AI, machine learning, and predictive capabilities to uncover trends and insights within processes, risks, and controls
• Workflow technologies to improve business processes
Tap into data analytics powered by AI, workflow, and automation that promote efficiency and effectiveness, helping you mitigate risk across end-to-end processes
• Digital controls modernize design, implementation, and controls testing capabilities and proactively trigger corrective actions that mitigate exposure and reduce residual risk
• Centralized, scalable, and repeatable assets that bring data-centric risk insights, visibility, and enhanced governance that cut across organizational silos, influencing process change and strengthening controls resilience
• Reduced manual processes and improved automation for the controls landscape
Operationalize new ways of working to create a richer, more rewarding career path while managing to better outcomes for the organization
• Resource optimization: Create a more interchangeable, location-agnostic workforce that can load-balance based on business and risk priorities
• Enhanced productivity: Processes are executed via centralized workflow tools, and current work is further enhanced through digital full-time employees (FTEs)
• Centralized work manager and digital workbench: Ability to align workforce management with priorities and escalations, enable scale and collaboration, and augment capabilities with a digital workbench
• Ability to provide meaningful people and technology assistance to organizations to help stand up your program and operate it for you, or with you
Why Deloitte
Nexus combines advanced technology and the highly skilled professionals of our leading Risk & Financial Advisory practice. Deloitte is well-positioned to help you address your most strategic and complex challenges by leveraging Nexus’ assets and accelerators infused with human, risk, and artificial intelligence, and our state-of-the-art CortexAITM platform providing data aggregation and analytics capabilities. Find out why Deloitte is recognized as a Leader in the Gartner® Magic Quadrant™️ for Data and Analytics Service Providers 2022.
Future of Work: Ways of working in uncertain times
Global, multidisciplined workforce
- Data scientists, engineers, and developers
- Risk and control specialists
- Depth across all industries
- Design theory and visualization capability
- Stress tested scalable, standardized methods, tools, and talent
Risk and Regulatory Process Transformation Center of Excellence
- Identify dependencies among processes and rationalize multiple versions of similar risks and controls
- Determine which processes may be at greater risks for events
- Discover common risk types that impact processes for proactive risk management
- Gain insights from our extensive library of risk and control collateral
End-to-end risk and control data aggregation ecosystem
- Risk data management services design and provide a high-quality data pipeline
- Enterprise system integration services connect disparate systems and facilitate automated processes
- Controls modernization services transform internal controls and lower total costs
- Our Digital Controls Rapid Assessment identifies and prioritizes candidates for digitization across three dimensions (value, complexity, and risk)
Learn what Nexus can do. Contact us for a demo
Please complete this form to request a demo, and we will reach out as soon as possible.
Future of Controls
In this global perspective on the Future of Controls (“FoC”), we examine the evolving risk landscape and key trends that are influencing internal controls. We offer a clear Future of Controls vision aligned to a wider business strategy, share relevant case studies, and dive into the three levers that help you assess your current state and shape your journey to achieve your vision.
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