RISK MANAGEMENT

Risk management can be a strategic asset that drives business performance. By embedding management mechanisms that proactively identify, measure, prioritize and manage risk, leaders can gain the valuable insight they need to make informed decisions.

We advise across the spectrum of risk management, offer managed services and consulting as well as risk culture and business continuity assessments.

Our main responsibility is to define the risk management strategy and to implement common risk management standards (e.g. pertaining to reporting, processes and procedures, systems and methods). We are is also responsible for training and increasing risk awareness in the organizations.

Risk management is a continuous and systematic business process that provides support to business when making management decisions in terms of risk exposure.

The risk management process in organizations includes the following activities:

• Risk identification
• Risk analysis and assessment
• Defining strategies and risk measures
• Monitoring of risk measures
• Risk reporting.