Risk Management & Information
With the publication of the Belgian Corporate Governance Act of 6 April 2010, risk management and reporting is becoming one of the key agenda points of the Board of Directors of listed companies.
While you may have already invested considerable time and money into strengthening your risk management frameworks and processes, it’s possible you still struggle to incorporate knowledge of your risks into your businesses’ strategic planning and frontline operations.
How can you energise your drive?
Properly managing risk information is essential to lead, secure, protect and optimise a firm’s franchise and value chain. To do this, you may
- envisage upgrading your business intelligence and aligning how risk and management information is gathered, managed and consolidated throughout the company
- expect to make your risk management more efficient by eliminating conflicting agendas and siloed views
- want to have a cockpit dashboard giving an overview of your company’s key risks, enabling a further “drill down” to more detailed information
- are searching to align risk and performance and define a risk appetite framework
- want to ensure that the allocation of resources is appropriate at all times and conforms to your risk appetite and exposures
- want to demonstrate your risk management commitment to the market, investors and stakeholders
- want to enhance and secure your disclosure of risk information
- want to accelerate the risk information process and fast-close your assessments and reporting
- have invested a lot, you are boosting new changes, you are expanding your activities and you want to protect these investments and keep “the overall helicopter view”
Going beyond solutions
To tackle you challenges, we have a new suite of solutions that include
- an “ownership review” tool and benchmark capabilities that shed light on your maturity with respect to risk management and allow you to evaluate the effort needed to stick to your risk appetite and tolerance
- in-depth, proprietary analysis of the tactical and strategic risks
- a proven capability in designing, tailoring and implementing executive risk dashboards and cockpits that support your drive
- solid experience in data processing and fast-close programmes
But maybe you need more than just a solution? We have a truly distinctive capability to address risk management at tactical and strategic levels. As your partner, we will work together to energise your drive and enable you to think of risk information the way you need to at board, executive committee and line management levels.
Read more: Risk reporting and risk management information