Risk
Management
Overview
We provide services across the entire risk spectrum i.e. credit risk, market risk, operational risk and all other material risks in the portfolio of the financial institution such as concentration risk, reputation risk, liquidity risk etc.
We provide comprehensive offerings across risk types inclusive of risk aggregation at Institution level. Below diagram represents the ERM risk offerings landscape which broadly includes infrastructure, risk measurement/analytics, risk management governance, organisation, policies & procedures up to risk strategy & appetite of the institution as defined by its Board of Directors.
After the recent financial crisis, the proponents of an integrated enterprise wide risk framework have increased. ERM helps a firm to achieve its objectives while taking informed risk and avoiding pitfalls and surprises along its way. A firm needs to understand the risk it takes while achieving its objectives and how those risks which seem to be unrelated to each other and complex in nature can be integrated to get a holistic view of the risk and rewards that a firm is exposed to.
The challenges that obstruct the successful implementation of ERM framework are:
- Achieving greater efficiencies while streamlining approaches
- Challenging regulatory environment and fear of compliance failures
- Keeping pace with the business growth and complexity
