The world of financial risk management is changing rapidly. New technologies are disrupting the financial industry forcing financial institutions to change their processes. Banks and insurance companies fall under heavy scrutiny from the regulators and are required to adhere to new laws and regulations, often fundamentally changing their modelling and reporting processes. At the same time, local and country risks (e.g. Brexit) are stretching existing risk frameworks.
At ACE, we help your organisation adapt to the game with a strategy that promotes efficiency and solid results. We utilise our expertise to assist clients in maintaining control of their portfolio and associated risks while adjusting to new technologies and processes.
In our previous assignments, we provided support for a global bank on implementing an end to end group risk data capability to support modelling and regulatory reporting. This included upgrading the existing programme management setup for implementation of the new capability (Governance, communication, reporting, monitoring, risk & issues management, team building).