Building an effective risk program is not an off-the-shelf operation. Risk programs are inclusive of industry trends and regulations, business size and complexity, and a variety of factors ranging from product mix to customer base. Effective programs take 3-5 years to research, build, and execute. Once this function has been created, your system functions with reduced needs while maintaining peak effectiveness. Our self-healing features can even identify when the program needs a refresh or targeted attention to ensure the features of your program remain effective.
Once your effective program has been established, our team can provide ongoing services on a fractional basis to ensure you are only paying for the time you need. As risk experts, we understand the risk function and its cyclical and unpredictable nature. When the system is operating normally, our experts apply standard practice risk monitoring services. If your organization experiences a risk event and requires an all-hands approach, our team can scale quickly to react to your business needs. We apply the required resources to scale our response to the needs of your business.
While there are a number of valid configurations of our services, we offer an approach that gives the benefits of a full-time staff through our risk liaison program. This resource operates like a full-time resource with access to a full array of risk resources. They are skilled in both risk capabilities and your unique business operations. The liaison serves as the touchpoint for senior leaders and the risk function, enabling a best of both worlds approach. The organization receives a custom risk engagement tailored to the specific needs of the business, while minimizing the expense of having a fully burdened risk team. Pay only for the services you need, when you need them, while maintaining access to a native risk advisory function.