Businesses are constantly striving to keep pace with an array of complex and often unprecedented challenges. This may introduce new or heightened risks and evolving compliance requirements. Organizations that frame risk as a source of competitive advantage can become industry leaders and may reap benefits from innovation, consumer trust and market share. Powered Risk is designed to support the risk transformation you may need to address challenges such as:

  • How can the risk and compliance functions dynamically respond to emerging risks, as well as increasingly complex regulations and regulatory enforcement actions?
  • How do I respond to stakeholder mistrust in how we handle their data or the impact of new technologies, and how can the risk function allay their fears?
  • How do I get value from my risk and compliance data and inform business decisions from solutions already in the marketplace?
  • How can I change the organization’s mindset and culture to embed risk and management and new ways of working across all operations?
  • How do I proactively manage the magnitude of risks, compliance obligations and issues facing my business?
  • How do I build tomorrow’s risk function today in the context of wider organizational transformation and balance people/automation?

Use of advanced technology in risk management

KPMG firms have helped risk departments around the world to create new value within their organization by implementing the latest technology and leading practice. Powered Risk can help advance today’s risk and compliance functions, so that an organization can confidently direct its primary focus onto core business and reduce its time worrying about risks. With Powered Risk you can benefit from:

  • Market-leading, agile, cloud-based capabilities
  • Industry-leading risk management processes
  • Support with migrating key policy, compliance, risk, and issues content
  • An array of assets and accelerators
  • A global network of experienced practitioners
  • Transformative outcomes with reduced delivery risk and increased speed to value

The benefits of Powered Enterprise Risk

  • Insights: Real-time risk reporting to help inform new strategies and improve upon existing ones
  • Savings: Reduced project timelines and cost savings linked to more efficient delivery and implementation
  • Flexibility: Services-driven risk design that adapts to your changing business requirements with reduced re-work
  • Trust: A risk program that enables trust with internal and external stakeholders

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