KPMG Powered Risk

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. Organisations that frame risk as a source of competitive advantage can become industry leaders and may reap benefits from innovation, consumer trust and market share.

Risk in some organisations, it’s a four-letter negative word. But it can also be a positive when you take a big-picture view and go beyond just protecting the business. Risk can be about creating value and actively pursuing opportunities.

Sure, it’s still critical to keep your eye on emerging risks, complex regulations, and compliance. But you also have access to a lot of data that can inform smart business decisions. And with the right processes and technologies in place, KPMG can help you transform and elevate your risk and compliance function to promote new thinking.

KPMG Powered Risk is a transformation solution built to help you start with a model answer that reduces time spent on worrying and increases time thinking about the business. With access to our leading practices learned from working with numerous global organisations, and our pre-configured tools and processes that can be customised to align with your needs, you can save time and build an agile operating model and technology stack.

Powered Risk is designed to support the risk transformation you may need to address challenges such as:

• How do I build tomorrow’s risk function today in the context of wider organisational transformation and balance people/automation?
• 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 get value from my risk and compliance data and inform business decisions from solutions already in the marketplace?
• How can I change the organisation’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?