RETURN ON INVESTMENT
BUSINESS LINE MANAGEMENT
1st LINE DEFENCE
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Minimal overhead in capturing/ evidencing of control status.
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Workflow to track actions when controls fail.
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Ease of producing real-time reports.
QUANTITIVE
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Typically, reduce headcount depending on size and maturity of business line
BENEFITS OF RISK REDUCTION
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Less risk of costly control remediation programmes
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Fewer audit points
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Information easy to access and in one place.
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Allows proper oversight & assessment of control effectiveness.
QUANTITIVE
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Typically, reduce headcount depending on size and maturity of 2nd line oversight function
BENEFITS OF RISK REDUCTION
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Reduction in operational losses
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Simplifies audit process as single source of information.
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View the risk / control status with associated evidence and actions.
QUANTITIVE
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Unlikely to result in a FTE saving but quality of audits will be better
BENEFITS OF RISK REDUCTION
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Reduced fines
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Reduced regulatory scrutiny
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Reduced capital requirement
2nd LINE DEFENCE
3rd LINE DEFENCE
RISK MANAGEMENT
INTERNAL/EXTERNAL AUDIT
Supporting our Clients
Our clients span the globe including the U.K., Europe, Asia, Africa and North America.
We provide support during business hours and offer out of hours support where required.
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