Following the global financial crisis, there is a growing need for developing fully risk-vetted enterprises. Historically, it has never really been possible to predict the most extreme risk events. Each risk function varies in capability and its coordination with other risk functions. The purpose of ERM is improving this coordination and producing a comprehensive and unified end-to-end view of stakeholder vulnerability to risk events.
At Aptivaa, we possess and provide highly-experienced subject matter experts who advise banks on developing and managing the ERM framework. Our services include:
- Advising banks on effective and ideal vendor selection
- Conducting data gap and data quality analyses
- Providing assistance for developing the ideal Enterprise Risk Data Warehouse
- Developing an Integrated Finance and Risk Reporting structure