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Amtec, a Keane company
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Operational risk management

An increasing need for good governance has given the management of operational risk a greater significance. Organisations recognise that they have a responsibility to their employees, shareholders and customers to make informed risk management decisions.
Our approach
Managing risk is difficult because risks come in so many different forms and are expressed in so many different ways. Market, credit and underwriting risks are fairly mature, but what about the risks in an outsourcing agreement or in an IT project? The costs of system failures and other operational risks far outweigh the costs of market losses in most organisations but management rarely gets to see the big picture.
Based on our expertise in operational risk management, Amtec delivers practical assistance, consulting studies and deliverables, and contract resources in many areas of risk. These services help organisations to address operational risk management issues by:
  • setting up and embedding a new risk framework.
  • advising and guiding on a broad range of risk management issues.
  • reviewing existing risk management structures and recommending improvements.
  • designing and implementing risk management programmes.
  • helping you to manage the risks of change.
  • delivering a clear and concise picture of your risks.
  • cclearly identifying priorities and solution strategies.
Benefits of our approach
These include:
  • improve communication and awareness channels and procedures.
  • integrate risk management procedures with current and future objectives.
  • improve controls and procedures to meet the regulatory requirements.
  • improve risk data collection and analysis techniques.
  • enhance management reporting.
  • embed risk management practices into business-as-usual.
 
 
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