ENTERPRISE RISK MANAGEMENT CONSULTING
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ENTERPRISE RISK MANAGEMENT (ERM) SERVICES

An effective enterprise risk management (ERM) program, on the other hand, identifies and quantifies all risks – not just compliance-related risks – and establishes formal, end-to-end risk management processes. Because ERM covers a wider spectrum of risks, a robust ERM program allows client not only to mitigate or avoid losses but also to facilitate critical decision-making by evaluating uncertain events that could positively affect client’s business. ERM will also help client identify emerging risks more quickly and improve the capabilities of the risk management system to handle them.

In today’s economic environment, there are various organizational stakeholders who need to better understand the broad spectrum of risks to ensure they are proactively managed and, if necessary, remediated in a timely manner. Companies need to be in a position to react quickly to risk situations in order to alleviate the impact of potential financial, regulatory, and reputational risk in the market. Enterprise Risk Management (ERM) is evolving to address their needs and provide that platform.

DFRC recognizes that each organization requires a customized approach to meet its Enterprise Risk Management goals, and we understand the concepts and challenges of implementing and, more importantly, operationalizing ERM programs for financial institutions of all sizes.

Our seasoned professionals design and implement practical ERM programs that are scalable, sustainable, and reflective of an organization’s risk profile. This also provides institutions with the tools to help them accomplish strategic business objectives while managing the risks to those objectives.

For companies that have established ERM programs in place, DFRC has the expertise to analyze and assess those programs, provide benchmarking to industry best practices, and recommend enhancement and change management opportunities.

Whatever the Enterprise Risk Management need, DFRC can help you reach your goals

 

BUSINESS CONTINUNITY MANAGEMENT SERVICES

DFRC creates Business Continuity Management (BCM) value by developing practical, cost-effective plans that can actually be executed during an interruption, and do not simply rely on mythical best practices. Our dynamic methodology has been tested and proven in all industries and aligns with clients’ investment in other pressing business, regulatory and compliance issues, including corporate governance.

We offer BCM services that are business-oriented and based upon the risk and impacts relevant to an organisation’s key business processes. Back-up strategies alone are not sufficient any longer. Our planning focuses on the evaluation of those people, processes, technology and data that are vital to clients’ operation. Our BCM approach relies on the expertise of our Certified Risk Professionals/Managers when developing strategies and plans.

Our cocktail of BCM services includes risk assessments, business impact analyses, recovery strategy development, plan documentation, plan testing, training program development, and program audits and assessments.

 

DFRC’s BCM services add value for our clients in the following ways:-

  • Business Alignment – Helps match IT disaster recovery capabilities with business expectations and integrates with regulatory and compliance programs.
  • Business Impact Analysis – Identifies threats, risks, exposures and impacts relevant to clients’ business.
  • Strategy Design – Focuses on the mitigation of threats, risks, exposures and impacts to a tolerable level.
  • Testing & Maintenance – Standardizes an approach for organisations to own, maintain and test their BCM programs.
  • Holistic Approach – Implements Business Recovery, IT Disaster Recovery and Crisis Management across the enterprise.
  • Plan Development – Builds, maintains and executes BCM content that produces consistent, repeatable BCM processes that can be applied across the enterprises a recurring basis.
  • Automation – Uses PACEmaker ( a tool-set that applies an analytic approach and methodology to produce results, and serves the key component of our knowledge transfer process) and DFRC-designed plan templates to support effective plan development and maintenance (e.g. personnel information and recovery resources)