Risk Management Solutions
For Banks, NBFIs & Insurance Houses, we provide the following services:
- Strategic Advisory in alignment with local laws, statutes & regulations towards organizational performance enhancement, enterprise loss reduction and increased profitability across all product lines, services & operations
- Wholistic advisory on risk management best practices in alignment with UAECB and Basel 2, 3 & 4 guidelines.
- Development of ICAAP, Risk Appetite & Stress Testing frameworks to address both Pillar 1 & 2 risks, tier-1 & tier-2 capitals as defined in Basel Committee on Banking Supervision (BCBS) and UAECB through their various guidelines, regulations & instructions.
- Consulting & Advisory services on prevention of various types of enterprise frauds & financial crime (both internal & external) on a proactive basis and recommend process re-engineering & system automations where necessary including conduct of training.
- Consulting & project management solutions on risk data aggregation projects in Banks & NBFIs as mandated by UAECB
- Hosting solutions for outsourcing of the complete suite of operational risk management for Banks, NBFIs, Insurance Houses etc. in compliance to BCBS guidelines and UAECB Regulations.
- Consulting & Advisory services on transfer of enterprise risks to insurance with a view to minimize enterprise losses through a track two approach.
- Independent investigation services to conduct deep dive investigations to find the root causes that led to major losses to the organizations either due to errors & omissions or internal/external frauds. This service also includes an advisory for prevention of such recurrences & business process re-engineering & system enhancements.
- Bespoke Consulting & Advisory Solutions towards business process re-engineering initiatives, enhancement of internal systems & applications & project management for multiple industries ranging from manufacturing, supply chain, construction & contracting, hospitality, health care, automobile and financial services.
- Consulting & Advisory on trade services like preparation & validation of complete documentation for issuance of letter of credits (LC) and Bank Guarantees for companies & corporates of varying balance sheet size.