Traditional risk management frameworks and “check-the-box” approaches are being tested against a modern set of challenges. Organisations can no longer afford to react to the regulatory environment; they must stay ahead of it. To remain compliant and competitive, a more innovative, agile, and digitised approach is not optional, but necessary.
Worthwhile risk transformation does more than reduce the risk of non-compliance and regulatory penalties. It creates real business value by reducing operational costs and improving the efficiency and quality of risk decisions. At Protiviti, we use technology, innovation, data and analytics to transform the field of risk management.
Our risk transformation professionals focus on solving real client/industry issues across all dimensions of change: people, process, and technology. We work with clients to define tailored roadmaps to success; design, prototype, build and deliver risk transformation services; enhance skills and capabilities; and, as appropriate, provide on-going support through managed solutions.
Successful transformation is based on a deep understanding of people — how and why they change behavior. Transformation aligned to poorly adopted strategic visions will not drive the commitment needed to sustain the course. To ensure this effort maximises the organisational value, you must define a journey that puts your people at the center, aligns strategic vision with shared reward, and business success with individual success.
A forward-looking organisation aligns business objectives with risk appetite to achieve competitive advantage and a future-ready workforce. Our transformation experts embed a culture of change and innovation across the three lines of defense to transform the field of risk management.
An organisation’s processes and controls are the foundation of its risk management system. If designed well, they embed a culture of efficiency, quality, and compliance that permeates throughout the business and improves the customer experience. However, if designed poorly, they expose an organisation to unnecessary risk that increases cost across every line of defense.
Our integrated digital solutions harness data analytics, artificial intelligence, and machine learning so your organisation can reduce risk, increase revenue, and quickly meet evolving regulatory expectations. We empower our clients to garner data-driven insights and make real-time decisions.
Arm yourself with the technology and the mindset to face the future of risk and compliance. Learn more about how Protiviti will launch you into the future of risk management and transform your organisation from the inside out.