Risk Management Consulting Tackle today’s risk management challenges and seize tomorrow’s opportunities. Protiviti’s risk management services help organisations assess risk and develop tech-enabled solutions to manage risk and compliance in an agile manner and minimise potential losses.We bring leading insights and innovative capabilities to help you effectively manage risks and meet future challenges.Our team of former industry executives, regulators and analytics experts help you plan and execute data-driven solutions to protect your business and encourage growth. Survey December 7, 2023 Executive Perspectives on Top Risks for 2024 and 2034 The 12th annual Top Risks Survey report highlights top-of-mind issues for directors and executives around the globe over the next year - 2024 - and a decade later – 2034. Learn more Risk management consulting services Pro Briefcase Enterprise risk management Provide your directors with a risk-informed approach to ERM tailored to fit your organisation’s maturity, risk culture, and risk management needs and expectations to drive better business performance. Organisations demand value beyond “enterprise risk listing” activities and ERM programmes that lose momentum. Pro Document Consent Operational resilience Improve resilience through a robust testing programme, building on existing business continuity management activities, IT disaster recovery, and cybersecurity incident response. We bring knowledge across the four domain areas of operational resilience: business, technology, cyber, and third-party. Pro Document Files Operational risk management Build an effective operational risk management programme to reap both immediate and long-term benefits. It isn’t enough to be focused merely on understanding the status and limiting known risks; operational risk management objectives must evolve as business drivers change. Pro Document Stack Credit risk management Build an effective credit risk management system that enables you to identify, measure, and manage risks in accordance with your organisation’s risk appetite prior to loss events occurring. Our solutions are designed to reduce operational costs, improve the efficiency and quality of credit risk decisions, and enhance your client experiences. Pro Legal Briefcase Risk transformation We work with your organisation to design, execute, embed, and sustain risk transformation initiatives. 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. Pro Building office Third-party risk management (TPRM) One-stop solution for financial, information technology, compliance, and operational due diligence. We integrate procurement and Third-Party Risk Management (TPRM) to enhance your visibility, efficiency, risk, and cost management. Pro Workflow Flowchart Risk and compliance analytics We enable clients across industries to extract insight and translate it into prudent risk detection. We empower intelligent decision-making and help you immunise against current and emerging threat vectors, all while navigating through a complex regulatory and business environment. We can help you excel in the future Our approach Regulatory compliance and risk management run through the core of Protiviti’s mission and solutions. Since our inception, we have partnered with leaders from nearly all top global banks across a wide variety of risk and regulatory matters.Our risk management experts partner with you to provide insight and strategic vision through a unique blend of industry expertise, integrated teams, and innovative solutions to help your organisation decrease risk and increase compliance. We can help you excel in the future Featured insights BLOGS Business get ready! Australia takes another step forward with climate-related disclosure requirements The Australian proposed sustainability reporting regulation, also known as The Treasury Laws Amendment (Financial Market Infrastructure and Other measures) Bill 2024 is now before the Australian Parliament for adoption. This follows a comment period... NEWSLETTER 10 Questions to Increase Your Strategic Impact as a Board Member The role of corporate directors is to be trusted advisers to the CEO consistent with their duty of care and to exercise oversight on the shareholders’ behalf. To confirm they are fulfilling this role, directors need to periodically self-assess their... PODCAST Risky Women Radio | Women in Risk Management: Challenges and Opportunities Dive into the world of women in risk management. In this Risky Women podcast, Jenny Wong & Gayle Lacey discuss risk management challenges & opportunities. BLOGS Leveraging AI in finance – Move from theory to practice Finance leaders are actively prioritising practical AI use cases that deliver near- and long-term value. And the reason is simple: the benefits of deploying AI to strengthen specific activities are proving to be well worth the investment. INSIGHTS PAPER Value chain mapping for risk transformation in Australia’s new regulatory environment New regulations in Australia have created new priorities around governance, executive accountability, and operational resilience. The new rules raise pressure on firms to transform in multiple ways, including through value chain analysis. WHITEPAPER DORA Compliance: Untangling Key Hurdles to Implementation The Digital Operational Resilience Act (DORA), or more formally known as Regulation (EU) 2022/2554, took effect on 16 January 2023, with final industry compliance required by 17 January 2025. The regulation underscores the importance of digital... WHITEPAPER SIFMA’s Quantum Dawn VII After-Action Report The latest iteration of SIFMA’s biannual cybersecurity exercise focused on the outage of a critical third-party service provider. The simulation and concluding survey found many financial institutions are already experienced with the loss of a... WHITEPAPER CPS 230 – APRA’s new standard to improve operational risk and resilience On 17 July 2023, the Australian Prudential Regulation Authority (APRA) released the final new prudential standard CPS 230 Operational Risk Management, which is mostly aligned to requirements in other jurisdictions, including the United States, the... BLOGS Australian banking regulatory projects need more product manager support With so many changes to contend with in what feels like a never-ending series of unforeseeable events impacting people, processes, innovation, infrastructure and industries the world over, it’s a time of heightened risk and change on so many levels.... Button Button Quantum computing helps financial services organisation improve portfolio optimisation A joint team of quantum computing engineers and financial analysts at this industry leader in digital financial services, led by a forward-thinking CIO, knew they wanted to take advantage of quantum computing to solve unique challenges that could not be handled with classical computing alone. Read more Leadership Mark Burgess Mark is a managing director and Protiviti’s risk and compliance solution lead. With over 17 years of risk and regulatory compliance experience in the financial services industry, he has a proven track record delivering deep insights for his clients.Mark has spent a ... Learn More Matthew Pirera Matt is a managing director in Protiviti Australia’s risk and compliance team and is responsible for leading the delivery of best practice solutions across Protiviti’s key clients. Matt is the national financial services industry lead, also leading the Protiviti ... 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