Risk Enterprise & Management Compliance

Today’s financial organizations cannot ignore risks associated with their business and operations. Much has been done in terms of market risk within the framework of Basel II. However, profitable management of risk remains a key challenge for financial institutions. Timely and accurate identification of risks from changes in market liquidity, operational flows and market events play a vital role for banks, in addition to credit and market change risks. The sophistication of risk measurement models and systems allows a shifting of attention from Value-at-Risk rather than the concept of Expected Short Fall.

Further, risk management and control is also extremely relevant for asset and fund management institutions: regulatory initiatives such as UCITSIII, MiFID and the associated compliance rules aim at reducing market, credit and some of the operational risks.

NGR Consulting can make readily available its risk know-how by the provision of experts in this field and of project management capabilities.

“Recent events in the financial industry have forcefully demonstrated the importance of effectively managing the risks involved in the business model adopted. Clearly, it is important that internal and regulatory rules are effectively administered. Equally important is an effective and realistic view of the quality of risk monitoring efforts.”