Not for nothing have more and more rules come into play for the management of operational risks (Solvency, etc.). After all, operational risks are always present. People, systems and processes unfortunately never work perfectly. Therefore, the trick is to minimize the impact of the risks. In the most efficient way possible, in good cooperation with other functions within the Three lines model.
Our ORM services
Operational risks can have a significant impact on daily business operations. That's why we offer comprehensive Operational Risk Management (ORM) services. Our approach is based on the latest insights and best practices.
ARC People can support you in the area of ORM including:
- Defining the principles for ORM,tailored to the specific needs of your organization. This ORM framework includes policies, procedures and controls to effectively manage operational risks.
- Recalibrating your current risk & control frameworks.
- Conducting repetitive risk assessments (such as the ORSA under Solvency).
- Assessing the effectiveness of your current operational risk management.
- Comprehensivereporting services to provide insight into the status and trends of operational risks within your organization.
- Modernizing your approach, through the use of data analytics, process automation, AI or continuous monitoring.
If you choose to hire one of our experts, you undoubtedly have a preference for a particular construction. With ARC People you can go several ways: an expert on a one-time interim basis, continuous addition to your existing team, or complete outsourcing of a function or project.
Risk management: a broad field of work
The Risk or Internal Control manager's field of work is broad and diverse. ARC People provides senior expertise on a variety of in-depth risk topics, whether within the operational, financial or IT spectrum. Feel free to challenge us on our experience with the specific topic you have in hand.
More information on this topic
Are you interested in learning more about this topic? If so, please contact me or one of my colleagues. We are ready to answer your questions and help you further.
Our expert team, with years of experience, is ready to support you and offer personalized advice tailored to your specific situation. We strive to respond to your inquiries as quickly as possible so that you are always helped quickly.
