The obligations imposed by the increased level of regulation resulting from directives such as the Basel II Accord, the Capital Requirements Directive, Solvency II, and from corporate governanace legislation such as the Sarbanes-Oxley legislation place an onerous responsibility on firms, especially in light of the increase in focus across risk management both internally and from a regulatory perspective.
It is essential to demonstrate full compliance to the regulators, while at the same time ensuring that the organisation is fully aware and in control of its risks.
Aptius Express is a service developed in conjunction with practitioners in both the financial services and organisational development fields designed to provide a high level enterprise risk analysis to an organisation. The service is designed to identify risk hot-spots and areas of potential concern for the future. The results of the analysis can then be reported to decision makers using the powerful and flexible tools that are a key part of the Aptius framework.
The service is built around a structured methodology to ensure that a coherent and thorough approach to identification of risks is used across the organisation. The design provides consistency across multiple business lines as well as allowing deployment and analysis in a timely manner. In addition, the framework can be easily extended to cover individual client requirements.
Analytics
The analytics and methodology for the framework have been developed in conjunction with industry practitioners and a leading organisational development company to ensure a comprehensive and rigorous solution.
Delivery and Analysis
Aptius Express is delivered via a set of web-based applications that are designed to gather information to allow an organisation to measure the critical aspects of its enterprise risk profile in a number of different dimensions. Information obtained is combined and analysed using the advanced tools of the Aptius framework to produce an analysis of the client organisation
Benefits
A high level enterprise risk diagnostic and health check to a business, delivered by experienced industry professionals and designed to provide comprehensive results to the business to enable it to target those areas that will benefit most from improved enterprise risk management.
Designed to be delivered to a wide cross-section of individuals within the organisation using minimum internal resources and causing minimum disruption to the day to day running of the business.
Scalable and structured, the service allows the organisation to analyse business units on a separate basis and then compare the results side by side to get an overall picture of the risk hotspots within the business.
Analysis can be carried out in a swift and highly cost effective manner.
Audit trail of all data gathered during the process provides a full record for regulatory and business optimisation purposes.
The service integrates fully with the Aptius framework to provide an enterprise risk modelling and management solution that is fully compliant with Basel III and Solvency 2.
