Financial Risk Management

Risk management is becoming increasingly important in enterprise businesses: more so for banks and insurance companies. However, the field is gradually extending to include all other business sectors. Information systems have shown their added value regarding risk management, in terms of planning, outcome analysis and of course, control, to prove regulation compliance to authorities.

The Business & Decision Consulting Offering

Business & Decision has established a practice and dedicated offerings for the management of Governance, Risks and Compliance. Business & Decision’s risk experts have the required skills and experience to design and implement solutions that can provide risk managers with an integrated view over a large range of risks.

Since 1997, our risk consulting teams have developed solid experience in the integration of risk management systems within financial institutions.

The practice consolidates the following:

• Industry-specific experience, with a thorough understanding of the banking and insurance sector’s intricacies
• Business knowledge that is specific to risk management and related regulations
• "Business Intelligence" and “Enterprise Information Management” Information Technology (data quality, repositories construction, unstructured data management and data integration)
• Mathematical, statistical and data mining expertise that is required for underlying modelling
• Consulting, project management experience and project management assistance to project owner

• Systems audit capabilities, both in terms of data quality and processing

Business & Decision provides support for companies during the entire risk control initiative, from situation audit and analysis through to continuous improvement programs, through needs identification and project delivery and acceptance. Moreover, our risk consultants have a total command of the solutions offered by partner software vendors.
 

Key Areas

• Credit risk
• Market risk
• Liquidity risk
• Operational risk
• Economic capital
• Regulatory capital (Basel II & Solvency II)
• Anti-fraud and anti-money laundering
• Environmental risks (Carbon Accounting - Bilan Carbone®, determination, reduction initiatives and greenhouse gas emissions tracking)
• Law on new economic regulations
• Health, safety and environment
  

Business & Decision’s partnership with the key risk management tool vendors, such as SAS and Fermat, or the ADEME, ensures that we have access to the most recent market information regarding tools and methodology, as well as a proven implementation capability.