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A spate of high-profile business failures and the emergence of tougher regulations have put organizations under pressure to manage financial risk more effectively. Client organizations have to be aware of the need to manage credit, market, liquidity, and |
operational
risk, as
well as
maintaining
sufficient
levels
of
economic
capital
to
support
the
risks
facing
them.
Risk
management
is
highly
complex,
with
risks
often
interrelated,
and
requiring
sophisticated
tools
and
techniques.
Sarbanes-Oxley,
Basel
II,
Solvency
II and
the cost
of
capital
require
organizations
to
improve
their
practices.
This
ultimately
helps
management
to view
risk as
a major
part of
corporate
strategy.
Why
KPMG? -
An
Integrated
Approach
KPMG's
Global
Risk
Management
team can
help
design
and
implement
a
framework
to
manage
or
reduce
risk.
KPMG
professionals
help
clients
create
an
overall
framework
that
satisfies
the
demands
of
compliance
and
allows
them to
identify,
monitor,
measure,
and
report
risks
leading,
ultimately,
to
better
strategic
decision
making. |