Risk Management >

 Risk Consulting Services

The Strategic Thought Risk Consultancy Services teams provide risk and compliance consulting services as well as providing expert assistance in the implementation and use of our risk management software products. The team, based in the EU and US, provides customers and potential customers worldwide with consultancy and packaged services.

Enterprise Risk Management is about enhancing corporate value. Strategic Thought Risk Consulting Services can help you achieve this. Benefits that we can help you achieve are:

• Increased profits through the application of a risk-based approach to your business.
• Increased project success and value achieved with Active Risk Manager through our expert Implementation services.
• Enhanced and measurable corporate value through increased productivity and efficiency in your risk management function.
• Enhanced corporate value through the integration of different management disciplines and processes and collaboration – risk forms only a part of this but can be the driver to deliver these further benefits.
• Targeted reduction of losses and insurance premium costs.
• Enhanced capability of your risk management team through the delivery of pragmatically focused training in the basics and advanced risk management concepts such as reserve management and quantitative analysis.
• Help in developing your risk and opportunity management framework in conjunction with published standards thereby offering a consistent, referenceable and pragmatic approach to risk management that is proven to deliver value.
• Achieving reduced compliance costs using a return on investment approach.
• How to move from a control based approach to compliance, to a risk based approach.
• Assistance in moving the maturity  (and therefore benefit) of the risk processes forward through a benchmark model using a capability (or risk) maturity model.
• Better prioritization of expenditure of capital and resources on those activities that enhance corporate value.
• The formulation of an ERM strategy and vision that can be used to answer leading and increasingly frequent questions from regulators and rating agencies, as well of course in leading to increased corporate value by consolidating and aggregating all risk and compliance management into a single enterprise wide deployment strategy.

Our services fall into three different work groups  -  pure risk management consultancy services, services associated with implementation of our risk management software products and development and consultancy services involving the integration of your existing systems and processes into your risk management process.