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Digital Risk Platform
Digital Risk Platform
The KPMG Digital Risk Platform enables organizations to better understand the risks in achieving their strategic objectives.
Digital Risk Platform, a new way of strategic risk management.
The challenges
In a world that is increasingly becoming more digital and where regulatory pressure is escalating, agile risk management is fundamental for companies to succeed with their strategic initiatives. Despite big investments, current Governance, Risk and Compliance tooling, or GRC tools, falls short in delivering the insights required. Practices are often siloed, completeness and agility are a challenge, and neither investments, nor operational status can be satisfactorily explained in terms of the company risk appetite. Digitalization of Risk Management can overcome this challenge similar to how the digital transformation is helping your company reinvent its sales and supply-chain challenges.
The solution
KPMG is committed to support organizations to achieve a step-change in their risk management practices, by using its new cloud-based Digital Risk Platform. Our years of experience in Risk Management, In-control strategies and Audit are now available for our customer from this intuitive platform. The KPMG Digital Risk Platform enables organizations to better understand the risks in achieving their strategic objectives, and to factor risk insights into their strategic and operational business decisions. In addition, organizations can significantly reduce the labor cost of their risk management processes.
The Platform differentiates itself from other market offerings in two key areas:
- The Platform harnesses the best risk management practices developed by KPMG globally. These range from enterprise risk management, to IT, financial, legal, regulatory, tax and cyber risk management. Practices are offered as turn-key applications, and are continuously optimized using industry risk data and client learnings.
- The Platform takes an end-end approach to risk management, with discovery engines ensuring completeness (like Shadow IT or Personal Data discovery), a single integrated data model underpinning all applications, powerful data analytics and operational risk reporting. The KPMG proprietary, robust and sustainable risk model embedded in the Platform enables effective risk appetite conversations.
For more information please contact us.
Connect with us
- Find office locations kpmg.findOfficeLocations
- Email us kpmg.emailUs
- Social media @ KPMG kpmg.socialMedia
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