Operational Risk events can cause significant damage to financial institutions and be challenging to manage. With an increasing reliance on technology, it is more important than ever for firms to understand and manage the risk of fraud, failure to execute core business processes and ability to operate during periods of prolonged business disruption.
KPMG’s Operational Risk services support organisations with the identification, assessment, monitoring and management of operational risks. Our Operational Risk management professionals support clients across all industries to help achieve robust operational risk management frameworks that satisfy compliance demands, contribute to better decision making and enhance performance. We have extensive technical expertise with a proven track record in delivering both high quality and practical operational risk management to our clients.
How we can help
KPMG assists our clients by strengthening and aligning operational risk management frameworks with evolving business and regulatory demands. We have experience in defining the business requirements for, and implementing, operational risk management systems.
We have established teams of specialists able to support establishing appropriate operational resilience frameworks, governance processes and together with expertise around scenario development, tolerances and testing we are able to support firms to manage resilience to significant operational events.