Does your business have the tools to manage emerging technology risks?
Today’s rapidly changing business and regulatory environment requires thinking about risk in new ways. Taking an innovative approach to managing and enhancing your governance, risk and compliance (GRC) activities can help you seize opportunities, stay a step ahead of uncertainty, and meet stakeholder expectations.
PwC’s GRC team support many of the worlds’ leading organisations to capitalise on opportunities, navigate risks and deliver lasting change through the creation of a risk resilient business culture.
We can transform how you perceive - and capitalise on risk.
We work with our clients to assess, design and implement leading edge operating models for their Risk and Compliance functions. We have a clear framework that we can tailor and apply across all types of firm and function, designed to deliver a smooth and comprehensive transition to reflect your journey and requirements.
The outcomes are solutions tailored to your organisation and its needs, driving benefits including:
We work with our clients to evaluate, design and implement operating models for effective Enterprise Risk Management solutions (ERM), leveraging a broad range of frameworks, tools and methodologies that we have developed and customise to clients’ specific needs and maturity. We also have deep expertise in areas such as risk appetite articulation, integrated compliance and risk models, and Key Risk Indicator (KRI) based predictive monitoring.
Our engagement drives a broad range of benefits including:
To have confidence in the control environment, management need visibility of the effectiveness of controls in mitigating risks across key risk categories.
The need for a foundation of efficient and robust business controls that is sustainable through business changes, compliance needs and cost pressures has forced firms to look at their front to back processes. We can help management achieve the following benefits:
Observing the scale and pace of change in the corporate regulatory and legislative landscape highlights the size of the challenge many organisations are presented with. As a result, regulated and other businesses are increasingly looking for external support in the identification of the ethical and regulatory risks they face, and in designing the compliance functions and programmes they require to mitigate them. Those companies with existing compliance mechanisms are also seeking health reviews alongside their programme implementation to give them comfort that their programmes will deliver compliance. This is how we can help:
Organisations face a rapidly evolving GRC landscape, with new technologies and a rapid pace of change meaning businesses need to be proactive when it comes to managing their exposure to emerging risks. Successful organisations make full use of the technologies at their disposal to enhance their overall GRC activities.
We help to assist clients in technology-enabled GRC strategy, vendor selection, technology implementation and transformational activities. Our services are supported by the latest innovations in technology to deliver evidence-based insight and recommendations for improvement.
Vulnerable organisation's don’t succeed; they fail when they are stressed. We help to assess and develop hardiness in 3 key ways:
Governance Risk Compliance & Internal Audit Leader, PwC Singapore
Tel: +65 9735 0156
Partner, PwC Singapore
Tel: +65 9756 2123