Risks accompany opportunities and must be managed for strategic advantage.
The digitization of currencies, transactions, relationships, experiences and assets has transformed entire industries. Cyber capabilities extend your borders and reach, creating new customers, business partners, avenues of access, methods of innovation and forms of value. At the same time, ongoing disruption in the marketplace and in the competitive and regulatory landscape presents continually evolving strategic, operational, financial and other risks.
To help you protect and drive enterprise value, Grant Thornton LLP's Risk Advisory Services works with you to develop and deploy business strategies that align with your approach to risk and your risk management priorities. We assist you in creating risk management programs and holistic solutions to address strategic, operational, financial reporting, regulatory, compliance and cyber risk inefficiencies. Applying advanced technologies and analytics, global resources and industry specialists to your risk management challenges, Grant Thornton's Risk Advisory Services professionals help you to protect your business value while you drive its growth.
Grant Thornton Risk Advisory Services focuses on key areas of risk to the organization while recognizing the need for a holistic approach to risk. This enables organizations to drive growth by integrating risk domains, developing predictive risk models and aligning risk management with business strategy.
How we help dynamic organizations address key risks
Assisting management in defining and addressing risks that positively or negatively affect the organization’s ability to deliver on its value proposition through its business strategy.
Working with the chief compliance officer and regulatory affairs team to fulfill the organization’s legal and regulatory obligations and improve its ability to prevent, detect, and respond to compliance violations and misconduct and foster a culture of integrity.
Developing and implementing, in concert with the chief information security officer and chief risk officer, cyber risk management strategies, programs and solutions to protect business value and enable organizational strategies.
Working with business managers, chief risk officers and their teams to anticipate and manage risks throughout the organization arising from inadequate or failed processes, people or systems, or from external events.
Assisting the organization in designing and implementing internal controls to safeguard assets and developing cost-effective programs to address Sarbanes-Oxley Act and similar requirements, while enhancing internal audit and organizational performance.
Assessing needs and developing solutions to satisfy the full range of compliance and reporting mandates, including needs and solutions related to System and Organization Controls (SOC) reports and other special attestation reports.
Developing risk technology solutions to operationalize and sustain the risk management program, with the goals of enhancing operational efficiency and the organization’s ability to manage risk, protect value and execute business strategies.
Third party risk management
Understanding third party risk exposure so clients can proactively build or optimize their third party frameworks to both efficiently and effectively measure, mitigate and monitor the risk exposure third parties may cause. More about third party risk management.
Risk Innovation Centre of Excellence
Focusing on the development of unique and innovative industry and technical solutions to help clients effectively and efficiently govern their risk management programs, processes and reporting.
Data protection and privacy
For most companies, data has become essential to their business models – from supporting day-to-day operations, to launching new marketing campaigns, companies leverage digital information to generate value. With such opportunity, comes risks. More about data protection and privacy.