Integrated Risk

Shadetree Partners helps our clients develop an integrated risk management governance structure and framework to ensure consistent risk related processes company-wide – the objective being more proactive identification and management of risk, as well as improving decision making and performance.

ORGANIZATIONS ARE MOVING TOWARDS A MORE RISK-CENTRIC APPROACH WITH THE ONSET OF LAWS AND REGULATIONS, THE PROLIFERATION OF CYBER-ATTACKS AND DATA BREACHES, AND THE ADOPTION OF COMPLEX ECOSYSTEMS AND TECHNOLOGIES. INTEGRATING RISK ASSURANCE AREAS IS INEVITABLE…

Organizations have siloed assurance programs resulting in uncoordinated activities, ‘risk fatigue’ and suboptimal use of resources. As organizations continue to evolve towards more complex ecosystems and technologies, and with the onset of laws and regulations, cyber-attacks and data breaches, a more risk-centric approach is required to determine priorities.

We help our clients develop an integrated risk management governance structure and framework to ensure consistent risk related processes, more proactive identification and management of risk, as well as improved decision making.

Organizations are under increasing pressure to identify the various types of risk facing the company to help minimize loss and maximize shareholder value. Executives need to understand how these risks influence investments and formulate business strategy. 

We assist clients with promoting a risk management vision, strategy, and appetite, in addition to risk management processes. This enables a systematic approach to managing risk across the organization while promoting the achievement of business objectives.

We help clients align their operational risk management with the company’s strategy. We alter the way our clients leverage employees, third-party relationships, and internal business processes, controls, etc. to manage operational risks, enable strategic decision making. 

We focus on streamlining risk and control assessment process (RCSA), third party relationships, internal processes, etc. that support the business.

We help our clients ensure an effective third party risk management approach by reducing vendor/partner overall scope, touchpoints and assurance activities while appropriately identifying, managing, and monitoring third party risks.
Our top-down assessment approach includes a current state review of the third party organization’s control environment, taking into consideration the five critical components of a third party risk management framework – (1) Oversight and Governance, (2) Inventory, (3) Risk Approach, (4) Third Party Risk Management Processes, and (5) Technology.

We leverage leading industry best practices and ensure regulatory requirements are taken into account (HIPPA, CCPA, GDPR, OCC, Fed, PCI etc.), when applicable.

Strategic risk management is often overlooked, yet strategic risks can threaten business strategy, accelerate performance and identify opportunities. Strategic risk management is essential in the identification, analysis, and mitigation of any risk that impacts the company’s business strategy, strategic objectives, and strategy execution.

We help our clients discover, interpret and prepare for risks that may impact their overall business strategy and reputation. We give clients the tools and insights to build a resilient brand.

In business, the trust of clients is necessary to remain viable; with the number of security breaches increasing every year, companies suffer negative consequences, including loss of clients/partners, financial impact, and reputational/brand damage.
Client risks are inherent. 

We help organizations establish best practices related to identifying, managing, and monitoring business and client risks.

Organizations are constantly confronted with an increasing number of information technology risks, including security threats, regulatory compliance mandates, and disruption to system availability. The increased use of information technology in organizations introduces new opportunities and threats.

We understand the challenges presented with technology and can help take advantage of opportunities offered by innovations while also appropriately managing the risks involved. We help our clients maintain the integrity, confidentiality and availability of information through benchmarking reviews, and designing/reviewing technology risk frameworks.