Risk Management Insights

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Video, Risk Libraries, Risk Management Framework

Disparate and Disconnected Risk Processes and Information? Solving the Problem by Integrating the Building Blocks of Risk Management

This is part 1 of our video series on "Disparate and Disconnected Risk Processes and Information". In this video, David Tattam talks about the key building blocks of a good risk management framework and how these can  help form an integrated view of risks in your organisation.

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Risk Management, Risk Maturity, Decision Making

Don’t go into hibernation, BEAR is coming to you

As a result of the Royal Commission, more non-banks must now implement BEAR. This post covers how your organisation should view this as an opportunity to improve your overall risk management framework, not as a regulatory obligation.

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Risk and Reward, Risk in Motion, Decision Making, Risk Reporting, Video

Building Resilience by Creating a Happy Marriage Between Risk & Reward

How do you build and improve resilience in your organisation? In this recording, David Tattam talks about how understanding the dynamics and balancing the voices of risk and reward can help you achieve sustainable rewards.

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Key Risk Indicators, Risk Management Software, Internal Audit

Enterprise Risk Management Software and the Internal Audit function

The Internal Audit function has always been an integral part of any organisation, giving independent comfort to stakeholders that the governance and the control environment are operating as expected and and in an effective way. As part of that work, recommendations to improve systems and processes are often provided.

The starting point for any risk-based internal audit is to understand the risks associated with key business functions or processes, and the controls that mitigate either the likelihood of the risk occurring or its impact.

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Security Risk Management, Operational Risk, Risk Manager

Exploring the evolving role and scope of operational risk management in today’s dynamic landscape

Guest Blog by Shannon Harris, Senior Research Executive, Center for Financial Professionals

The Protecht Group will be exhibiting at the New Generation Operational Risk Europe Summit in London. Use code: PROTECHT20 to get 20% off the current rate.

In the past decade, the financial industry has rapidly changed and evolved leading to enhanced risk management practices. Operational risk is no different, as new and emerging risks enter the market it is often the strength of people, processes and systems which can enhance effective mitigation and management, but also pose the risk. The role and scope of operational risk is more diverse than ever as many strive for sustainable and long-lasting solutions.

For many individuals working within risk management, they are often faced with the difficult task of staying ahead in a fast-paced industry. 2018 has highlighted the importance of operational risk within financial institutions as regulators placed heightened emphasis on the need for worthwhile risk management practices, and more recently a much larger push for resilience. In addition, risk management is appearing more within the public arena as consumers are displaying an increased demand for security.

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Press/Media, Protecht Culture

Thank you for an awesome 2018! 🎉

Firstly, thank you to all of our clients, followers and subscribers for your support over the last 12 months. It has been an incredible year of growth. To close off Protecht's 19th year in business, here's a round up of key events, milestones and stats from 2018.

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Risk and Reward, Risk Reporting, Risk Data, Intelligence, Dashboards

Spaceships, Prince Charles and reporting truer business performance


  • The accountability of an organisation for its performance is limited by a narrow focus on its financial performance.
  • Developments in risk management and accounting provide a practical solution for measuring true performance using a mix of reward, risk and risk appetite.
  • Measuring true performance requires the measurement of both risk and reward across each stakeholder.

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Risk Management Software, Protecht Culture

The Agility of Risk Management Software

You might be forgiven for thinking that those who provide Risk Management software must be cautious and plan out their product and their activities to the finest detail before setting out to develop quality product. In fact, I would argue that an agile approach to software development is the only way to fulfil client expectations in general and is perfectly aligned with a risk management culture in particular.

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Risk Analytics, Risk Reporting, Risk Management Software, Video

Improve your risk management insights using Historical Models

In this video, Matthew Lee talks about how Protecht.ERM's historical models provide users with a better view of their enterprise risk management data.

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Risk in Motion, Risk Reporting, Video

Is your risk management a little static?

How do we make decisions based on risk reward when the risk information is out of date? Traditional point-in-time reporting in risk management can result in an artificial view of how your organisation is doing. In this video, David Tattam talks about what you can include in a Risk in Motion report to create a dynamic risk profile of your organisation.

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