Over the past decade there has been significant investment in risk and capital management, largely driven by regulation. Our work with financial services companies has highlighted that there continues to be a focus on meeting these regulatory standards, but this does not always lead to business expectations being met through the delivery of real commercial value. There is a pressing challenge for risk functions to demonstrate value, improve the effectiveness and efficiency of risk management, and to turn risk management theory into tangible business results.
As the regulatory driver diminishes, Crowe is focused on helping clients to make pragmatic, practical and proportionate improvements, utilising the most up to date technology and data analytics, in order to unlock the real value of ERM.