1.
AERICE
RISK
MANAGEMENT
–
A
COMPREHENSIVE
RISK
FRAMEWORK
FOR
YOUR
BUSINESS
AERICE | 2nd
Floor 145-157 St. John Street | London | EC1V 4PY | www.aerice.com
There
are
a
number
of
issues
currently
impacting
financial
institutions
that
restrict
efficient
Risk
Management,
for
which
solutions
are
required.
Typical
issues
include:
• Increased
regulation
and
government
interaction
• Implementing
governance
and
best
practice
operating
framework
• Budget
and
headcount
constraints
• Quality
of
subject
matter
experts
• Systems
and
process
integrity
• Increased
Reputational
Risk
• Increased
Operational
Risk
• Increased
Liquidity
and
Credit
Risk
• Ability
to
implement
change
management
Getting
the
solution
right
is
fundamental
to
ensuring
sustainability,
as
opposed
to
implementing
a
short-‐term
fix.
Key
solutions
include:
• Basel
III
&
CRD3
&
4
requirements
and
external
audit
remediation
• Budget
allocation
and
prioritisation
• Change
management
to
achieve
strategic
implementation
and
goals
• System
upgrades
and
capacity/efficiency
reviews
• Operational
and
governance
controls
Aerice
offers
a
holistic
Risk
framework
and
change
management
services
across
all
core
areas.
OUR
APPROACH
We
specialise
in
the
key
Risk
functions,
including
Credit
Risk,
Market
Risk,
Liquidity
Risk,
Operational
Risk
and
Reputational
Risk.
We
also
cover
Regulation
and
Government,
Legal
and
Compliance.
We
also
provide
Risk
framework
review
and
change
management
across:
• Review
of
existing
Risk
framework
and
governance
structure
• Articulate
and
implement
standards
for
identifying,
measuring,
monitoring
and
reporting
Risk
• Change
management
and
strategic
implementations
oversight
and
resourcing
• Front
to
back
efficiency
reviews
on
process
and
systems
• A
flexible,
tailored
and
bespoke
service
to
match
the
business
requirement
The
Risk
services
that
we
cover
follow
the
best
practice
principles
to
the
key
pillars
to
holistic
risk
management:
Portfolio:
Basel
III,
CRD3
&
4
(Stress
VaR,
Incremental
Risk
Charge,
Securitisation,
Comprehensive
Risk
Measure,
Credit
Valuation
Adjustment)
Risk
Weighted
Assets
(RWA),
VaR,
Holistic
Stress
Testing,
Counterparty
Exposure,
ICCAP,
Economic
Capital
management,
MIFID,
SOX
and
RDR.
People:
Front
to
back
implementation
of
Risk
frameworks,
Risk
ownership,
transparency
and
accountability,
product
knowledge
and
technical
experience,
Risk
oversight
along
with
project
and
change
management.
Process:
Centralised
standards,
policies
and
procedures,
drive
continuous
enhancement,
review
and
prioritise
change
management,
review
model
standards
and
approaches,
limit
implementation
and
monitoring.
Systems:
Review
front
to
back
system
frameworks,
implement
robust
controls
and
governance
around
risk
production,
efficiency
in
the
Risk
&
Management
Reporting
framework,
review
data
flows
and
model
implementations
Our
experience
has
shown
that
creating
a
transparent,
accountable
and
efficient
Risk
framework
is
the
key
to
successful
holistic
Risk
management.
We
have
worked
extensively
within
various
Risk
departments
at
leading
organisations,
enabling
us
to
provide
a
best
practice
approach.
WHO
WE
HAVE
DELIVERED
FOR
Our
senior
people
have
delivered
in
leading
firms
across
private
and
public
sector
organisations.
Private
sector
organisations
include:
ABN
Amro,
AXA
Investment
Managers,
Barclays
Bank,
Barclays
Global
Investors,
British
Airways,
Brown
Brothers
Harriman,
Deutsche
Bank,
EMI
Music,
F&C
Management,
GlaxoSmithKline,
LloydsTSB,
Motorola,
ntl
and
Wipro.
CONTACT
Please
get
in
touch
via
info@aerice.com
or
+44
(0)
20
7788
7473.ONTACT
