Enhancing existing Risk Management Frameworks
Client: A private Wealth Management company with £180bn AUM
Enhancing existing Risk Management Frameworks to meet changing regulatory demands
Challenge
Our client needed to update and significantly enhance the Risk Management Framework of its UK branch in order to keep pace with the changing regulatory environment.
Our approach
AlgoMe Consulting approach was to swiftly map out the shape and size of the task. We then designed the new Risk Management Framework by making use of the available information, data and existing risk management tools while avoiding duplication or inefficiency.
Client outcome
AlgoMe Consulting put in place a robust Risk Management Framework in compliance with current regulation. The work has led to a more cooperative way of working between the various international business lines.
A robust Risk Management Framework in compliance with current regulation led to a more cooperative way of working between the various international business lines.
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