SMART > Our Services > Finance & Risk > Operational Risk Management

The regulatory pressure being applied to business is causing an increased emphasis on managing risk from the perspective of the organisation.

Using an array of services that help organisations analyse, prepare for and avoid a number of potentially precarious situations, SMART operational risk solutions will ensure you address a business challenge before it becomes a problem. Our clients depend on us for extending their own business risk assessment capabilities. We help ensure effective business operations, reliable financial reporting systems and compliance with emerging laws and regulations.

Our Services Include:

• Enterprise Risk Management

  ERM requires organisations to evaluate their control environment in relation to the achievement of all its business objectives not just accurate financial reporting.

  How can SMART help?

  • SMART can assist or facilitate efforts in establishing and or developing ERM vision, guiding principles, definition of risk tolerance/measurement and creation of risk management policies and procedures.

  • Provide support in designing organisational and/or process structure

  • Conduct risk assessment and identification reviews

  • Advise on the effectiveness and adequacy of established ERM processes, policies and procedures

  • Assessment of the adequacy and effectiveness of a company's system of internal controls

• Risk Appetite and Strategy

• Risk Monitoring

  The key to developing and delivering powerful risk monitoring solutions is understanding how patterns of low level events in the IT layers of an organisation can dramatically impact the organisation's high level business objectives and processes. Using state of the art techniques, SMART consultants help gain mission critical visibility into the information about their business activities, their customers and their partners.

• Business Continuity

• Information Risk Management

  In today's global economy the world is connected via networks. One of our clients most valuable asset is their electronically maintained information. To that end, the need for information risk management services has never been more important. SMART's approach to Information risk management is based on the security industry's best practise including ISO 17799, the most widely recognised security standard in the world. We help clients assess, manage and reduce their risk.
  Based on our clients specific requirements we can help design, select, develop and implement a proven system for managing the security and control of your information. Information is key to your economic success. You need to protect the confidentiality, integrity and availability of your information.

• Readiness Assessment