RISK MANAGEMENT

Risk Management

GWC group provides training and consultancy in the following areas of risk:

  • Business risk, Credit risk, Market risk, Insurance risk, and Operational risk
  • Financial soundness risk
  • Enterprise Wide Risk Management (EWRM) Language
  • Modern Operational Risk Framework
  • Operational Risk Exposure Evaluation (OREE)
  • Risk Reporting and external data filtering
  • Risk Control and mitigation descriptions
  • Identification of Credit, Operational and Boundary losses
  • Risk Governance
  • Scenario Analysis workshop
  • Risk and Capital Assurance

Over the years we have developed the view that all training should be approached at a sensible gradient, both for the trainer and the trainee. We consider that it is far more effective to build upon the solid foundation of a student’s or staff personal experience than attempt to impose a strange discipline on a base of uncertainty in unfamiliar territory. The most powerful form of learning is to discover something for oneself. Therefore the most effective education occurs in an environment of self-discovery. We believe that it is in our interest and that of our clients to share our knowledge and experience and to compare it with theirs. In the process we expect both parties to assimilate information, increase their understanding and form new ideas.

Business Continuity and Availability Management

A holistic management process that identifies potential impacts that threaten an organisation and provides a framework for building resilience with the capability for an effective response that safeguards the interests of its key stakeholders, reputation, brand and value-creating activities.

Under Business Continuity Management (BCM) pillars in theory and practice, we cover the following subjects:

  • Initiation and Management
  • Risk Evaluation and Control
  • Business Impact Analysis
  • Developing Continuity Strategies
  • Emergency Response and Operations
  • Developing and Implementing Business Continuity (BC) Plans
  • Awareness and Training Programmes
  • Maintaining and Exercising BC Plans
  • Public Relations and Crisis Communications
  • Co-ordinating with Public Authorities
  • Applying theory to practice – Roles and Responsibilities
  • An Invocation

The special skills of Business Continuity fall into two distinct categories. There are the pre-planning and preparation skills that are required to develop the plans and strategies that we might call the Pro-Active skill set. These skills are acquired or transferred through an education process. The other set of skills are those very practical ‘heat of the moment’ skills that are needed to implement or apply the plans and strategies. This second group can be called the Reactive skill set. Reactive skills need to be developed through experiential training.

Sarbanes Oxley Implementation and Testing

The legislation introduced major changes to the regulation of financial practice and corporate governance. Named after Senator Paul Sarbanes and Representative Michael Oxley, who were its main architects, it also set a number of deadlines for compliance.

run workshops and manage Sarbanes-Oxley Projects to enable companies meet the regulatory requirement provide documentation of processes, sub-processes, inherent risk and controls for key business operations provide governance and business development including testing and review of existing arrangements to correct deficiencies help organisations review their IT and Information Security to identify and provide solutions in areas where security breaches and control lapses could lead to material or significant losses implement new and test systems to ensure best practice, compliance with organisational requirements and international standard.

Other Key Areas of Consulting

Staff Recruitment, Selection and Placement Change Management Project Management from inception to implementation and post implementation review

IRIS Risk Management Software

IRIS is consistently hailed by organisations and individuals alike as the most intuitive and user friendly risk management software package available.

“It embodies the best practice risk management processes that we recommend to our clients, covering both qualitative and quantitative aspects of risk management. Secondly, the system has huge flexibility and can be used as a single user desktop edition right through to an enterprise wide solution with several hundred users sharing risk data with each other. Finally, the system includes so many useful time saving features such as the instant export of reports to PowerPoint or Excel. We are confident our customers will quickly realize benefits to their bottom line through implementing the IRIS software.”