Operational Risk Management Solutions
Are you ready to advance your risk management program?
Risk management has evolved into a unique discipline for financial institutions. The need to organize and report risk data more efficiently and consistently has never been greater. The question for many financial institutions is assessing when to abandon the manual spreadsheets for an integrated, enterprise risk solution?
Quantify risk efforts across your organization
Metavante offers technology solutions and consulting services to support financial institutions in developing governance structure and risk assessments. We will help you to:
- Assess, aggregate, and prioritize operational risks throughout your organization with a focus on business continuity, data privacy and fraud prevention
- Eliminate inefficiencies and redundant efforts across business unit silos
- Develop or redesign your internal governance structure
- Implement customized risk mitigation plans following our proprietary approach to risk management
Choose the right tools to manage operational risks
Three components of operational risk management - governance, risk assessments, and technology - are necessary to sustain an effective program. With our industry leading partner, Methodware, we offer financial institutions the Enterprise Risk Assessor software for SOX, ORM, GRC and audit. This risk management assessment tool will help:
- Bring more consistency, efficiency, and sustainability to operational risk management with one dynamic system
- Reduce overlap and streamline your business unit risk and control assessments
- Leverage your existing risk, control, compliance, and audit data
- Gain long-term advantages from more scalable, flexible, and affordable functionality