SAS | Risk Analysis
Introduction
Recent technological changes and business operating transformations present new and unknown risks, but also new opportunities to create value. In today’s volatile and ever more complex business environment, companies need to have confidence in their governance, risk management and internal control processes.
Companies face many different types of risks – they may either cause permanent damage to the business operations, affect few processes and controls, or may destroy the company. Instead of exposing their businesses to risks that may cost billions of money in losses, companies must change the way they view risks. Moreover, companies can work to identify the risks and prepare for their impact so that business can be conducted smoothly. We, at SAS, provide the risk advisory services to our clients to help them identify, assess, prevent, transfer, and manage risks associated with their business.
Efficient and effective risk management is a prerequisite for running a business in a global economy with prospective exposure to multiple risks. It is an essential requirement to avoid creating any negative image in the minds of the stakeholders or the community at large.
As a part of our risk consulting services, we manage the entire process of risk management for you so that you can carry out your business operations with the utmost confidence. Our team of experts reviews your processes and systems to identify the areas of improvement and find the right solutions for you. Our rich industry experience in risk consulting enables us to take a customized, proactive approach to your risk exposure and risk management so that the company’s reputation is maintained and business objectives are met.
At SAS, we equip our clients with the knowledge, techniques, and solutions to anticipate and respond to critical challenges. We understand that firms need to be able to seize new opportunities in a quick and nimble fashion. This is why we build tailored risk management frameworks, systems and controls that are the right fit for our clients to steer them towards future success.
Our Approach
We are proud of our track record in building client business resilience. We believe companies with solid risk management processes and risk registers are better able to meet the demands of customers, regulators, investors, employees and directors. With operating environments constantly shifting, we work with our clients to ensure they have the ability to spot emerging risks and to address shortcomings.
We do not believe that a ‘one size fits all’ risk management approach is the best way to protect long-term performance and innovation. That is why we take the time to understand our clients’ sectors, priorities, culture and customers before building a suitable team.
Companies around the world are placing greater emphasis on managing risks in response to rising demands from stakeholders. Effective enterprise risk management requires a robust, organisation-wide identification, monitoring and reporting process. Our team draws on their broad industry experience to help clients embed risk management into their corporate culture.
Our approach
Companies today face pressures from every angle. Tighter regulation, increasing legal requirements and a complex and risky marketplace mean that there is often little room for recovery if things go wrong. As a result, there is a desire to avoid unwanted surprises by managing risks before they develop into problems.
We work with companies to integrate risk management practices into their business that help prevent unwanted outcomes while also supporting long-term objectives. Our team of specialists offers broad industry experience and deep insight that will help you to place risk management at the heart of your strategy so you can take calculated risks that add value, while side-stepping those that threaten your organisation. We help clients work towards continuous improvement by providing risk mapping as part of the support..
Risk mapping allows organisations to:
When you work with Sarsson, we will help you:
Today’s companies are facing pressures from multiple angles. With new risks constantly emerging, an effective internal audit function can improve operations, facilitate change and provide stakeholders with assurance. We offer sector-specific expertise that helps to enhance your risk management, control and governance processes.
Our approach
A successful internal audit function should add value for the entire company, as well as provide assurance to stakeholders. It needs to be effective, dynamic and capable of addressing future challenges, and even more importantly, it should provide you with clarity and a true understanding of your business.
If you are seeking to set up an internal audit function or enhance an existing team, a partnership with SAS provides you with a flexible, tailored and effective risk-based approach. We understand just how important it is to build an internal audit function that is effective and contributes to the overall value creation in your organisation. We also know that internal audit faces multiple challenges from different areas of a business while also adapting to a changing regulatory environment.
Our team offers deep subject matter expertise across multiple industries to provide you with a tailored solution that meets your complex needs. We bring together specialists from across our network who work in an integrated fashion to ensure you receive the right guidance to deliver on your internal audit plan or develop an entirely new one.
We can provide you with advice on:
“Improve your response to risks with effective systems and controls”
Anticipating and responding to business, operational, financial and compliance risks is critical for success. Failure to do so can not only result in financial loss, but also non-compliance with regulations and a risk of reputational damage. Our integrated team of specialists can help you design and implement an internal control system so you can focus on your business objectives.
Our approach
To ensure good internal controls, you need to have robust systems and processes in place. Without them, your company not only runs the risk of being exposed to multiple risks, but also non-compliance with regulations. For financial companies in particular, internal controls form a critical role in regulatory and legal compliance. Failure to have the correct controls in place can expose a company to various risks, including financial loss and fraud, and even threaten its business objectives.
The team at SAS offers broad expertise across sectors and disciplines, and can help you to design, implement and monitor the systems of internal control in your organisation. We have the resources and expertise necessary to help you meet your control objectives, offered through outsourcing, co-sourcing and secondment arrangements.
Our specialists work as an integrated team and take the time to understand your business and your strategy. With their international perspective and deep experience, they can help you to:
“Supporting our clients to anticipate and react to an evolving regulatory environment”
Companies today are operating in an environment where regulatory change seems almost constant. The requirements have become more stringent, while the web of rules and regulations have become inherently more complex. At Sarsson, we can help you navigate these complexities so you can meet business objectives and enhance shareholder value.
Our approach
All industries are facing a wave of regulatory change around the world. Businesses are seeking to adhere to much stricter rules and regulations while at the same time that they are striving to meet shareholder demands and adapt to new business models.
The challenge is even greater in highly regulated sectors where significant resources are devoted to horizon scanning and compliance.
The way companies respond to the evolving regulatory landscape and adapt their business models will have a major impact on their future success. At SAS, we provide regulatory compliance advice and guidance to businesses of all sizes, finding solutions to complex problems and challenges.
We believe your priority should be on identifying and addressing issues before they cause harm, which is why we offer tailored solutions that are built on a full understanding of your business and the market in which it operates.
Our team of regulatory specialists has the expertise, skills and resources to guide you through the new regulatory landscape. We will help you to put in place a regime that focuses on:
