Make the Risk Management function leaner and more agile
Set up a pro-active and effective second line of defense considering digitization
Set up an internal control that “matters”
Risk Management in Financial Institutions has evolved enormously over the past decade, largely in response to ever-stricter regulation. In this very broad area of expertise, TriFinance focuses on Non-Financial Risk Management types such as Internal Control and Compliance, Model Risk Management and Enterprise Risk Management as well as on a wide range of Financial Risk-related matters.
In the areas of Internal Control and Compliance, we support our clients by setting up an appropriate Internal Control framework with a challenging Risk Management role. Our experts have a profound knowledge of evolving regulatory requirements and a thorough understanding of each regulation’s underlying activity, processes and instruments such as:
We build bridges between different internal control stakeholders to strengthen the Internal Control role of the Compliance department. We help our clients to gradually move towards common internal control methodologies and metrics.
Besides that, our experts can be deployed to embed regulatory changes (a.o. KYC, AML, MIFID2, GDPR, PSD2, BRRD, ...) in different areas. These include gap analysis, priority setting, documentation, redesign of processes, training programs and the creation of synergies with other Internal Control projects.
Risk Management and Internal Control at TriFinance
We also support Chief Risk Officers with the implementation of an agile operating model for the Risk Management function so that the second line of defense can remain proactive, efficient and effective after the redesign of operational processes in lending or funding. We address supervisory concerns about the challenging role of the Risk Management function and its transformation from an operational to a more analytical function. We provide assistance in streamlining and issuing Risk Reports that matter.
We create value for our customers in a wide range of Financial Risk-related matters and processes such as:
TriFinance experts collaborate closely with the Business, Risk Management and Finance teams to challenge the different internal and external needs and to optimize multiple functional specifications.
Our value proposition Risk & Compliance