Enterprise Risk Management
Enterprise Risk Management (ERM) is a framework through which an organisation can implement processes that allow risk management to span the business end-to-end. The practice gives a holistic risk insight of operations, strengthens corporate governance, introduces risk-based decision making and develops a risk-aware organisational culture.
Effective ERM provides the platform to increase risk resilience to secure the organisation and improve business performance.
TDRS can design and implement new ERM frameworks or develop existing ERM frameworks by;
> Assessing
- risk appetite
- business requirements
- regulatory obligations
- resources and capabilities
- risk challenges
> Implementing
- a transformation to an all-inclusive approach rather than fragmented silos
> Monitoring
- to continually develop and improve processes
> Credit Risk Management
> Payment Card Risk Management
> Data Security
> Financial Crime
> Corporate Security
