Risk Management 

Every organization manages risk to some degree. Regulated entities have full departments and a formalized risk framework and smaller organizations manage risk more implicitly through strategy and functional roles.

 

However, the drive toward digitization of products and services means that technology and data has become the  backbone of every product and service - increasing enterprise risk.

 

The movement towards a digital economy has shifted risk management from a nice to have to a must have. Regardless of the size of your organization, we can work with you to strengthen your risk practices and build resilience against disruption.

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Balmoral Advisory can help to:

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• Strengthen existing risk management practices

• Develop a formal risk management program

• Build a risk appetite framework

• Understand and manage emerging technology risks

• Design risk assessments for emerging technology risk

• Develop a framework to oversee third-party risk

• Educate your staff on emerging risks