Amid an evolving regulatory environment and increased oversight pressures, organisations face ongoing challenges to manage and comply with ever-mounting regulations that are coming their way. At the same time, organisations are focused on managing new and persistent risks to their business while balancing revenue growth and expense-saving business priorities.
In the face of these challenges, managing IT risk and compliance has become even more critical, as IT failures can lead to reputational damage, customer and market valuation loss, an increase in privacy issues, and high-profile legal exposure. In this environment, enhancing IT controls is crucial to help ensure businesses are managed and controlled appropriately and functioning reliably.
The right technology, implemented properly, appropriately managed and monitored, can lead to significant gains in growth and efficiency. It is essential to get sound business advice to help ensure technology risks are managed.
We work with clients to analyse business technology issues within their businesses. We assist clients with the following areas:
- Developing an appropriate IT strategy: develop a clear IT strategy that fully supports their business objectives.
- Regulatory and compliance: assist with regulatory and compliance needs. We have significant experience identifying and controlling financial and operational risks embedded in business systems.
- IT risk management and controls: optimise risk management and controls architecture specific to IT
- Sourcing: offer guidance on appropriate strategies for outsourcing or offshoring IT services and help to ensure that adequate controls are implemented
- Cost optimisation: identify the most effective ways to take costs out of a business
- Logistics and supply chain issues: Examine various aspects of processes and technology and make recommendations to optimise efficiency. This is one of the areas where IT can have the most significant impact.
We focus on the business impact of technology rather than systems implementation, and we are not tied to hardware or software suppliers. As a result, our advice is independent and geared to each client’s specific needs. Keeping pace with technology and taking advantage of the tremendous opportunities offered by technological innovation is paramount to us. Still, we are also aware of the risks involved and the responsibility at the Board level to control these risks. With the global scope of many organisations, we are mindful of the need to develop innovative solutions that are repeatable and easily distributable.
We help organisations assess, manage and optimise information technology risk across a range of areas, including:
- Information Protection and Business Resilience
- IT Internal Audit
- IT Attestation
- IT Governance, Risk and Compliance/and Controls Integration
- Information Governance Services