Risk Management
All organisations, but in particular financial institutions of all sizes, are required to ensure minimum impact on business through reduction of risk and following best operational practice. IS Options, together with our expert partners, provide both advisory and assurance services. We apply a structured approach to managing uncertainty related to threats, through a sequence of steps including: risk assessment, strategies development to manage it, and mitigation of risk using managerial resources.
Services offered include :
- Business Continuity
IS Options specialise in Business Continuity & Recovery Planning - the process of identifying critical data systems and business functions, analysing the risks of disruption to the data systems and business functions, determining the probability of a disruption occurring and then developing business plans to enable those systems and functions to be resumed in the event of a disruption.
- Credit Management
Our advisory and assurance services can assist in improved profitability from reduced levels of loan losses, by addressing policies, procedures, controls, review of asset quality and testing of effectiveness.
- Collections Management
Our advisory and assurance services can assist in increased profitability by improving levels of collections and reduction of bad debt book. This is achieved by addressing policies, procedures, controls and testing of effectiveness.
- Fraud Prevention
Our advisory and assurance services can assist in protection of client assets, by addressing anti-fraud policies, training, procedures, risk assessments, proactive programmes, reporting and monitoring.
- Compliance
We can assist in the improvement of public trust and perception through enhancement of control environment, identification of gaps and testing of effectiveness.
- Corporate Governance
Assist in balancing the needs of all stakeholders through enterprise risk management, due diligence and testing of effectiveness.