Risk Assessment Work
Risk Assessment Work, the Risk Frameworker
The Consulting Consortium believes Risk Frameworker is the most comprehensive risk assessment tool available within the UK.
In accordance with FSA rules all firms must satisfy themselves that their systems and controls are adequate and indeed appropriate to their business activities.
The Consulting Consortium offers an effective, proven approach to optimising your ability to assess risk. The Compliance Risk Frameworker has been designed to enable firms to undertake a holistic assessment of its systems and controls and thus identify areas where compliance risks could crystallise.
Using the Risk Frameworker firms will be able to gather information together with supporting evidence in order to facilitate a high level gap analysis on the systems and controls within the firm. The assessment and the conclusions reached can feed in to the firm’s overall risk management framework. This is a far more cost-effective way of mitigating risk than by using disparate systems.
The product is designed to be scalable and used within business
divisions to report their progress centrally. This is a cost effective
way to validate your exposure to risk. The Risk Frameworker provides a
central repository for holding evidence to demonstrate compliance
with the FSA standards against each outcome.
The system is web based making it easy to use from any location and has no requirement for any IT.
Risk Assessment Work, Compliance Audits & Investigations
Got that nagging feeling something is not quite right but can’t put your finger on it?
Are the results from one area of your business too good to be true but you don’t have an independent means of compliance auditing?
Worse still – do you need to investigate a sales person or area of your business because you suspect wrong doing?
You need to show independence when undertaking these specialist sorts of audits and investigations.
Our FSA Compliance Consultants can provide on and offsite solutions – by way of visits or
electronic investigations to help you and the regulator be satisfied that all is in order.
You may not want to do it – but you know you must.
We have the independence you need to show that you are being fair and above board. We wait for your call on 020 7645 8808.