Enterprise Risk Assessment
Not Just for Compliance Anymore

The Enterprise Risk Assessments is an integral part of the decision making process for

• Implementing new products and services
• Making investments in new technology
• Selecting and working with vendors
• Allocating time and resources for audit and compliance.

Brintech’s Enterprise Risk Assessment provides a framework that a bank’s executive team can adopt and update at a rate comfortable to them. While each plan is unique, Brintech’s risk management consultants regularly

Define the level of the bank’s inherent risk in each regulatory-defined category

• Assess trends in and exposures to risk in each risk category
• Evaluate existing methods for identifying, measuring, monitoring, and controlling risk
• Create actionable plans to address “gaps” in the risk management and control process
• Align information systems with risk management guidelines incorporated in the bank’s policies
• Establish a risk management team with defined roles to govern the way the bank develops its Enterprise Risk Plan over time.

Brintech’s Enterprise Risk Assessment addresses each of the categories of risk identified by regulatory authorities, including

• Credit risk
• Interest rate risk
• Liquidity risk
• Operational risk
• Compliance risk
• Reputation risk
• Strategic risk

Implemented on its own or in conjunction with bRISK, Brintech’s industry-leading online toolset to identify, monitor, and measure risk controls, the Enterprise Risk Assessment enables management to effectively evaluate and monitor the institution’s risk environment and the effectiveness of its risk controls.

Request a proposal today!