Business Risk & Business Intelligence. Risks can come from uncertainty in financial markets, project failures, legal liabilities, credit risk, accidents, natural causes and disasters as well as deliberate attacks from an adversary.
Senior managers and business developers need to know how different legal and regulatory environments, political rivalries and potential instability will affect the business. In many instances political, business and cultural risks only become apparent once you have already committed significant financial resources to a project, but identifying the potential impact of these issues from the outset helps you to manage them correctly.
And on a local ground level you have to consider the effects your operations may have on specific communities. Competitive Edge Riskpro India has a network of journalists, former bureaucrats, political analysts, security experts based in all corners of India. Riskpro India - Connect with Risk Professionals. Data Protection Officer (DPO) Services. Why a DPO The General Data Protection Regulation (GDPR) makes it compulsory for certain companies to appoint a DPO. this is a mandatory position that is expected to carry out certain defined tasks.
If a DPO is not in place, when he/she should be, then a multi million fine is imposed. The GDPR allows for filling the role with external consultant or a company. Outsourcing the role of DPO in this case makes sense. The Our DPOs address privacy and data protection tasks that face your organisation. Courses in Risk Management - RiskPro India. The following is the list of some very good courses on Risk Management.
Please email us if you are aware of other such courses. This list will be very valuable for people making a career in risk management. Enterprise Risk Management (ERM) Qualifications from the Institute of Risk Management (IRM), Global Certification As the world leader in enterprise risk management qualifications, the Institute of Risk Management (IRM) provides an ideal pathway (Level 1 to Level 5) for becoming a certified enterprise risk management professional and certified fellow (CFIRM), recognized across the globe in 140+ countries. Procurement Fraud -Riskpro India. If you suspect procurement fraud, do contact Riskpro India and we can help to unearth the suspicious activity.
Following are some of the ways in which we can help. 1. Review of onboarding documentation for any unusual vendor onboarding formalities 2. Compliance & Its Modules. Overview of Compliance & Its Modules Managing compliances manually can be a daunting task.
With new regulations and rules being enforced regularly, companies may find it challenging to meet all new compliances. To make the compliance process easier, Riskpro has created the following compliance products for effective compliance management - Legal Compliance, Labour Compliance, Secretarial Compliance, Litigation Compliance & Contract Compliance.
Supply Chain Risk – SCRAY. Supply Chain Risk Assessment and Yield (SCRAY).
With ever-increasing out-sourcing, down-stream and up-stream Supply Chain complexity - the number of Vendors and associated Risks are increasing exponentially. Phase I : Advisory You need Systems Thinking to get all the complexity onto one page. Safety, Security, Surveillance and Risk. Every Business Enterprise must start from a perspective of Risk and every Human Endevour from a perspective of being Safe.
Integrated Risk looking at BOTH sides of the coin. The need to safe, secure, vigillant, with minimal to no risk in any and all that we do; while accepting a basic premise of 'High-Risk versus High-Reward' being a fact of life. E – Learning – Online Training. With a zero tolerance level in Money Laundering and associated large regulatory penalties for non compliance, Banks and other Financial Institutes are spending immense time, effort and money to achieve compliance.
Needless to say, it is still not enough. The Black Swan can enter into any Financial Institute’s Branch on any given day and sting the Bank by surprise E Learning Course Highlights Web based E Learning modules Over 19 Hours of AML Learning Indian and Global coverage Lots of cases studies and ML Typologies FATF, APG Research on ML Over 150 questions throughout the course to test participant knowledge Over 750 screens to fully educate on AML Each Module has indepth concepts on the topic. Risk Management Professional Certification (RMP)
Just imagine almost 200 hours of risk related training, practical training, webinars, counseling, regular risk updates.
You are constantly being exposed to risk management and will surely make you a true and well informed risk manager. Download RMP Risk Certification Brochure View Demo on the RMP Course and a Video on the RMP Program features. (Click on youtube videos on right hand side menu Sample - RMP users are employed with following companies Still Reading.... Assurance Services. In Riskpro we believe that Internal audit function has to align its activities with business activities of any organisation to achieve its objectives.
IA can be of significant value if it maintains flexibility in its audit approach to provide In-time support. …..and we commit the same Internal auditor is considered as business partner and to justify this role, IA has to have business knowledge, its objective and associated risks an provide implementable an effective solutions. In Riskpro we appropriately and adequately spend time with key management and functional heads to understand entity and department level objectives, business model and key processes. India: Data Protection Services. The EU General Data Protection Regulation (GDPR) is the most important change in data privacy regulation in 20 years. Now India has its own version of Data protection regulation that will change Indian companies do business. Infact some of these may cease to exist given their business models. Riskpro India has been working on offering companies Data Protection assessments, GDPR reviews and gap assessments to help companies adopt and implement the new GDPR regulations.
GDPR Compliance - Remote Consulting from India. Reduce cost for GDPR Compliance - Remote Consulting from India GDPR readiness assessment and implementation can be costly. And time is short. Instead of paying premium fees to local GDPR consultants or buying GDPR toolkits online, why not consider appointing equally qualified GDPR experts from India. Riskpro has a team of 8 GDPR consultants and we are adding the team members with each passing month.
Foreign Exchange (FX) Risk Advisory. Riskpro professionals and member firms provide elaborate FX and Treasury Risk Advisory Services. Typical FX consulting services provided by Riskpro include: - Foreign Currency Cash and Traveller's Cheques - Foreign Currency Cheque Collection - Foreign Currency Draft - Inward and Outward Remittances - Foreign Currency Accounts- International Accounts - Globe Deposits services - Multi currency EEFC Account - Hedging Products- Forwards/Options - Global Currency markets advisory - Trade Services- International deals/Documentation fulfilment - Regulatory Compliances as per FEMA, 1999 guidelines - Currency Risk management - Liquidity services management - Custodian services management - Counter party risk management - Fx execution for security transactions - Tax reclaim services - Centralized clearing services Riskpro FX Risk Advisory would include the following services.
Please do contact us to learm more about these offerings. More Info. Information Risk Management Consulting. In an environment of escalating information security threats, technology outages, data integrity and quality issues, corporate governance concerns and privacy regulations, organizations need to be sure of the integrity, confidentiality, and availability of their paper & electronic information and underlying systems. This requires information handling, communication & storage systems that are properly deployed, monitored and controlled. With increasing regulatory norms being enforced for companies, managing risks affecting confidentiality, integrity and availability of vital information assets has become one of the most important business drivers as well as a key differentiator from competition. W, at Riskpro, understand the criticality and need of right IT risk management framework, methodologies and hence we’re delighted to launch our IT Risk Advisory services in addition to our existing bouquet of Risk advisory, Consulting, Training & Human Capital Services Service Offerings 1.
DSCI DPF Consulting Services & Training. With accelerated advancement in the tech world, there is also an unconscious evolution to cyber-crimes. Continuous development of new attacks and techniques that not only allows attackers to infiltrate adequately-controlled environments but also cause damage yet still remain untraceable. India has seen a 37% increase in cyberattacks in the first quarter (Q1) of 2020, as compared to the fourth quarter (Q4) of last year.
(Source) As a business and being a victim of cyber-crime, you not only lose business; you lose REPUTATION and most importantly you lose your customer’s TRUST. Basel II and Basel III Advisory. Digital Forensic Services. Data Centre- Concurrent Audit. EU-US Privacy Shield for Data Transfers. Cybersecurity Maturity Model Certification (CMMC) Riskpro India - Connect with Risk Professionals. 21 CFR Part 11 Consulting Services. Web Based SME Risk and Compliance Tool. Compliance Software - Legal Compliance automation. SSPA Assessment - Microsoft DPR Assessment. Enterprise Risk Management. Risk 365 - Risk and Compliance Outsourcing Services. Core Banking Solution Upgradation or Migration. Privacy and Data Protection Services - GDPR. Vendor Risk Software - Third Party Risk Management (TPRM) Zero Trust - Cybersecurity Software. Risk Management Software. SSAE 18 - SOC Audit and Attestation Services – RiskPro India. Personal Data Protection Services (PDP) – India. Internal Financial Controls (IFC)
Customs-Trade Partnership Against Terrorism (C-TPAT) Internal Audit Management Software – RiskPro India. Risk Based Internal Audit Services – RiskPro India. Whistleblowing Software - Third Party Ethics Helpline. Audit & Compliance Services - RiskPro India.