Risk Management

With our risk management advisory services, we support (operations) or implement technology driven process and procedures (projects) to empower our clients in their continuous process to identify, evaluate, prioritize, monitor and where possible mitigate their financial risks.

Typical examples of these services are:

Finance

Regulatory reporting risk calculations in accordance with the Basel guidelines (Credit-, Market-, Liquidity and Operational Risk).
Risk Management model design for loan pricing purposes.
Advice, support, and development of Credit risk mitigation models.

Others

Operational Risk in Retail calculations: Managing the risk of financial losses due to internal or external events, including risks associated with people, processes, systems, and external factors such as fraud, cyber-attacks, and natural disasters.
Climate Risk calculations: Climate change can create financial risks, including risks associated with stranded assets, credit and market risk, and insurance risk.

Our Clients and stakeholders:

Korpodeko relies on RISC's IFRS Calculation Engine (ICE) to determine our Expected Credit Losses (ECL) as well as manage our credit risk portfolio. Next to that, we can always count on their banking, risk management and BI knowledge in case we need support.

Korpodeko

Gerald Stacie

Financial Director

RISC provided MCB with valuable advice, guidance and support with the Implementation of IFRS 9 in 2017 -2018. We still rely on their expertise and business intelligence skills for analysis and preparation of our annual reports.

MCB

Lionel de Cuba

Chief Financial Officer

IFRS 9 brought new challenges to our organisation by shifting our receivable provisioning standards from an incurred - to a forward looking model. RISC showed a great knowledge of the new guidelines and provided unvaluable support throughout the implementation.

MCIS

Hubert Bentura

Finance Manager

At Vidanova Bank, we rely on “RISC’s team of Banking, Risk Management and Business Analysis experts, for advice and support regarding our IFRS9 data modeling, ECL -calculation, -calibration, -analysis and automation process. This provides us with the necessary risk-management oversight and control over our portfolio.

Vida Nova Bank

Nadetta Pablo

Financial Controller/ AMD