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02.15.10



Accenture Launches Risk Management Service

By Mike Sachoff

Accenture has launched a global Risk Management consulting service to help companies better identify, manage and mitigate risks.

The new service will help companies accurately and quickly identify and evaluate risk adjusted business opportunities. The new service line will provide clients with information that supports advanced decision making and early warning solutions that can detect emerging threats and opportunities.

The service will also help companies establish their risk management organizations and governance structures, design risk management processes and streamline risk reporting. It will offer a range of services to help organizations design and develop integrated risk-related solutions that are aligned with business functions across their enterprise.

"In an increasingly volatile and uncertain marketplace, the high-performing companies will be those that strengthen their risk governance, upgrade risk analytics and incorporate advanced risk reporting," said Steve Culp, managing director of Accenture's Risk Management service line.


"Risk is rapidly moving out of the back office, and management must balance the need to create value with the need to protect shareholders. As a result, companies must break down organizational silos and integrate risk management across the enterprise in order to succeed."

Culp said that global operating models, highly networked organizations, rapidly changing customer preferences, volatile financial markets, government regulatory requirements and complex flows of information in today's business environment are all contributing to a growing need for more sophisticated and integrated risk management solutions


About the Author:
Mike is a staff writer for WebProNews. Visit WebProNews for the latest ebusiness news.
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