You have heard about Enterprise Risk Management (ERM) challenges from a multitude of regulators, media outlets and industry resources. With the financial crisis still top-of-mind, financial services companies now realize they face risks from both external and internal sources. Failing to manage these risks can quickly destroy value.
Enterprise Risk Management allows financial institutions to take responsibility for the risk management process and enables them to gain insights into their organization by involving all parts of the institution.
Brown Smith Wallace is ready to assist you in implementing an ERM Program that is integrated into your business model and built on a cost-effective approach. We provide ERM services to financial institutions of all sizes. Our methodology and tools, combined with extensive experience in risk management, enable us to assist your financial institution in an approach to ERM that is best suited for your organization. Our focus is helping you realize the benefits of ERM without adding unnecessary bureaucracy and cost.