Risk and Control Management

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Operational Risk Management: Implementing your ORM Strategy With MEGA

 

Key Benefits

  • Seamlessly support Basel II or Solvency II compliance requirements, with the possibility to reuse elements and support multiple regulations
  • Involve business managers in the support of your ORM policy, via a customized warning and messaging system, and the definition of user profiles to protect access to sensitive data
  • Build a bridge between the business and IT departments to ensure that risks are managed in a consistent way, from the Business perspective to the IS infrastructure
  • Transform compliance into an opportunity to increase company performance by integrating operational risk management information in a larger Enterprise Risk Management initiative
 

As compliance requirements increase, there is more and more pressure on executives to manage operational risks rapidly and efficiently. In a changing environment, executives need to prove that they can efficiently manage risks and control their operations.

MEGA International helps risk and internal control managers implement a flexible solution for operational risk management to facilitate change and improve company performance.

MEGA Consultants’ business expertise and MEGA GRC suite enable a ROI-oriented approach through:

  • A flexible approach, allowing integration of your own concepts, vocabulary and methodologies, thus ensuring the involvement of all stakeholders as required.
  • The right level of control to keep track of all your operations via a secure audit trail, with automatic access to record history at any time.
  • A focus on information and communication with precise identification of responsibilities and confidentiality rules and support for enterprise-wide awareness on risk management policies.
  • A standard and scalable platform to support the deployment of the solution in your organization.

Driven by a business approach, MEGA ORM solution allows you to have a prioritized understanding of your risks, and their impact on your business. You provide decision-makers and all stakeholders with a shared and transparent view of risk management policy in your organization via dynamic information transfer, enterprise portals and appropriate reporting. The result is an opportunity to turn compliance activity into business value for your company.

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