RiskBusiness is an international risk advisory firm specialising in the design and delivery of industry-leading operational
and enterprise risk management solutions. We provide tools, advice and services to individual institutions, industry associations and
regulators. We focus primarily in financal services but have worked with clients and associations in healthcare, travel & tourism and
Did you know?
Since RiskBusiness launched the first element of the OpRisk Services Set in 2005, 220 firms have subscribed to and used various elements of the Services Set, which is made up generically of Risk Content Services, Risk Information Services and Risk Tools. The geographic spread of these subscription clients reflects 45% Europe, Middle East and Africa, 20% in Asia-Pacific and 35% in the Americas. From an industry split, 85% of subscribers are in banking, 8% in insurance, 3% are non financial services firms and the remaining 3% are industry associations, with whom RiskBusiness has partnered to deliver loss data consortia and data benchmarking services.
The RiskBusiness OpRisk Services Set has over 5,500 defined users with an average of 100 unique log ins per day, with the maximum log ins on a single day to date having been 1,474. As at 14 February 2013, the OpRisk Services Set has processed more than 125,000 individual KRI data submissions, 550,000 loss events, 2,750 scenario assessments, 1,250 risk assessments and 1,000 risk profiles for its subscribers and been used to manage 3,500 remedial action items. These significant statistics illustrate that the RiskBusiness OpRisk Services Set is capable of supporting from the smallest to the very largest of firms.
In 2010, OpRisk&Compliance magazine recognised RiskBusiness’ contribution by awarding it one of just ten 10 Years of Excellence Awards for its work around Risk Content, specifically in classification taxonomies and the KRI Library. In the 2012 Software Rankings issued by OperationalRisk&Regulation magazine, the RiskBusiness OpRisk Services Set was ranked 7th overall, up from 12th place in 2011 – and the highest ranked Software-as-a-Service (SaaS)/cloud computing solution.
We partner with our clients at both corporate and business line levels to align stakeholders, review and critique existing risk programs,
design customised content specific to their needs incorporating industry standards where possible, build or offer tools and pilot and
implement enhanced risk programs. We also offer web-based risk management tools and risk content delivery services on a subscription
basis, as well as technology to support secure benchmarking of a wide range of risk and business data, to support data exchanges and
peer group comparison and analysis.
Established in 2003, our advisory team consists of seasoned risk professionals who have proven
experience in designing, delivering, implementing and maintaining leading risk management solutions. Our principal advisory locations are
London, Zurich, Auckland and Hong Kong and in 2010 we established a partnership
with Madison-Davis called
RiskBusiness Americas, www.riskbusinessamericas.com,
to jointly promote our services in the Americas. In 2012, RiskBusiness extended its global footprint when it incorporated ACMEConsultora to establish RiskBusiness Latin America,
RiskBusiness Latin Americas.