Operational Risk is rapidly gaining importance and attention in the financial sector. Financial services organizations not only have regulatory issues to be aware of and address, but there are several other significant risks stemming from people, processes, technology, and external areas that banks must proactively identify and manage. Operational risk practices are maturing, and increasing in both complexity and severity, and typically require involvement from multiple service areas within a single institution. In addition, the regulatory agencies require a framework that includes the development and implementation of a comprehensive and reliable operational risk management system, guided by the board of directors and senior management, all of which requires the appropriation of adequate resources.
Treliant works with institutions in the financial services industry and consumer-oriented businesses to develop, execute, and maintain sound operational risk management programs and reviews that meet regulatory and supervisory expectations. We provide a broad range of services from program assessment, roadmap development, identification of key risk indicators, cybersecurity, information governance, third party risk management, and incident response management, among others. Treliant professionals are familiar with industry best practices. By monitoring the industry environment and familiarizing themselves with changing regulations, they provide the most effective and efficient services and advice to operational risk clients.
Treliant’s Operational Risk Advisory Services include: