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New regulations, competitive pressures and emerging technologies require banks to face the challenges arising from an ever-changing environment and start finding a way to change their processes, organizations and people. Avantage Reply helps financial institutions to define a new framework to keep pace with the unending regulation and technology revolutions.
The pressure to evolve without negative impact on compliance requirements is a persistent challenge for risk management functions that are primarily affected by increasing regulatory constraints and compliance costs.However, looking at the actual evolving context, risk leaders are aware that good risk management can no longer rely on rigid processes, complex methodologies, and hierarchical operating structures. Risk frameworks should be innovative and agile. About it, financial institutions ask themselves quite a reasonable question: 'Where do we need to start?'
The risk transformation process is not an easy climb, but with our help, we ensure that the summit will be reached reliably.Avantage Reply is the best guide you can get. We guide our clients towards an evolution of the risk framework, starting from changing mindsets to ensure significant operational enhancements and create business value.
Advisory
Plan & Design
Implementation
Advisory on the regulatory landscape, business processes and IT technologies
Planning of the project roadmap and design of new risk management processes and frameworks
Governance and monitoring of the implementation and testing phases