Technological monitoring
To stay ahead of our clients’ requests on regulatory problems, RISKALIS CONSULTING applies continuous technological monitoring focusing on these three main axes:
The Regulatory axis
RISKALIS CONSULTING tracks the various risk-related rules and regulations that institutions are establishing through time, particularly Basel II.
RISKALIS CONSULTING is already starting to work on the Solvency II rules and regulations in the insurance domain, and on COSO II for the industry. RISKALIS CONSULTING now has a substantial management knowledge base in terms of regulation.
The Information System axis
RISKALIS CONSULTING conducts regular market surveys and reviews developments on the market regarding risk management software, this in order to be able to give our clients a constantly renewed and objective advice. RISKALIS CONSULTING establishes partnerships with the main software publishers for this matter.
The Work axis
RISKALIS CONSULTING puts a major effort to listen to the profession so as to detect and document the best possible practices in risk management. The PAMIR® methodology is an important development focus for RISKALIS CONSULTING, considering the substantial gap in the financial sector considering risk management in comparison with the industrial and technological sectors.
Our methodology has to include, proactively, the perpetual emergence of new kinds of risks due to new financial products, and therefore create a more accurate estimation of the risks that will enable managers to select the best possible lines of defense.
In the context of development of the PAMIR® methodology, RISKALIS CONSULTING benefits from an innovation assistance provided by OSEO ANVAR (Contract A0608004Q of 12.12.2006, the purpose of which is summarized as “Development of a methodology and associated tools to improve risk management within the framework of financial establishments and associated services”).