ErmsCo ERM Foundations Released
ErmsCo has released The ErmsCo ERM Foundation package which is an excellent solution to assist a bank with a successful implementation of Enterprise Risk Management. ERM Foundation includes a full set of administration and management guidelines such as organization frameworks and structures, risk committee charters, policies and procedures, reporting guides and a detailed project plan. All the content in the ERM Foundation package has been used and proven in highly successful ERM implementations.
Banks that utilize ERM Foundation will be able to save countless hours that would normally be spent on defining risk management, identifying risks, creating effective controls and determining adequate risk indicators to signal changes in risk levels.
To learn more, please download the ErmsCo ERM Foundations Executive Brief:
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Enterprise Risk Management (ERM) provides
management teams with a set of tools to identify,
analyze and administer the risks an entity
encounters while conducting business.
What is the Current State of Your Risk
Management Process?
Recent surveys indicate that 75% of Directors
aren’t sure they have the risk information they need
to effectively oversee their organizations. Boards and
Executive Management teams are responsible for
protecting their stakeholders by ensuring their risk
management processes confirm that excessive risk
taking is not occurring. This is perhaps the most
critical activity any firm has in these turbulent
economic times.
Where Does Your Risk Management Process Stand?
Understand the
current state of your Risk Management Process by
participating in our Risk Management Process
Assessment. ErmsCo can review your organizations
current Risk Management Process, determine the
maturity level and provide key enhancement
recommendations to improve your competitive
position. These reviews are completed in an
effective non-intrusive manner in 60 days so you can
move into action strategically with your Risk
Management Process.
Need to Move Ahead
Rapidly with Your Risk Management Process
Enhancement Program?
We
collaboratively develop Risk Management Process
Enhancement Programs with our clients to ensure
strategic alignment and program success. We
understand the time constraints that are imposed by
Regulatory Agreements and will use our methodology
to quickly construct a Risk Management Process
Enhancement Program that will accomplish strategic
objectives and receive rapid approval from your
Regulators.
The ERM Advantage
Our
Mission
ErmsCo is dedicated to the promotion of Enterprise
Risk Management to enhance stakeholder value through
optimization of risk, control and return.
What Our Clients
Are Saying...
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Client CEO: “ErmsCo helped our Board,
Executives and Risk Management personnel
understand ERM and how it can improve earnings
through risk management process improvement.”
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Client CEO: "ErmsCo’s Risk Management
Process Enhancement Program was exactly what we
needed and the Regulators gave it a quick thumbs
up."
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Client CFO: “ErmsCo identified risk
management cost savings well in excess of their
fees.”
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Client CRO: “ErmsCo got our risk management
project moving through thoughtful leadership, a
well defined plan and focused execution.”
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