Banks face a confounding challenge. They must adopt emerging technology quickly while ensuring security and compliance remain intact. However, the plethora of processes and controls banks use to keep their systems secure are inefficient and slow down innovation. Solving the development and compliance dilemma requires more than a brute-force approach.
West Monroe’s Integrated Technology Risk Management solution helps organizations shift to proactive risk management through guardrails instead of overly prescriptive controls. Why is this ideal?
Our approach is designed to fit your needs, not the other way around. It’s adaptive and works from the information we gather from your organization. By leveraging a small sample of your organization’s data, we help you make your approach to risk management sustainable.
Improved understanding of your current control alignment by product and domain
Reduction in the time and effort it takes to remediate adverse findings
Ability to scale operating model and promote a culture of compliance, accountability, and ownership
Enhanced visibility into potential issues and risks
Consolidated view of current risk posture
Insights that improve your existing methodologies and tools to enhance your risk program continuously
We help you identify risks, including what they are, how big they are, and where they are. It’s our goal to empower your team with the tools to self-manage risk in the future.
Build the organizational foundation for proactive risk management. By reorganizing your operating model to support a guide rail approach, we can integrate technology while staying within the bounds of industry regulations.
Is your organization on the cusp of integration? This solution will help you evaluate your current state to integrate, develop, and build tech architecture in a secure and compliant manner.