Accenture has launched a global risk management consulting service line to help companies better identify, manage and mitigate risks, in order to make greater use of risk data and information to support their decision-making processes. The new service line expands Accenture’s risk-related services as market demand continues to increase in response to recent turbulence in the global economy.
The new service line will help companies more accurately and quickly identify and evaluate risk-adjusted business opportunities and help them extend their risk management function beyond compliance. By combining Accenture’s industry and process experience with its capabilities in data mining, risk analytics and systems integration, the new service line will provide clients with information that supports advanced decision-making and early warning solutions that can detect emerging threats and opportunities.
“In an increasingly volatile and uncertain marketplace, the high-performing companies will be those that strengthen their risk governance, upgrade risk analytics and incorporate advanced risk reporting,” said Steve Culp, managing director of Accenture’s risk management service line. “Risk is rapidly moving out of the back office, and management must balance the need to create value with the need to protect shareholders. As a result, companies must break down organisational silos and integrate risk management across the enterprise in order to succeed.”
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