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The financial crises spurned many changes, and regulators are working to ensure companies are better
prepared for future economic outcomes. Focus has moved from updating technologies and rules to
rationalizing the layers of technology systems added since 2010 and finding the best ways to automate
processes. In this, financial risk management has developed needs for a range of different skill sets
beyond finance and accounting to IT, data expertise, risk, etc. To fill in these requirements companies are
supplementing their in-house talents with outside providers.
This report examines how consulting firms are helping to integrate once isolated functions of risk,
operations, and strategy, into cohesive financial risk models.
Financial Risk & Controls Advisory