Enterprise Resource Management (ERM)
We help organizations identify, assess and mitigate risks through structured frameworks that enhance resilience, regulatory compliance and business continuity. We serve various institutions including but not limited to Healthcare Payers, Financial Services and Higher Education.
Risk Identification & Assessment
We analyze threats across financial, operational and compliance domains.
Compliance & Regulatory Risk Management
We ensure adherence to industry regulations and mitigate compliance risks.
Operational & Financial Risk Mitigation
We develop strategies to minimize financial losses and operational disruptions.
Business Continuity & Crisis Management
We implement plans to maintain operations during disruptions.
Cyber & IT Risk Governance
We strengthen cybersecurity resilience through proactive risk management.
Frameworks & Methodologies:
- PMI Program Management ISO 31000
(Risk Management) - COSO ERM Framework
- NIST Risk Management Framework
(RMF) - FAIR (Factor Analysis of Information Risk)
Enterprise Risk Management (ERM) for Higher Education
Higher education faces rising risks from cyber threats and leadership crises to online learning challenges, campus security and growing competition. We support institutions navigate these challenges with a proactive, strategic approach.
Key Risk Areas We Address
Enrollment
This remains a significant concern for institutions, with 71% of respondents citing it as a top risk.
Data Security
While still a major concern, data security dropped slightly to second place, with 56% of respondents mentioning it.
Operational Pressures
Institutions are facing increasing pressure to manage operations efficiently and effectively.
Recruitment and Hiring
Maintaining a talented workforce remains a challenge for higher education institutions.
Regulatory and Legal Compliance
Increasing regulatory scrutiny and compliance requirements are a growing concern.
Facilities and Deferred Maintenance
Maintaining and upgrading facilities can be a significant financial and operational challenge.
Student Mental Health
The mental health and well-being of students are increasingly recognized as a critical issue.
Funding
Sustaining adequate funding for various aspects of the institution is a persistent challenge.
Public Safety
Ensuring the safety and security of students, faculty, and staff is a paramount concern.
Three-way tie
General Premises Safety, Title IX, and Political and Societal Pressures.
Our Approach
Risk Assessment & Mapping
Identifying and prioritizing risks that impact business continuity and objectives.
Policy & Framework Development
Implementing robust governance structures for proactive risk mitigation.
Business Continuity & Crisis Planning
Developing contingency plans to ensure resilience in times of disruption.
Training & Stakeholder Engagement
Empowering leadership, employees, and stakeholders with risk management best practices.
Frameworks & Methodologies:
Our frameworks and methodologies include but are not limited to:
- ISO 31000 (Risk Management).
- COSO Enterprise Risk Management (ERM) Framework.
- NIST Risk Management Framework (RMF).
- COBIT (Control Objectives for Information and Related Technologies).
- ITIL (Information Technology Infrastructure Library).
Enterprise Risk Management (ERM) for Healthcare Payers
Healthcare payers, insurance companies, government programs (Medicare, Medicaid) and employers, face several significant risks. We deliver Enterprise Risk Management (ERM) solutions to help payers mitigate risks, improve compliance and optimize operational efficiency.
Key Risk Areas We Address
Financial & Cost Risks
Healthcare payers face rising costs, fraud, MLR pressure, and reimbursement challenges that threaten profitability.
Cybersecurity & Data Risks
Sensitive data is at risk from breaches, ransomware, and interoperability gaps, with increasing compliance demands.
Market & Competitive Risks
New entrants, vertical integration, and value-based care models are reshaping the payer landscape.
Economic & Coverage Risks
Economic downturns and gig work reduce employer-sponsored coverage and premium revenues.
Public Health & Demographic Risks
Aging populations, chronic diseases, and public health emergencies increase claims and resource strain.
Regulatory & Compliance Risks
Frequent policy shifts, transparency rules, and multi-state regulations increase compliance complexity.
Operational & Process Risks
System inefficiencies, claims errors, and weak continuity planning impact service delivery and cost.
Technology & Innovation Risks
Tech failures, AI risks, and unclear digital health regulations pose adoption and compliance challenges.
Reputational Risks
Breaches, service failures, and equity gaps can damage trust and stakeholder confidence.
Governance & Strategic Risks
Weak ERM structures, unclear risk appetite, and misaligned leadership affect long-term resilience.
Our Approach
Risk Identification & Quantification
Assessing risks related to claims processing, payment models and regulatory shifts.
Technology & Cybersecurity Strategies
Implementing advanced tools for data protection and fraud mitigation.
Crisis & Business Continuity Planning
Strengthening organizational resilience against disruptions and public health emergencies.
Stakeholder Training & Risk Awareness
Engaging leadership and employees in proactive risk management practices.
Frameworks & Methodologies:
Our frameworks and methodologies include but are not limited to:
- ISO 31000 for Risk Management
- COSO Enterprise Risk Management (ERM)
- Framework
- NIST Risk Management Framework (RMF)
- National Association of College and University
- Business Officers.
Enterprise Risk Management (ERM) for Financial Services
Financial institutions operate in a dynamic environment with evolving threats and economic uncertainties. We provide comprehensive Enterprise Risk Management (ERM) solutions to help banks, insurance companies and credit unions strengthen resilience and drive sustainable growth.
Key Risk Areas We Address
Cybersecurity & Data Risks
Rising cyber threats, AI-driven fraud and cloud vulnerabilities put financial data, transactions and compliance at risk.
Interest Rate & Liquidity Risks
Central bank rate hikes and liquidity stress from deposit outflows challenge banking profitability and financial stability.
Market & Credit Risks
Geopolitical instability, market volatility and rising debt defaults threaten investment performance and credit risk models.
Fraud & Financial Crime Risks
AI-powered fraud, deepfake scams and crypto-related money laundering create new financial crime risks.
Operational & Technology Risks
IT failures, third-party dependencies and AI bias in lending models pose significant operational and reputational risks.
Climate & ESG Risks
Climate stress testing, greenwashing concerns and extreme weather events impact financial institutions’ risk management and investment strategies.
Our Approach
Risk Identification & Assessment
Systematically identifying, categorizing, and prioritizing threats across the enterprise.
Quantitative Risk Modelling
Applying data-driven tools and analytics to evaluate exposure and inform decision-making.
Technology-Driven Risk Solutions
Leveraging AI, automation, and secure platforms to monitor, prevent, and respond to emerging risks.
Business Continuity & Crisis Planning
Designing strategies to ensure operational resilience during disruptions and emergencies.
Stakeholder Training & Awareness
Building a culture of risk ownership through ongoing education and leadership engagement.
Frameworks & Methodologies:
Our frameworks and methodologies include but are not limited to:
- COSO ERM Framework
- Basel III
- ISO 31000: Enterprise Risk Management Standard
- Solvency II
- IFRS 9
- OCC Guidelines
- NIST Cybersecurity Framework
- The Three Lines of Defense Model
- Fed SR 95-51
- GRC Frameworks
