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Risk analytics

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RSM’s skilled consultants offer guidance on data analytics processes to improve the efficiency of compliance activities.
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Governance, risk and compliance

Risk management process automation

Risk analytics consulting advisors help improving the efficiency of compliance and assurance activities through data analytics

Today companies are awash in data as they’re learning the process of collecting information isn’t a problem. Ideally, data analytics reveal outcomes and trends that can point to emerging changes in risk and lead to better controls and improved risk mitigation. Instead, companies are experiencing a number of challenges getting the right data, understanding how to apply data as well as creating a sustainable process that helps achieve steady and expected results.

RSM understands that data analytics is a window into compliance events and processes. A more automated audit and compliance environment allows you to aggregate the data across systems and use it to refine and adjust practices across the enterprise. Our team transforms traditional processes to help identify, monitor and report on risk, providing insights into both risks and the effectiveness of controls.

Not only can we show you how data analytics can improve the efficiency of compliance and assurance activities, but we can also demonstrate how to continuously monitor business and financial transactions through easy-to-use dashboards, highlighting issues before they escalate into damaging problems. Whether you need us to serve as a full consultant or as an extension to your team, RSM can drive additional efficiencies, offering potential cost savings.

Comprehensive data analytics consulting and risk management services

Analytics for compliance and controls
Companies in a variety of industries find regulatory requirements a challenge. Working with RSM’s experienced team and your own data allows you to establish an effective compliance and controls program. We can also design a data-driven strategy to address requirements, develop analytics to help you monitor process controls, including for Sarbanes-Oxley 404, the Foreign Corrupt Practices Act and anti-money-laundering regulations.
Analytics for internal audit
A robust data analytics process is a complex undertaking. RSM’s proven approach works with internal audit leaders to establish an effective sustainable data analytics program and practical implementation. Additionally, RSM can conduct workshops to assist the internal audit team in identifying how best to utilize analytics and design continued strategies, as well as establish a process to access data and maintain your internal audit repositories.
Risk management and fraud detection
Organizations with no uniform processes tend to review risk individually. RSM’s professionals can design a comprehensive process to manage risks consistently across the enterprise, transforming your risk management and fraud detection initiatives. When deployed, these processes can capture external data, providing indications of events and trends potentially affecting your organization’s ability to achieve its objectives, creating a more integrated risk management environment.
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