Non-financial risk management remains a pervasive data challenge.
Risks and controls lack clarity, consistency and connectivity to other key data. Risk management decisions are still based on trust, not facts and well-informed analysis.
Tick-box RCSA exercises, GRC tools and Microsoft Office create unconnected data silos that offer limited insights and prove problematic when trying to build and maintain an effective operational risk management structure.
The status quo is inefficient, ineffective and unsustainable given escalating financial, regulatory and stakeholder pressure. Asset managers are missing the opportunity to collaborate and increase industry-wide resilience, due to disjointed solutions and single firm-insight.
Acin’s award-winning SaaS-based platform provides a single source of truth for operational risk management. Data shared by Acin’s peer-to-peer network of global financial institutions is digitised and analysed, enabling more effective management of non-financial risk and controls.
Our industry-wide network enables peer-to-peer benchmarking giving invaluable insights to manage operational risk. Elimination of associated manual process reduces costs and Acin’s data structures and network standards bring clarity and consistency not seen before in operational risk data.
Acin Terminal houses your digitised data, and is also your window to the Acin Network, which informs better non-financial risk decisions, mitigates risk and reduces losses.
Acin is pioneering a sea change in operational risk management for both individual firms and the industry as a whole.
Amid heightened regulatory scrutiny, Acin is helping to bolster operational resilience and reduce or avoid regulatory fines and other costs associated with ineffective operational risk management. This leads to more effective use of capital and resources and protects reputations.
Acin harnesses the collective strength of a peer-to-peer network and the digitisation of operational risk data to help mitigate risks for financial institutions.
Acin is building confidence and stabilising economies, which will benefit us all.
Contact us to:
Paul Norris, Head of Asset Management
[email protected]
www.acin.com
© 2024 The IA Engine Ltd. All rights reserved. Registered in England and Wales No 11258384. Registered office: Camomile Court, 23 Camomile Street, London EC3A 7LL
