Top 10 Risk and Compliance Consulting/Services Companies - 2019
IDEAGEN: A Complete Framework for Compliance and Risk Management

Top 10 Risk and Compliance Consulting/Services Companies - 2019

Being compliant to banking regulations is a key to uphold the soundness and integrity of the financial system. Due to the increasing reliance on digital infrastructure, CIOs face the daunting intricacies of striking the right balance between protection and progress of privacy and data governance. That’s precisely where a holistic governance risk and compliance framework comes into picture. Adopting the right GRC services enables organizations to reinvent their growth strategies, develop a more economical cost structure, and increase overall business efficiency.

As business ecosystems have become so deeply interconnected, a single error can result in widespread disruption. For this very reason organizations, today prefer an integrated approach to GRC. It helps organizations anticipate, understand, and holistically manage the risks while helping them connect the dots between risks, compliance, and other GRC elements that impact business performance. As a result, organizations can better balance risks and opportunities, make confident strategic decisions, and respond effectively to the changes that occur within and outside the enterprise. Also, an integrated GRC approach enables a coordinated and cross-organizational approach to risk management. Subsequently, GRC initiatives are aligned centrally with corporate governance and reporting but are distributed to lines of business to assign ownership, execution, and accountability.

Technology proves to be an essential key in delivering sustainability, consistency, efficiency, and transparency across this federated GRC process. Businesses are collecting and processing more data than ever, from various sources, and they’re sharing it more widely with partners, customers, and suppliers. With all this data moving around, internally, externally, and in the cloud, it’s clear that governance, risk, and compliance are at an inflection point. Artificial intelligence and machine learning allows enterprises to analyze data at scale, and spot patterns and anomalies that could indicate signs of trouble.

Although organizations are witnessing a tremendous success leveraging GRC services, they face a great challenge when it comes to choosing the right service provider. To help them choose the best service providers, our distinguished panel of judges comprising CEOs, CIOs, and CMOs have analyzed scores of GRC service providers in the market and shortlisted the companies that are at the forefront of tackling challenges in the arena.

We present to you CFO Tech Outlook’s “Top 10 Risk and Compliance Consulting/Services Companies - 2019.”

Top Financial Risk and Compliance Companies

An enterprise risk management (ERM) and planning firm for community banks

cb-resource.com

ACCEL Compliance

ACCEL Compliance

ACCEL Compliance offers insurance transactional, regulatory, compliance services, outsourced license management and legal strategies

Albert Risk Management Consultants

Albert Risk Management Consultants

An independent risk management consulting firm providing clients with fee-for-service in navigating and managing complex risk matters, insurance, and post loss recovery

Blue River Partner

Blue River Partner

Caters Regulatory Compliance Program Design, Implementation and Ongoing Management

Compliance Risk Concepts

Compliance Risk Concepts

CRC provides top-tier compliance consulting services, helping Organizations in developing strong risk management culture

Occams Advisory

Occams Advisory

Occams Advisory is the advisory firm which provides small businesss with an access to an affordable strategic advisory and functional services

Ongoing Operations

Ongoing Operations

Ongoing Operation's compliance solutions and consultants provide a holistic system that leverages best practices to improve the process compliance audits and reporting

Risk International

Risk International

The firm's risk management strategies aim for transformative changes in businesses and an increase in its profitability scale

Riverside Risk Advisors

Riverside Risk Advisors

Riverside Risk Advisors provides expert advice regarding interest rate, currency, commodity and equity derivatives. Riverside helps its clients lower costs, improve terms and optimize execution

Virtual Compliance Management (VCM)

Virtual Compliance Management (VCM)

VCM assists in compliance auditing, critical service of transmitting and converting money, enterprise wide risk management, and compliance consulting