RISK MANAGEMENT
MAS Business Solutions help firms and organizations to create, develop, and sustain digital risk strategies. We help identify the functional risk areas for different sectors and provide reliable control measures as per the leading standards and industry practices.
We also assure that you get the most out of your investment by enhancing your customer experience, reducing cycle time, mitigating privacy, security, and compliance risks, and optimizing your business performance.
Whether it’s for designing the strategy for operational management, managing an indispensable event, maximizing the control of any activity, or evaluating the organization’s efficiency, the risk management factor is vital in all these cases.
A proper risk management plan will help you identify possible solutions and improve your project ahead of any financial losses and protect the company’s assets.
To help you meet these challenges, MAS Business Solutions offers a wide range of services:
- Governance, Risk Management and Compliance (GRC)
- Global Enterprise Risk Management (ERM)
- Risk mapping, modeling, and quantification
- Control of activities and internal control
- Cybersecurity
- Fight against fraud and corruption
- Extreme risk management
Plan your Risks to Better your Decision Making
To avoid any severe circumstances in the future, companies must design a practical blueprint and plan all the outcomes before making any relevant decision. It gives an idea and makes you aware beforehand of how much risk or new opportunity is related to that decision.
To save a business from being negatively affected, knowing the risks, its evaluation, and management is a “must” for all business owners and decision-makers of the company.
Frame your Risk Maps
Top-Down Approach
The top-down approach analyzes risk by aggregating the impact of internal operational failures.
Bottom-Up Approach
The bottom-up approach analyzes the risks in an individual process using models.
Install your Risk Management Process
- Definition of the strategy of the risk functions
- Construction or optimization of risk management systems (COSO 2, ISO 31000)
- Purpose of process, installation of ad hoccomitology
- Deployment of training or awareness programs
- Definition of steering indicators (KRI)