top of page
11. London B Palace.jpg

TOSMS Boardroom Services

Pillar 6: Boardroom Risk and Compliance Monitoring

  • Thirty risk and compliance monitoring practices transformed to provide accurate, responsive, proportionate and informed feedback to the board and excutive team for generating action plans to drive risk mitigation.

 

  • A Plan-Action-Review-Attest Monitoring Cycle with Automated Preventative Maintenance Routines applied within our Three Lines of Assurance compliance model.

​

  • Digitiation, integration and automation of compliance obligations to create an expert system that effortlessly manages thousands of Detail Level Requirements extracted, analysed and embedded into controls for governing the organisation's business operating models.

 

  • A risk and compliance monitoring relational database of mission critical data for analysis and enhanced risk mitigation.

​

  • Integration of risk and compliance monitoring into your business architecture for optimum board and excutive team governance.

IGF - F part.png

Interventions by regulators globally have compelled governing bodies to pay attention in greater detail to their core business practices. Solvency, Data Privacy and Climate Change Reporting are the tip of the iceberg. There are millions of pages of legislation in circulation in a constantly changing regulatory environment that is a challenge for the boards and executive teams to stay in control of, especially for multinational corporations with multiple jurisdictions.

 

There are thirty core  risk and compliance monitoring digital practices that our consultants use to help boards and executive teams remove barriers permanently and deliver key metrics and detailed risk analysis of operating model performance. The result is accurate, responsive, proportionate and informed feedback for generating action plans to drive risk mitigation.

 

Our toolbox of applications and our expertise and international best practices are combined into a comprehensive range of  digital services that include:

 

  • A Risk Inventory Register of all content for consolidating and managing risk and compliance efforts across the organisation

​​

  • A page-turn analysis of industry regulations into Detail Level Requirements (DLRs), their logical grouping into Workstreams and risk assessment using inherent and residual risk frameworks for each clients’ specific businesses

​​

  • The legal interpretation of each regulation into a Register of Rulings per business operating model that captures the decisions made, and rationale used, for how each interpretation issue is to be handled in each operation

​​

  • The incorporation of high risk DLRs into impacted business operating models through controls that specify the processes, records, systems and roles that make up each risk mitigation solution the control is delivering

​​

  • Integration of business architecture for governance by boards and executive teams with technology for delivery of risk and compliance monitoring solutions that provide real time, online information at speed for informed decision-making and deliver reduced cost, complexity and risk.

bottom of page