Companies worldwide are using enterprise risk management to address their stakeholders’ new demands to manage risk.
ERM services can help provide an organization-wide approach to the identification, assessment, communication, and management of risk. The ERM framework addresses five risk elements: risk governance, risk assessment, risk quantification and aggregation, risk monitoring and reporting, and risk and control optimization. KPMG can help facilitate and perform an enterprise risk assessment that identifies and assesses an organization's current risk inventory. We can also review and assess the current state of maturity of their risk management program, providing observations and recommendations for improvement.