Enterprise Risk Management

Anaptyss

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Realistic and Tailored Solutions

Partnering with the
Office of the CRO

Our proprietary Digital Knowledge Operations™(DKO™)-based enterprise risk management (ERM) approach offers deep-domain expertise to assess, identify, and mitigate a variety of risks.

We design and deploy cross-functional, domain-agnostic process control systems, perform AI-powered control testing, and Managed Services with integrated quality, compliance, and certified operations teams to offer reliable and cost-effective execution.

Anaptyss partners with Chief Risk Officers, Risk Managers, Chief Data Officers, law firms, and other stakeholders/entities to manage pitfalls in situations involving financial crime, operational disruption, market volatility, hazards, ESG risk, strategic failures/lapses, process/operational issues, etc.

Commercial & Industrial Lending

• Adherence to Shared National Credit Program • Review of SBA/HLT • Review of mercantile report • Review of field audit report • Compliance process findings • Collateral valuation • Lien status, title work, UCC search

Operational Disruption

• Employee training • Technology/system breakdown • System failure

Credit Risks

• Credit policy controls • Operational Risk Controls • Undocumented Controls • Additional Controls
• Inherent Risk Ratings • Impact of Ratings

Commercial Real Estate

• Title search • Survey • Zoning requirement • Escrow requirement • Encumbrances review

Enterprise Risk Management Systems

• System selection • Implementation • Post-implementation support • Reporting

Financial Crime Compliance

•Pre-boarding & KYC • CDD & EDD • Transaction monitoring • Fraud management • FED testing and remediation • End-to-end alert management • Transaction monitoring • Payments review • ACH management • Reporting & SAR filing support

Risk Strategy

• Policy and governance • Regulatory compliance • Balance sheet management

Tech-Powered Risk Oversight

Enterprise Risk Management
Modernize the Lines of Defense

Leverage our proactive, risk-based approach to transform the traditional 3 lines of defense (LOD) model to address the rapidly emerging financial & non-financial risks.

Our domain-centric & real-world approach combines human expertise with intelligent technological interventions to effectively remediate vast enterprise risks by implementing proven strategies and frameworks.

We assist financial institutions in policy audits and reviews, risk assessment and identification, control design and testing, quality management, and general policy governance across the processes, staff, technology stack, and other critical pillars.

Control Design & Testing
Checklist-Based Approach
Business Consulting & Implementation
Built-in Automation & Data Analytics

Design, deployment, and testing of control mechanisms based on the bank size, geolocation, demographic profile, and product line to ensure optimum enterprise risk mitigation outcomes and profile score.

Enhanced control framework and testing scripts
Continuous control monitoring
Managed Center of Excellence for testing for best-in-class efficiency and effectiveness
Simplified change management

We leverage customized checklists for individual banks, offering a 360-degree, touchpoint-based approach for assessing and mitigating enterprise risks. Our focused ERM approach helps through the following:

Top-down approach for enterprise risk assessment
Granular checklist with 100+ items
Manageable and portable formats
Reporting on the progress of ERM

Our seasoned advisory team helps banks design robust policy frameworks and processes to manage enterprise risks for diverse functions and verticals such as financial crime, commercial and industrial lending, commercial real estate, etc.

Assess and verify the processes and models
Review, evaluation, and profiling of risks
Propose and implement process management frameworks
Simplify and standardize operations through process re-engineering

We deploy intelligent automation solutions and advanced data analytics to allow high predictability, quality, efficiency, and cost-effectiveness in process models and business systems. With hands-on expertise in technology implementation and a realistic approach to digital solutions, we help financial institutions manage a vast range of enterprise risks.

AI/ML-powered financial crime mitigation
Automated transaction monitoring systems
Predictive analytics
SMART dashboards

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Key Differentiators

Why Anaptyss?
Our USPs

With Anaptyss, achieve timely, cost-effective, and reliable implementation of enterprise risk management strategies across virtually all verticals and functional areas. Our delivery models offer the flexibility and expertise to support successful execution of complex ERM projects. Aside from deployment, our domain experts also offer domain-led risk advisory to conceive ground-up frameworks and systems for managing risks.

100% Certified

delivery leadership

8+ Decades

of domain expertise

SMART Dashboard

with 360-degree-view of business metrics

Comprehensive

defense for governance, risk, and control.

Frequently Asked Questions

1. What is Anaptyss’ approach to managing enterprise risks?

Our tailored consultative approach addresses the risks at the policy level through a strong partnership with subject matter experts and business and operations teams. We audit the processes and models, profile risks, implement process management systems, and redesign processes for optimal performance.

2. How does Anaptyss’ domain-centric approach help financial institutions manage enterprise risks?

Our domain-led approach allows our consultants to deep-dive into the specific risk types and organizational contexts to understand the root cause. We map robust policy controls to the processes, review/rewrite control descriptions, and perform extensive control testing to enable comprehensive enterprise risk management.

3. What is the scope of your enterprise risk management solutions?

Our domain experts assist banks and other financial institutions develop & test robust frameworks and processes to manage enterprise risk across diverse functions and verticals. Key areas included in our ERM practice include financial crime, commercial real estate, commercial and industrial lending, credit risk, operational disruption, etc.

4. How does control testing help mitigate enterprise risks?

Correct implementation and testing of controls are key to mitigating enterprise risks. Deploying the control mechanisms based on the bank profile, geolocation, size, and product line can help mitigate the enterprise risks and profile score. These include steps such as continuous control monitoring, enhanced control framework and testing scripts, simplified change management, and outsourced testing with the highest quality and efficiency.

5. What services are available to manage risks in the commercial & industrial lending businesses?

Following are some prominent services available to manage enterprise risks in the commercial and industrial lending businesses,

Adherence to Shared National Credit Program
Review of SBA/HLT, mercantile and field audit report
Compliance process findings
Collateral valuation
Lien status, title work, UCC search

6. How are Anaptyss’ enterprise risk management solutions different?

Anaptyss’s comprehensive enterprise risk management solutions enable a comprehensive and customized risk-based approach for financial crime compliance. We leverage our exclusive Digital Knowledge Operations™ (DKO™) framework to facilitate due diligence, remediation, robust policy frameworks design and processes, advanced control testing mechanisms, and checklist-based approach to mitigate enterprise risks in the banking industry.

7. What types of digital solutions are available to manage the risks for financial institutions?

We deploy a wide range of intelligent digital solutions such as AI/ML-based transaction monitoring systems, predictive analytics, SMART dashboards, robotic process automation, and more.

8. What services are available to manage risks in the commercial real estate segment?

Title search, survey zoning requirement, escrow requirement, and Encumbrances review are some prominent services available to manage enterprise risks in the commercial real estate segment.

9. What are credit risks and how does Anaptyss help mitigate credit risks?

Credit risks comprise a wide array of financial risks such as market risk, price risk, and liquidity risk that arise due to the effect of market forces on financial assets and liabilities. Our ERM approach is based on implementing the controls for credit policy, operational risks, documentation, etc. Additional considerations include inherent risk ratings and the impact of ratings.

10. What is meant by advanced control testing?

Control testing is a powerful technique comprising processes to check, determine, and mitigate risks in a stepwise manner. Our advanced control testing involves the use of an augmented control framework with ongoing monitoring and agile change management.

Anaptyss