Continuity’s Technology Enabled Performance Solutions
Your financial organization needs effective ways to identify, measure, monitor and control risk — at an affordable fee structure. Adding a full/part time manager dedicated exclusively to the risk role is not practical or affordable to ensure positive outcomes.
Our Solution: OnDemand Risk Consulting
Continuity’s consultants operate as an extension of your risk department. Depending on your needs, we assign a consultant or a team of industry veterans to help you implement a forward-looking Enterprise Risk Management (ERM) process.
Whether you’re just starting out or have goals to enhance your current ERM process, our team can help your team craft a scalable solution that’s effective and garners executive management and board buy-in. Our ERM technology, combined with the guidance of our consultants help your financial institution synchronize its risk management and strategic performance priorities. From an operational and holistic standpoint, it’s about how risk informs management with meaningful risk data to enable decision making to grow your organization and reduce costs — while taking your tolerance for risk into consideration. We help you determine the right risk appetite to ensure your financial institution strikes the right strategic balance.
Your Continuity consultant is a certified expert with more than 10 years of direct experience as former regulators, regulatory attorneys, former bankers, technologists, auditors and strategic planners.
On Demand Risk Oversight: Meeting You at Your Level of Need & Budget Requirements
Our industry veterans help you achieve your ERM goals utilizing a combination of technology, like our flagship product RiskAdvisor, and through regular remote interactions by phone, web or video conference. Our consultants work with your employees, officers and directors to reduce regulatory burden and drive optimal performance.
To meet you where your needs are at any given time, you choose the mix of technology products, along with the amount of time you require for consulting services. Your annual subscription fee is based on your product selection and the percentage of time you choose to assign to your risk consultant. This enables you to build a fee structure that reflects your current needs, priorities and your budget.
How it works
By combining our automated, cloud-based technology with dedicated experts to guide your ERM process, you ensure your ERM strategy and your operating environment will be best-in-class, at a fraction of the cost of traditional approaches.
A Continuity consultant assists your financial institution by performing some or all of the roles and responsibilities that would typically be performed by a risk officer. We begin by meeting with your team to establish the needs and priorities of your ERM strategy. We establish an account profile, which determines weekly, monthly or quarterly meeting and reporting schedules. We provide executive management updates, performance reports, outcomes and accountability for results at agreed upon intervals. As the complexity of managing risk continues to escalate, Continuity’s technology enabled performance solutions will help you meet the challenges you face, streamline your ERM process and allow you to own your Risk IQ.