Risk Management for Family Offices.
Enterprise Risk Management
In large organisations risk management is not just about pushing paper. Its a proxy-leadership tool that ensures everyone understands their role in the business, encourages accountability, recognises individual contribution, mitigates the impact of inevitable risks, while identifying scenarios that the business must be prepared for.
Above all a risk management regime forces Family Office professionals to ask themselves the hard questions?
Ask Yourself the Hard Questions:
Benefits:
- Integrate risk management into business processes.
- Understand and communicate your risk landscape, effectiveness of mitigation and tolerances firmwide.
- Connect risk management to your strategy and objectives.
- Monitor individuals, departments and enterprise - change focus and accountability.
- Develop resilience, be prepared for the inevitable and have plans in place.
Good risk management underpins the successful delivery of strategic objectives
Once in place, a risk framework is a pseudo-autonomous system of checks and balances, delivering resilience, which addresses a broad array of risk categories:
- Operations
- Financial
- Reputation
- People
- Infrastructure
- Compliance
Streamline internal controls
Successful regimes address:
- Operational risk mitigation
- Business continuity and intergenerational transfer
- Incident management – cyber security / privacy breach
- Fraud investigations
Investment Risk Management
Find out how by using SRL Analytics you can undertake powerful investment stress-tests of value at risk (VaR) with Monte-Carlo, Historical and Parametric Simulations.
Fundamentals
We benchmark Family Offices in order to help them understand their level of resilience and operational maturity; providing them with different lenses through which to consider each aspect and develop their risk management regime. Our tools and benchmarks can be coupled with access to SRL Opus Consultants who can accelerate growth and ask the hard questions.
Financial Stress Test
Scenarios, factor analysis and efficient frontier. Portfolio manager benchmarking.
Operational Resilience Assessment
Governance, control and TOM.
TER Benchmarking
Ratios and costs at scale.
External Threat Vector Analysis
Privacy, protection and critical systems for the protection of the family and its legacy.