Risk and Compliance Advisory
Strategic and Tailored Risk Management for the Evolving Financial Services Landscape.
At Ulysses Partners, we specialize in providing risk and compliance consulting services tailored specifically for the size, complexity, and risk profiles of banks, fintech companies, and other financial institutions.
Our expertise lies in ensuring that organizations remain innovative and competitive whilst achieving compliance with a complex and evolving regulatory landscape.
With a keen focus on your unique challenges, we deliver solutions that are not only robust and compliant but also aligned with your business's dynamic needs and aspirations.
How we help our clients:
Remember to scroll down for more details on each service line - including exactly how your company benefits from each successful project delivered.
Risk & Compliance Maturity Assessment
Evaluate and enhance the effectiveness of your risk and compliance programs against industry standards and regulatory requirements. Tailored assessments provide strategic insights to bridge gaps and strengthen controls in your financial organization.
Automation and Digitization of Risk and Compliance Workflows
Transform risk and compliance processes through cutting-edge automation and digitization. Leverage advanced technology for efficient, real-time monitoring and decision-making, ensuring streamlined compliance and risk management in your financial operations.
Why Choose The Ulysses Partners Risk and Compliance Consulting Team?
Collaborative Partnership Model
We work as an extension of your team, ensuring that the risk and compliance environment provides effective control and helps accelerate the execution of the business strategy.
Proactive Approach in Risk Assessment
By anticipating regulatory changes and industry trends, Ulysses Partners proactively identifies potential risks, ensuring your organization is always prepared and compliant.
Advanced Technological Integration
We partner with specialist Technology providers to offer real-time monitoring and decision-making capabilities, setting a new standard in efficiency and workflow solutions.
Explore our Offerings in Detail:
We focus on delivering risk and compliance solutions that are proportionate to the size, scale, and complexity of the business, are forward-looking and leverage digitization, automation and artificial intelligence that optimize control, cost, customer and colleague outcomes.
Risk & Compliance Maturity Assessment
The Problem: Gaps or ineffectiveness in risk & compliance programs lead to weak controls and increased risk of regulatory non-compliance. This is compounded by increasing regulatory scrutiny, new/changing regulations, and growing size/complexity of banks and their relationships with third parties.
The Solution: Help banks and fintechs understand new risks/regulations and assess/identify gaps in their risk and compliance programs that need to be addressed. Help them meet timelines for regulatory compliance through effective change implementation.
Description:
Ensure risk & compliance programs keep pace with changing business strategy, regulations, regulatory expectations and industry best practice
Help clients develop innovative solutions for audit/regulatory findings
Identify areas to leverage data, technology and AI better to improve program effectiveness
Ensure risk and compliance programs are proportionate to organization size, risk and complexity
Key Benefits:
Supports business growth through effective control thus cultivating positive regulatory relationships and client trust in brand
Improves efficiencies and profitability
Builds credibility with board, executives, auditors and regulators
Automation and Digitization of Risk and Compliance Workflows
The Problem: Risk and compliance programs are largely manual, leading to control weaknesses and increased risk of regulatory non-compliance. These programs lack real-time data access for risk monitoring due to underinvestment in technology. Increasing cost pressures and efficiency demands are straining Risk and Compliance functions.
The Solution:
Implement technology solutions to automate and digitize risk and compliance workflows, enhancing efficiency and control.
Improve data access for better risk monitoring and decision-making.
Incorporate a '4 C's' design philosophy focusing on Client, Colleague, Control, and Cost.
Description:
Optimize process journeys with a focus on client and colleague experience, control effectiveness, and cost
Utilize low-code technology to streamline data, teams, systems, and processes, delivering faster results with high configurability and adaptability
Identify key data sources for aggregation and dashboarding to support monitoring and improve risk decision-making
Implement changes associated with technology and data solutions including policy and procedure updates, process mapping, and team training
Key Benefits:
Enhances the effectiveness of risk and compliance controls
Improves monitoring of key risk indicators through data access and aggregation, aiding early warning systems
Reduces reliance on manual processes, boosting process efficiency and contributing to more competitive cost-to-income ratios
Effective change management processes ensures embedment and sustainability
Let’s work together:
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