Risk Management Services

Best practices for risk management ensure that risk is adequately managed. On a periodic basis, management should identify and assess the primary risk issues applicable to all business activities including the related control mechanisms utilized to identify, measure, monitor and control the relevant risks. The key object of a Risk Assessment Framework is to effectively assess the legal and reputation risk exposure of an institution’s business activities, not only in terms of adhering to applicable laws and regulations, but also to relevant internal firm policies and standards of conduct. McCoy Computer Services, LLC., can assist with compliance function strategies and design reviews to help clients identify practical opportunities for improvement.