Our Clients Benefit from Our Experience & Customized Solutions
At GRC Solutions, we understand the challenges our clients face because our consultants have first-hand financial institutions management experience, including serving as CEOs, CFOs, COOs, CROs, CIOs and other senior level positions. We bring our years of experience and in-depth knowledge of the financial services industry to each engagement to deliver valuable, objective insights that help align risk strategy to business strategy, optimize resources and enhance organizational performance.
- Strategic Planning
- SOX & FDICIA Services
- Product & Service Risk Assessments
- Enterprise Risk Management
- Due Diligence
- Project Management and Customized Consulting Engagements
More Effective Strategic Planning
Financial institutions that just do the basics in terms of strategic planning may be missing growth opportunities. We help our clients by augmenting their strategic planning process with a detailed analytical component, which includes a full financial review, customer base assessment, market demographic study, product evaluation, competitive analysis and custom designed peer group comparison. Customer, product and branch profitability studies can also be conducted. Utilizing the knowledge gained through GRC’s robust strategic planning process, financial institutions are better positioned to target new opportunities and enhance their performance.
SOX & FDICIA Services
GRC also assists financial institutions with meeting the requirements of Section 404 of The Sarbanes-Oxley Act of 2002 (SOX) and Section 112 of the Federal Deposit Insurance Corporation Improvement Act (FDICIA). Using the industry COSO 2013 framework standard and our proprietary process, we provide consulting services to ensure that our clients continue to maintain an effective internal control structure which is in compliance with SOX and FDICIA requirements.
Product & Service Risk Assessments
As financial institutions seek to compete, increase revenue and maintain an acceptable risk profile, adding and expanding products and services can enable organizations to enhance their profitability. At GRC Solutions, we provide customized reviews of new products and services. This entails identifying the corresponding risks, recommending appropriate mitigation processes and strategies, and working with management to evaluate the appropriate risk/reward metrics while meeting regulatory expectations. Our process enables financial institutions to expand their product and service offerings while ensuring appropriate risk management.