Risk management
I'm a paragraph. Click here to add your own text and edit me. It's easy. Just click “Edit Text” or double click me to add your own content and make changes to the font. Feel free to drag and drop me anywhere you like on your page. I'm a great place for you to tell a story and let your users know a little more about you. This is a great space to write long text about your company and your services. You can use this space to go into a little more detail about your company. Talk about your team and what services you provide. Tell your visitors the story of how you came up with the idea for your business and what makes you different from your competitors. Make your company stand out and show your visitors who you are.
OVERVIEW
McKinsey's Risk and Resilience Practice advises executive teams and boards of directors in all industries on how to achieve excellent risk-adjusted performance. We combine extensive industry knowledge and strategy skills with an innovative, analytical approach to build in-depth risk management skills. Our goal: to guarantee crisis resistance and secure added value for our clients. Our network includes over 100 partners as well as 250 consultants and senior experts who support risk projects in America, Asia, Europe, the Middle East and Africa. Our projects in the area of Risk Advanced Analytics are supported by an extensive team of over 65 modeling experts. In addition, we work closely with experienced consultants - external partners who have decades of experience in industry and science as well as in regulatory issues.
Regulatory regulations
The regulatory framework for the financial sector is changing rapidly and is becoming increasingly complex. Together with our clients, we react to these changes and contribute insights that help our clients to recognize and take advantage of market opportunities. Our team addresses the most pressing regulatory issues. Our areas of expertise include assessing the effects of regulatory changes, capital management and risk IT.
Cyber security
Businesses today need to take more precautions to protect their digital networks and resources than ever before. So it is only logical that executives and board members are increasingly addressing the issue of cybersecurity strategically. Offers you Cyber Solutions a business-oriented approach: It provides information about the resilience to cyber attacks and shows which resources should be prioritized for protection and investment measures. And what's more: With it, executives can acquire the skills they need to deal with a cyber attack and make make-or-buy decisions for their cyber solutions.
Credit risk
Managing credit risk is a complex task that is becoming increasingly difficult due to volatile markets and a changing regulatory framework. We help financial institutions address challenges and opportunities in loan portfolio management, loss containment, loan modeling and advanced analytics. In the past three years we have completed more than 400 projects that have maximized value and minimized losses in our clients' loan portfolios.
Enterprise risk management and risk culture
Many top-level risk management activities are driven by changes in the regulatory framework. We support our clients in meeting all external requirements and in developing risk management so that it supports strategic, economic and entrepreneurial goals. Ultimately, we help clients make better decisions and increase the value of their company in a risk-conscious way.
Market risk management
Market risk management has long been a top priority. This applies not only to financial institutions, but also to companies that are exposed to fluctuations in raw material prices and exchange rates. In this context, our spectrum of expertise ranges from balance sheet structure management and treasury management to the management of counterparty risks, risk limitation and hedging to the analysis of market risks.
Advanced Analytics
In order for "Advanced Analytics" to keep what the name promises, there has to be more to it than a few rigid statistical methods that are applied to large amounts of data. The analyzes must provide nuanced insights into the overall risk. We have many years of experience in the application of highly developed analysis methods for risk-related problems in a wide variety of industries and work with diagnostic tools and benchmarking that we have developed ourselves.
Corporate Risk and Resilience
In a world that is becoming ever faster and more complex, companies are also changing their business models ever faster and using new technologies. Resilience - the ability to anticipate, mitigate and manage a wide variety of risks - is becoming vital for companies. We help our clients to make strategic decisions under uncertain conditions and to control the financial risks of their balance sheets in order to create long-term value. In the course of the tightening of regulatory and risk requirements, the ERM frameworks have become significantly more extensive in recent years, which in turn leads to an expansion of the governance, risk and compliance frameworks (GRC). We support our clients in developing GRC frameworks that are business-oriented, take cultural aspects into account and are often based on advanced analytics to improve efficiency and effectiveness.
Crisis Response
Our teams respond promptly to help clients fight crises, stabilize them, and initiate rapid recovery. Last but not least, we are looking to the future - and helping to avoid future crises. We have accompanied some of the greatest crises - including natural disasters, pandemics, epidemic outbreaks, cyber attacks, extreme market movements and operational incidents.
July 31, 2020 - The unique features of the pandemic-triggered recession have led banks to move more quickly to build real-time data and analytics ...
Banking system resilience in the time of COVID-19
July 28, 2020 - Capital cushions at European, UK, and US banks look adequate in most scenarios — and challenged in others. In either case, ...
Privacy, security, and public health in a pandemic year
June 15, 2020 - How can European companies best prevent measures intended to control the COVID-19 pandemic from also undermining data privacy ...
June 2, 2020 - Board directors and executives can pool their wisdom to help companies grapple with the challenge of a lifetime.
Banking imperatives for managing climate risk
June 1, 2020 - More than regulatory pressure is driving banks to manage climate risk. Financing a green agenda is also a commercial imperative — but ...
Reopening safely: Sample practices from essential businesses
May 29, 2020 - The safety protocols of hospitals, grocery stores, and other establishments that stayed open during the COVID-19 pandemic can ...