Enterprise Risk

Discover how Risilience helps companies to quantify the principal and emerging risks facing their business to inform their strategic risk management decision making.

Risilience provides a quantitative risk management framework to identify, assess, and manage the most critical risks facing an organization. Our approach, pioneered by the Centre for Risk Studies at the University of Cambridge, embeds over a decade of influential academic research and is used today by a range of global corporations to inform their risk management strategies.

At the heart of our approach are scenarios identified from the Centre’s taxonomy of business risks. Each scenario is a well-researched projection of how a future event might play out, from a ransomware cyber attack to a new wave of pandemic. These scenarios are selected from the six classes of risks in the Taxonomy of Business Risks:

  • Financial
  • Geopolitical
  • Technology
  • Environment
  • Social
  • Governance

Each scenario is assessed for its impact on the business’ digital twin – a financial model of the organization’s commercial and physical footprint. This enables the impact to a corporate’s balance sheet to be quantified. Outputs include EarningsValue@Risk for a business providing an objective method for benchmarking principal and emerging risks and guiding risk management decisions.

Benefits:

  • Define a corporate risk register
  • Inform risk mitigation strategy planning
  • Track exposure to critical risks over time
  • Inform key internal and external stakeholders (incl. investors)

For more information, please contact Risilience.