IT Risk & Controls Transformation
The Project
Brighter Consultancy Group was requested to submit a proposal under NDA to support a Big 4 Consultancy in the delivery of an IT Risk and Control Self Assessment. Brighter and its client held a company wide workshop in which all key stakeholders worked together to identify, share and assess risks and controls across their respective operational areas.
The Solution
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Worked hand in hand with the process and control owners to improve processes and controls
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Documented and addressed control deficiencies and recommended improvements to process and control design
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Brighter led the design and operation of the IT controls, developing the remediation plans to address deficiencies.
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Our Brighter team assessed the IT eco-system and IT controls frameworks in a highly regulated financial services firm.
The Results
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Brighter Consultancy and its client successfully embedded a workflow to identify risks faced by the RCSA entities and identification of controls. Our consultants designed an assessment criteria to measure and monitor the effectiveness and suitability of the controls
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Our consultants embedded best practice and championed good control design by working closely on a day-to-day basis with the client’s team in-situ, whilst promoting knowledge transfer and a culture of continuous improvement.
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Increased awareness of organisational objectives and the role of the internal controls in achieving goals and objectives
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Motivating personnel to carefully design and implement control processes and continually improve operating control processes