Risk Assessments

Risk management

Understanding the risk of your organization is the key prioritizing your controls. A comprehensive risk assessment will help determine how and when to implement the processes that prevent or detect risk. The current regulatory environment places significant emphasis on customizing certain aspects of your compliance program based on the risks associated with your business model. For example, FINRA has given guidance that Risk-based Exams are the expected protocol for their member organizations. A formal risk assessment allows for the compliance and supervision efforts to be more targeted to the higher-risk issues, protecting the firm as well as the investors. Oyster can perform an enterprise or targeted Risk Assessment for your firm that includes:

The Oyster Difference

Oyster’s depth and breadth of industry experience provides significant insight when assessing risk. Oyster consultants combine their knowledge to provide a unique point of view of operations, trading, technology, finance and regulation. We pride ourselves on remaining current with rule changes and industry best practices, allowing us to quickly assess risk through thoughtful questions and a skillful review. In addition to identifying and ranking the risks associated with the types of business at your firm, Oyster will provide recommendations for policy and procedural enhancements to achieve industry best practices for efficiently controlling those risks.