The types of risk that a business confronts vary according to the type of industry and its business environment. The challenges of risk management are therefore not identical from one industry to another. Risk environments differ according to the needs of each particular industry and its geographical location.

Rules and regulations governing industries vary from one country to another and any risk management system must be customized to fit those particular requirements. A one-size-fits-all system will not work across the boards.

The RISKSECURE™ System has been successfully used by companies in the following industries:

• Banking / Finance

• Airlines
• Insurance
 • Medical
• Local Government

• Manufacturing

RISKSECURE™ has been designed to incorporate any organization’s structure and still roll-out all the way through each of its business areas. RISKSECURE™ is not just a corporate governance and compliance tool. It actually helps the organization achieve its goals through the effective management of all aspects of risk across the enterprise.

RISKSECURE™ can be easily customized
This ensures that the risks captured are relevant to the business and its operations. The system can be scaled up or down depending on the size of the organization and can grow with the business as it expands. It will incorporate all existing risk management information and methods previously used.

RISKSECURE™ can be implemented and operated anywhere in the world
RISKSECURE™ has been acclaimed by a wide range of industrial and commercial groups for its broad, practical, detailed and easily-managed approach to risk management. It is used in large corporate enterprises  where quality assurance and customer satisfaction are among the principle requirements. Other industries with other concerns look to RiskSecure for their risk solutions: mining (safety and health); banking (AML, Fraud, Operational Risk); airlines (ticketing); local governments (expense and income); manufacture (process and procedure monitoring). Each has different risk priorities and the versatile RISKSECURE™ system can do it all.

 

The RISKSECURE™ system is an effective and practical solution for any type of industry..
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Announcements
  • Strategic Performance Management Approach

    Strategy selection and execution can only be achieved by interacting with appropriate information, defining clear objectives, and managing performance. Taking a strategic approach to collating and distributing essential information will seamlessly allow the vision of performance management to become a reality that will significantly increase global business performance and profit.
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  • Having policies and procedures in place to manage risk and maintain compliance is essential. But these will only be truly effective if your employees are made aware of your policies and procedures and understand how their behaviour can impact on them – for good or bad! Using KAT our new Online Knowledge and Training Software

    Dr Mark Germishuys International Director
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International News
  • US fines Nigeria's United Bank for Africa $15 mln

    WASHINGTON, April 28 (Reuters) - Nigeria's United Bank for Africa Plc UBA.LG has been fined $15 million for failing to comply with anti-money-laundering rules, U.S. authorities said on Monday.

    The civil penalty was levied against the bank's New York branch because it violated a cease-and-desist order issued in January 2007 over problems with administering Bank Secrecy Act provisions.

    An examination of the bank's programs was conducted by the Office of the Comptroller of the Currency in November. Bank Secrecy Act compliance is overseen by bank regulators and the Financial Crimes Enforcement Network (FinCEN). The OCC and FinCEN are units of the Treasury Department.

    With assets of about $441 million, United Bank for Africa is the largest bank in Nigeria, with more than 630 offices there, as well as in Ghana, Cameroon, Cote d'Ivoire, Cayman Islands and London, according to FinCEN's enforcement document.

    U.S. regulators said the civil penalty stemmed from about $197 million in suspicious transactions the bank failed to identify and report.

    "We now have a BSA/AML program that we continually strengthen and assess in line with both market and regulatory developments," a bank official said.
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  • US fines Nigeria's United Bank for Africa $15 mln

    WASHINGTON, April 28 (Reuters) - Nigeria's United Bank for Africa Plc UBA.LG has been fined $15 million for failing to comply with anti-money-laundering rules, U.S. authorities said on Monday.

    The civil penalty was levied against the bank's New York branch because it violated a cease-and-desist order issued in January 2007 over problems with administering Bank Secrecy Act provisions.

    An examination of the bank's programs was conducted by the Office of the Comptroller of the Currency in November. Bank Secrecy Act compliance is overseen by bank regulators and the Financial Crimes Enforcement Network (FinCEN). The OCC and FinCEN are units of the Treasury Department.

    With assets of about $441 million, United Bank for Africa is the largest bank in Nigeria, with more than 630 offices there, as well as in Ghana, Cameroon, Cote d'Ivoire, Cayman Islands and London, according to FinCEN's enforcement document.

    U.S. regulators said the civil penalty stemmed from about $197 million in suspicious transactions the bank failed to identify and report.

    "We now have a BSA/AML program that we continually strengthen and assess in line with both market and regulatory developments," a bank official said.
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