Operational Risk

RiskCounts provides Risk & Compliance as a Service (RCaaS), with managed services support.

RCaaS - Risk & Compliance as a Service

RiskCounts offers RCaaS – Risk & Compliance as a Service managed services platform. This service includes the setup of risks, controls, control procedures, assessments, issue management, and management reporting to support effective risk management and compliance maintenance.

ERM Design & Implementation

RCSA Advisory & Controls Testing

Issue Management and remediation

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ERM FrameworkERM Program Design & Implementation


  • Risks: We identify, define, and assess Inherent Risks including Strategic, Credit, Market, and Operational Risk.

  • Conduct Gap Analysis and Maturity Assessment: We conduct gap analysis and maturity assessment against the current state in risks, controls, policies, processes, Lines of Defense (LOD) functionality, and governance.

  • Risk Architecture: We establish or review required Policies and Procedures.

  • Lines of Defense (LOD): We recommend an appropriate 3 LOD model for the client, considering all risks and existing gaps.

  • Governance Framework: We help define a governance framework including required committees and authorities, with:

    • Limits: For transactional Market & Credit risks.

    • Metrics (KPI, KRI & KCI): For Strategic and Operational risks.

    • Reviews: Risk-Control Self-Assessment.

    • What-ifs: Scenario planning for potential risk events.



  • Compliance:We cross-check for Legal & Regulatory requirements and standards, as well as Board, Audit, Investor, and Client expectations.

  • Reporting: We provide a methodology with a draft set of action-oriented reports and dashboards.

RCSARCSA Advisory : Controls testing


  • RCSA Program: Assist in establishing a comprehensive RCSA program.

  • Offer a Custom Toolkit: We offer a fully managed application that will help you look at your current and past RCSA's

  • Training: We also train your business functions (the 1st line of defense) and Risk/Compliance teams (the 2nd line of defense) in testing control effectiveness and establishing appropriate control procedures.

  • Roll-Up of RCSA Results: Lastly, we consolidate RCSA outputs to inform key stakeholders, including Business Managers and Risk Management, about the status of controls and any key issues.
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Issue ManagementIssue Management and remediation


  • Issue Remediation: We provide guidance on collecting and consolidating all RCSA remediation actions, managing and prioritizing issues, and, as needed, assist in the creating suitable project plans.

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Work with the practitioners

RiskCounts provides a comprehensive ERM software program with integrated RCSA application, that allows organizations to conduct their risk-control reviews, with the simplicity and workflow execution. on a single platform. We also provide an inbuilt issue-tracking and remediation module but can also easily be integrated with other issue and incident management systems that an organization may already be using.