Risk consulting services

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Risk consulting

Risks are ever-present. Regulatory pressure, cyber threats, supply chain disruption, economic uncertainty and business transformation are reshaping how organisations operate.

For boards and leadership teams, the challenge is not just identifying risks, but understanding which risks matter most, how they are being controlled and where action is needed to create and protect value, ensure compliance and build long-term resilience whilst embedding risk awareness and management as part of its culture and operations.

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How our risk consulting team can help

Our risk consulting team help organisations identify, assess and manage risk across governance, operations, technology, compliance and third-party relationships.

We work with boards, audit and risk committees and leadership teams to strengthen risk management frameworks, improve internal controls and build business resilience in a complex regulatory and operating environment.

Our risk consulting services

  • Governance, risk and board effectiveness

    We help organisations strengthen governance, risk management and board oversight so they can make confident decisions, meet stakeholder expectations and build resilience.Our services include governance, enterprise risk management, and board effectiveness reviews.

  • Controls, compliance and assurance

    We work with organisations to design, assess and improve internal control and compliance frameworks, helping them respond to regulatory requirements (such as the UK Corporate Governance Code Provision 29) and change and strengthen confidence in reporting and decision-making.Our services include internal control compliance, internal control advisory, External Quality Assessments (EQAs), regulatory compliance, internal audit (outsourced & co-sourced), internal audit effectiveness & transformation, and assurance support.

  • Technology and third-party risk

    We help organisations understand and manage risks across technology, data, cyber and third-party relationships, supporting secure operations, supply chain resilience and trust.Our services include technology assurance and advisory, third-party risk management and assurance.

Building business resilience with expert risk advisory

We believe organisations with robust risk management processes and risk registers are better able to meet the demands of customers, regulators, investors, employees and directors. For those in the Public and Social Sector, ensuring they have a high level of risk maturity will help meet the demands of service users. When facing constant uncertainty, we help organisations spot emerging risks and address shortcomings.
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Why choose our risk consulting team?

We combine technical risk expertise with a practical understanding of how organisations operate. Our approach is tailored, proportionate and focused on outcomes, helping you move from risk identification to meaningful action.

As part of an integrated global firm with risk professionals on the ground in over 100 countries and territories, we bring together local insight and international experience to support organisations operating across multiple jurisdictions. We work across the business to strengthen controls, improve assurance and support long-term resilience.

 

 

Risk consulting services designed to support better decision-making

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Risk consulting services FAQs

What are risk consulting services

Risk consulting services help organisations identify, assess and manage the risks that could affect their strategy, operations, compliance, technology and reputation, including support with governance, risk management frameworks, internal controls, internal audit, regulatory compliance and third-party risk.

How can risk consulting help my organisation?

Risk consulting can help your organisation understand which risks matter most, strengthen controls, improve assurance and respond to regulatory change. It also supports better decision-making by giving boards and leadership teams clearer visibility of risk, control effectiveness and areas for action.

What is governance, risk and compliance?

Governance, risk and compliance, often referred to as GRC, is the way an organisation structures decision-making, manages risk and meets legal, regulatory and stakeholder expectations. A strong GRC framework helps organisations operate responsibly, stay compliant and build resilience.

When should an organisation review its internal controls?

Organisations should review internal controls when there is a regulatory change, business growth, transformation, new technology, changes in operating models or evidence of control weaknesses. Regular reviews help confirm whether controls are working effectively and remain aligned to current risks.

How can organisations manage third-party risk?

Organisations can manage third-party risk by understanding which suppliers, partners and outsourced providers are critical to operations, assessing the risks they create and putting appropriate controls, monitoring and assurance in place. This helps support supply chain resilience, compliance and trust.

What is the difference between an internal audit and risk consulting?

Internal audit provides independent assurance over governance, risk management and controls. Risk consulting is broader and can support organisations with designing, improving and embedding risk frameworks, controls and assurance processes. Both can help boards and leadership teams understand risk and take informed action.

What should I look for in a risk consulting firm?

A strong risk consulting firm should combine technical expertise with practical business understanding. Look for advisers who can assess governance, risk management, internal controls, compliance and assurance in the context of your organisation’s strategy, operating model and regulatory environment.

 

Our risk consulting experts

Centre for Audit Committee and Investor Dialogue

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Explore essential strategies and emerging trends to help organisations navigate the complexities of governance and effectively manage risk in an ever-evolving landscape.

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