Balancing risk and return is central to the success of financial institutions. In a rapidly changing and increasingly complex environment, a key challenge for institutions is to continuously ensure risks are being identified, understood and managed appropriately within a risk management framework that is responsive to change.
At Rhizome, we help institutions to review and enhance the effectiveness of risk management frameworks and practices, both in aggregate and across specific risk types. We assist institutions by providing solutions to their risk management challenges including developing frameworks, processes and infrastructure to better understand and manage risks, which span both financial and non-financial.
Aspiring banking, insurance and superannuation businesses seeking a licence to operate from APRA need to demonstrate risk management capability and competency. Based on our extensive regulatory experience, Rhizome also helps these businesses navigate regulatory applications and approval processes.
Our risk management insight stems from our unique blend of regulatory, risk profile assessment and behavioural risk management expertise. Our experience extends across risk management practices of banks, insurers and superannuation funds.