Risk Prediction

The latest addition to the popular CAREweb Operational Risk Management system has now been completed. The new module is called CAREweb Risk Prediction and it allows our clients to use their data on past risk events to model the costs of likely future risk events; not only this, but the module also allows some prospective modelling! Imagine, you can model what the likely impact on future risk costs would be of spending money now to improve controls; £50k spent now on new controls to save £250k per annum going forward!


Whilst we are finding it difficult to keep up with demand, we are running another of our CORE I courses in Lebanon at the end of the month; this is to be followed by the inaugural offering of the advanced CORE II course in Amman, Jordan in April. These Operational Risk Certification Courses are really proving popular.

We are running the first of our risk based Internal Audit courses (RiBIA) this month as a tailored course for an individual bank client. This course is a four-day residential course covering risk based audit planning, risk based audit execution and risk based audit reporting.