FRSGlobal

Chief Executive Officer / Board Members

CEO’s and Executive and Supervisory Board positions have never been more challenged. The need to set winning strategies in today’s uncertain economic environment, the need to manage risks across the enterprise, and the need to ensure compliance across the scope of all of your firm’s business activities and geographic markets your firm serves creates challenges unlike those experienced even a few short years ago. In addition, the changing regulatory environment coupled with significantly increased enforcement activity raises the risks and penalties for operational failure. Personal responsibility and liability for operational performance means that you have to have the confidence that your operational systems and staff are tracking and complying with all regulations, wherever you do business. Ensuring that your firm balances industry best practices with your unique business model and value proposition are key elements of your day-to-day responsibilities. Ensuring the appropriate allocation of working capital remains a key focus, and making informed decisions on how and where to use your firm’s capital resources is often the most strategic activity you perform.

Key Challenges

As financial firms are pressured for higher performance, regulators increase their oversight, and working capital availability is pressured, you may be experiencing some or all of these typical challenges:

• setting the priorities for product and services offerings, and identifying and prioritizing target markets
• designing and managing the operational model and making key decisions around risk tolerance, investment plans, build versus buy, etc.
• ensuring the overall performance of the organisation against goals and key performance indicators
• aligning business and investment priorities, and ensuring that resources are allocated appropriately
• -driving merger and acquisition strategies and plans
• -ensuring the continuity of controls across the enterprise
• balancing the interests of employees, customers, and shareholders.

How We Help

Wolters Kluwer/FRSGlobal recognizes the unique challenges of the CEO and Board members. Our solutions are designed and proven enterprise systems, with over 15,000 customers worldwide.

Specifically, we can help through all of these key elements of our product and service offerings:

• dashboards which quickly allow you to see changes in your risk positions and to provide support for timely communication of issues and opportunities
• global expertise in compliance, risk management, and regulatory reporting to supplement the expertise of your staff
• complete enterprise-wide views on risk and reporting data to support executive dashboard monitoring and drill-down when required
• the ability to analyse and forecast your capital needs with support for risk-based scenarios to support potential business decisions
• support for timely and quality reporting to all regulatory bodies where you do business
• tools to support ad hoc reporting and analyses to support queries from multiple stakeholders
• staff training, education, and certification to ensure your firm is effective in the markets served and meets regulatory thresholds
• the ability to tap into our base of over 400 regulatory, risk, and compliance experts for best practices and practical guidance and advice
• the assurance that we can support you in understanding risks across your enterprise, and surfacing potential issues through use of leading indicators
• deliver and deploy proven enterprise systems based on industry standard technologies to reduce your operational and financial risks and enhance the productivity of your staff.

Next Steps

For more information, check out the Solutions section, or contact us for more information.