Achieve your business objectives and navigate uncertainty with ease...
No matter your risk-related needs, our suite of risk management packages are designed to meet them.
Perhaps you’re looking to hire a full-time risk manager, or maybe you’re considering upskilling your current in-house risk management staff.
Whatever the case may be, three factors hinder the way most businesses can approach risk management: time, scarcity, and cost.
Add stability to your risk management process
Employing a risk manager full-time often means contending with:
● Potential personnel changes
● Ongoing training expenses
● A commitment to salaries and benefits
● Difficulty adapting the above around the changing needs of the business
Outsourcing your risk management to Canary Risk adds stability and reliability to your risk management. Our team is made up of seasoned experts with professional qualifications (Certificate and Diploma and Risk Management from the IRM), and our packages are transparently priced and designed to meet the exact needs of your business.
Using the latest risk systems and resources, we can provide impartial advice, up-to-date risk assessments and plans, and all of your compliance and enterprise needs, as we are experienced with BRAs for a number of jurisdictions.
All that you need to do is pick a package below to get started!
Looking for general ad hoc help and risk administration support? Our Bronze Package provides you with a dedicated canary to help you achieve your risk administration tasks with ease. You focus on your business, and they’ll keep your risk management administration ticking away in the background!
We’ll partner with an easy-to-use risk system that helps you record, monitor and report on your risks, making your risk management and decision-making processes easier and more efficient.
Getting the most out of your data is reliant on your leadership team understanding exactly how to deploy and maintain your risk framework and create actionable plans, which we’ll liaise with them to do.
We’ll make coordination a breeze, ensuring the correct stakeholders are notified and chased on completion of risk assessments, providing user support as needed.
Whether your reporting needs are ad-hoc or part of your regular cycle, we can provide a variety of risk reports to you, fuss-free!
If you’re ready to take a step up from the Bronze Package and put your risk tools to good use, this is for you. This is a great package if you’re just starting to consider risk in your business but have no resource dedicated to it currently. It includes everything in the Bronze Package, plus:
A major element of creating a risk-aware culture, setting up a risk committee will ensure your organisation can better identify risk, gather information and get the right people round the table discussing risks to your performance.
The best way to get the greatest value from your investment in committee time is to provide annual risk management training for your board or risk committee - that’s where we come in!
No Chairperson? No problem. Allow us to either chair your meetings or provide CRO level risk challenge in your committee meetings.
Get all of the above and much, much more, including a full outsourced risk management function, plus policy and framework ownership, annual review and presence/facilitation of risk committees as required.
We’ll take care of the creation, maintenance and ownership of your business risk policy, including annual reviews.
We’ll also take the creation, maintenance and ownership of a tailored enterprise risk management framework out of your hands and make it appropriate for your business and its needs.
For extra peace of mind, we’ll provide a second line review of your risk management data, with up to eight hours of second line meetings with key stakeholders in your business per quarter.
Ready to face horizon scanning and operational risk with confidence? We’re ready too. Risk event support and management information generation is just a Canary call away! The Platinum Package includes everything in the above packages, plus:
Our canaries will keep an eye on the latest macro trends applicable to your business so you’re prepared to act before the risks become issues, with regular ad hoc reporting as needed.
Our philosophy is ‘plan for the best, prepare for the worst’. When something goes wrong, we’ll be there to help, whether it’s assisting with action creation and tracking, or full root cause analysis of an incident to help you strengthen your control environment.
Many businesses in the financial services industry are required to complete an annual BRA, which can be difficult and time-consuming to complete when resources are limited and capacity is scarce. Canary Risk can help design a BRA from scratch or work to update an existing one, providing facilitation, oversight and challenge right through to board approval. Book a call with us for a quote!
Sometimes you just need efficient, effective ad hoc advice available by the day or the hour to fill any gaps in your risk management. Prices vary depending on the level of support needed and the package you are on, so please contact us for a quote by pressing the button in the bottom right hand corner (the one with the little speech mark icon).
Packages are for a minimum of 12 months, with a 2 month notice period thereafter. Billing is monthly, with discount offered to entities able to settle an annual bill up front. Please contact for further information.
Canary Risk Limited is registered at Companies House- 15110039., 71-75 Shelton Street, Covent Garden, London, WC2H 9JQ
AND
In the Isle of Man, Company registration 137089C, Second Floor, 18-20 North Quay, Douglas, IM1 4LE, Isle of Man.
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