Business Service
Business Control and Enterprise Risk
Strong Enterprise risk processes are essential to help surviving in the world where evolvement is happening rapidly. We analyze these risks especially in the Middle East region where macroeconomic and geopolitical challenges are obvious. Our approach is to bring about value through perseverance to survive in this uncertainty.
ENTERPRISE RISK AND GOVERNANCE
Corporate Governance
• Assessments that support business, framework design and implementation
• Effective evaluation of Board of Directors
• Administration training for the committees, executive management, board and shareholders
Family Governance
• Establishing structures, processes and family office models
• Expansion of ownership constitutions and family protocols
• Legalization of family protocols as shareholder agreements and articles of association
Enterprise Risk
• Risk measurement, risk profiling and organization-wide risk assessments
• Expansion of risk indicators, objectives and limits to monitor performance
• Risk performance monitoring and measurements
• Improvement of risk control frameworks
Business Policies and Procedure Improvement
• Betterment in business policy by enhancing quality environment
• Enhancing existing business processes operations
• Using management tools and methodologies to control expertise
Regulatory Response
• Improving strategies and providing assistance to the board to help use regulation to achieve goals
• Imposing regulations into change management and functioning models.
• Betterment in the system for a successful regulatory compliance
IT Control Assurance
• Using both internal and external audit engagements to assess effectiveness of tech control environment to provide support to clients
• Supporting applications, revision of key business processes, assessment of entity level controls, associated automated controls and review IT general controls
Technology and Business Resilience
Technological advancements are required to maximize resources. AWMC, through its Technology and Business Resilience adapts to the changing environment. By staying up to date about emerging developments, we strengthen our client’s business and help tackle potential threats.
CYBER SECURITY AND PRIVACY
Risk Assessment and Assurance
• Quick assessment of international practices
• Benchmarking
• Penetration testing
• Red team exercise
• Breach indicator assessment
• Social engineering
Strategy and Governance
Developing a vision and providing direction
• Awareness and Training
• Security programs
• Risk management and governance frameworks for the business
• Development in the security system
• Access control administration
Transformation
Making relevant changes in the organization
• Management and designing of cyber program
• Developing security for the organization
• Business case development
• Business consolidation and tool selection
• Architectural design for security
• Access and identity management
Cyber Resilience:
Making enhancements in the cyber department
• Incorporating cyber into organization
• Awareness programs for Board
• Support group for crisis management
• Examination and cyber forensics
• Cyber model trainings
• Recovery and remediation support
DATA ASSURANCE
Data Governance
Guidance consultation for governance strategy
Data Migration
Procedure re-performance, cleansing support and strategy management & encouragement
Process Mining and Utilization
• Working on the process key price indicators and understanding transaction flow
• Building standards for potential risks
Data-Enabled Auditing
Staying up to date with potential threats and make necessary modifications
Data Visualization
Visualizing data to get effective output
Business System Controls
BUSINESS CONTROLS
Design optimization for business control
PROGRAM ASSURANCE
• Consider quality assurance for implementations and upgrade projects
• Focus deep dive technical reviews at key implementation stages
GOVERNANCE, RISK AND COMPLIANCE (GRC) TECHNOLOGY
Implementation of GRC technology solutions
TECHNOLOGY RISK GOVERNANCE
Developing procedures and process and making policies to deliver effective governance.
Internal Audit Co-sourcing
Making enhancements in the cyber department
• Incorporating cyber into organization
• Awareness programs for Board
• Support group for crisis management
• Examination and cyber forensics
• Cyber model trainings
• Recovery and remediation support
DATA ASSURANCE
Data Governance
Guidance consultation for governance strategy
Data Migration
Procedure re-performance, cleansing support and strategy management & encouragement
Process Mining and Utilization
• Working on the process key price indicators and understanding transaction flow
• Building standards for potential risks
Data-Enabled Auditing
Staying up to date with potential threats and make necessary modifications
Data Visualization
Visualizing data to get effective output