With global regulations constantly in flux, businesses often have limited capability for compliance in all of their locations and functions.
X-CO works with businesses small and large, to ensure data, reporting, systems, governance, controls and documentation are not just compliant, but robust enough to withstand intense scrutiny from Regulators, Compliance Officers and Internal/External Auditors.
X-CO excels at understanding its clients’ processes end to end and how regulations impact them. We are experts at engineering a path to a fully compliant future state, solving all practical problems along the way. We aim to implement sustainable systems and workflows that satisfy both immediate demands and our clients’ future needs.
If you can’t beat them, hire them! X-CO consultants have backgrounds in Audit, Compliance, Risk Control and Regulation, with experience across many business products and functions. We know the standards expected by internal and external imperatives and translate them into solutions that are pragmatic, proportionate and commercially viable for our clients.
X-CO utilises a proprietary approach to Process Risk & Control capture called the Process Risk Identification & Scoring Matrix (PRISM). It concisely maps individual risks to process steps, considers mitigating controls and assesses the materiality of residual risks. Our consultants follow up with expert-based recommendations for remediation to bring our client’s risk exposure down to within appetite.
The end product of X-CO’s PRISM approach can be used to satisfy Audit and Regulators, whilst facilitating cost reduction, risk reduction and improved operational capacity.
