Risk Management & Control

X-CO defines and implements the systems, process and policy changes required to complement and strengthen its clients’ Risk Management practices.

X-CO provides experienced specialists to augment client capabilities in all major areas of Risk Management – Market Risk, Credit Risk, Operational Risk and Liquidity Risk – alongside the methodologies that deliver Risk Aggregation and Stress Tests required by today’s regulations.

How Do X-CO do it differently?

X-CO consultants are typically Subject Matter Experts in multiple Risk types. We maintain a blend of disciplines in our teams, with some consultants providing depth of knowledge in specific Risk areas, whilst others offer more holistic proficiency across risk classes. Our teams are adept at understanding how different risks intersect for Capital Planning initiatives. Our approach enables us to deploy smaller teams without losing expertise – a more cost-effective option 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.

Companies that have trusted X-CO’s consultants

Reviews & Testimonials

We only partner with the best and X-CO’s consultants are subject matter experts in their fields.

Managing Director, GRT Consulting

I worked with X-CO consultants for several years and always found them to be focussed, knowledgable and approachable individuals.

Global Head of Operational Risk Framework, Private Bank, COO, HSBC

We used X-CO consultants to deliver a critical regulatory-driven change project, where the Big 4 were not an option. With X-CO’s flexibility we got the product we needed, including a transition to our permanent staff.