Risk Tech Solutions - For an Informed and Independent Advice on Regulatory Compliances
Organizations today are emphasizing to build more mature risk management programs with stronger controls, better risk warning mechanisms, and swifter processes for risk analysis and mitigation. This is a resultant of growing business interruption, market developments such as volatility or stagnation, cyber incidents, natural catastrophes, and changes in legislation and regulation. Moreover, the demands on the internal audit departments of insurance organizations have increased significantly in recent years. As technology advances, regulation becomes more rigorous, new risks emerge, and companies seek more business insights. Headquartered in Thane, Maharashtra Risk Tech Solutions Pvt. Ltd functions to provide outsourced risk management, insurance administration and purchase function to clients struggling to put together their audit processes on time at no extra costs. There has been accreting pressure from larger organizations to secure the continuity of supply chain. Consequently, SMEs can no longer ignore the business continuity. Incepted in 2001, Risk Tech Solutions has over the years established a position as a prominent player in provisioning outsourced risk and insurance management services across SME, IT, Education and Healthcare industries. The organization proffers a viable alternative to in house risk & insurance departments. “We effectively provide our clients with their own insurance and risk management team resulting in saving management time, administrative costs and premiums”, affirms Chaitanya Sthalekar, Founder & CEO, Risk Tech Solutions.
A Toolkit to Meet All Regulatory Requirements
Internal audit too plays a crucial role in providing assurance on an organization’s governance, risk management, and control processes to help achieve strategic, operational, and financial objectives while balancing compliance objectives and expectations from regulators.
Meeting these requisites, Risk Tech Solutions' Risk Management Toolkit is a set of Policies, procedures, tool and templates that one needs to essentially implement for a risk management framework in the organisation. All the information is complete in all aspect to get a business to concentrate on their core competencies without worrying about the audit and insurance risks. The toolkit is enabled to edit and zip files with every original word and excel file for the client usage as per requirement.
The Toolkit enables to manage risk at three levels: strategic risk-impacting the viability and success of the business; operational risk-arising from the work conducted by the business; and regulatory risk-relating to the need to comply with the rules and regulations. Moreover, in many cases, new positions such as enterprise risk managers or new departments arise to integrate risk management into everyday operations are created, including equipment maintenance and quality assurance teams. To help simplify the task, Risk Tech Solutions provides enterprise risk manager services to SMEs in India on retainer ship basis or virtual basis.
With extensive experience and know-how in the Risk and Audit industry, Risk Tech Solutions has been availing clients with informed and independent advices to identify the correct insurance to suit their changing needs. It can be concluded that the company exhibits a promising ecosystem, priced and linked to their commitment to avant-garde risk management.
The Toolkit enables to manage risk at three levels: strategic risk-impacting the viability and success of the business; operational risk-arising from the work conducted by the business; and regulatory risk-relating to the need to comply with the rules and regulations. Moreover, in many cases, new positions such as enterprise risk managers or new departments arise to integrate risk management into everyday operations are created, including equipment maintenance and quality assurance teams. To help simplify the task, Risk Tech Solutions provides enterprise risk manager services to SMEs in India on retainer ship basis or virtual basis.
Headquartered in Thane, Maharashtra Risk Tech Solutions Pvt. Ltd functions to provide outsourced risk management, insurance administration and purchase function to clients struggling to put together their audit processes on time at no extra costs
With extensive experience and know-how in the Risk and Audit industry, Risk Tech Solutions has been availing clients with informed and independent advices to identify the correct insurance to suit their changing needs. It can be concluded that the company exhibits a promising ecosystem, priced and linked to their commitment to avant-garde risk management.
