Together with Secura/LECG, a leading operational risk consultancy, CC Pace has developed Consolidated Financial Enterprise Risk Manager (confERM), a tool that provides financial organizations with a structured approach to managing risk within their organization, including exposure under Sarbanes-Oxley Act regulation. confERM enables users to enumerate risks, identify the likelihood of occurrence and the financial exposure associated with each risk, and assign controls to reduce the probability of occurrence. It also gives the chief compliance officer a comprehensive capability to demonstrate to the Board and regulators that the company is effectively managing the enterprise's risk.
If the assessment shows processes and controls to be wanting, CC Pace has the skills needed to help you resolve the issues quickly and reasonably.
confERM Announcements:
April 2010: CC Pace is proud to welcome Pentagon Federal Credit Union as our newest subscriber for confERM, our enterprise risk management system! Pentagon Federal Credit Union serves over 950,000 members in the Air Force, Army, Coast Guard, Department of Homeland Security, Department of Defense, defense-related companies, and the Veterans of Foreign Wars.
May 2010: CC Pace is pleased to announce NETBankAudit (www.netbankaudit.com) as a reseller and collaborative partner for confERM, our enterprise risk management tool. NETBankAudit is a financial industry audit and consulting firm specializing in providing regulatory compliance assessment and audit services to community financial institutions.
For More Information:
For more information or to be added to our mailing list for conFERM Tool news, please contact Craig Hughes at chughes@ccpace.com or call 703.631.6600.
