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Business operations continue to evolve rapidly, driven by a variety of internal and external drivers. Companies are under increasing pressure to better know their risk, compliance, audit and incidents, and link them to action. Early warning of potential risks, hazards or loss is more crucial than ever.
RCS AG, based entirely in Zurich, has invested 45+ man years of R&D into what we believe is the technologically most advanced 'buy' (vs. custom 'build') platform for enterprise OpRisk, GRC, ERM and Internal Control Systems. The solution's 'completeness of offering' is widely recognized by leading research firms.
Given that many firms may already have an established risk / control management framework in place, much of the value in is drawn from the quality of underlying technology employed and versatility to support any methodology. Fully integrated reporting pays superior dividends, as do built-in quantification methods. No amount of "leveraging legacy" applications, or custom building can replace a truly integrated, market-tested and accepted architecture.
With multiple, cross-industry blue-chip clients ranging from small to large banks, the # 2 global insurer, major automotive firms a significant oil supplier and a regional energy provider, there are now many thousand users in 30+ countries actively engaged with the RCS solutions; the market evidence that the RCS AG solution is mature, adaptable and scalable and to meet most client needs.
The RCS solution is targets cross-industry and multiple frameworks:
- Firm-wide operational risk - Basel II, Solvency II, EU
- Enterprise Risk Management - ANZ 4360, S&P
- Governance, Risk and Control - COSO, COBiT
- Internal Control Systems - in Switzerland 'IKS'
- Central Bank Solutions - data pooling
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