About us
RiskTech was created to promote risk awareness and help business to manage risk effectively after observing nearly the same inefficiencies in risk management at various companies.
RiskTech aims to harmonize sound best practices and provide business with what is appreciated most – value added risk management services with support of innovative RiskTech products.
This will enable business to focus more on business performance while still being the best at risk management.
What is RiskTech?
Relatively new buzzword compared with other terms like FinTech, RegTech, InsurTech, GovTech, etc.
RegTech supports FinTech’s and other business to comply with regulations by tackling a specific regulation and enabling business to check box a regulatory requirement, ensuring it has been met by some form of automation.
RiskTech stands for risk management technology and describes emerging new tech that seeks to improve and automate risk management process.
RiskTech focus not on checking the box and so complying with the regulatory requirement only but rather helps business to manage specific given risk or set of risks wisely on enterprise level.
RiskTech takes a wider angle than just compliance risk and supports business to focus on a broader picture: promote risk awareness, design and implement risk policies and procedures as well as IT infrastructure, manage and report various types of risk effectively enterprise wide.
RISK MANAGEMENT SERVICES
Risk Management services, both financial and non-financial risk management: operational risk management, credit risk management, market risk management, liquidity risk management
INTERNAL AUDIT SERVICES
Risk Management assurance services to validate both 1st line and 2nd line (of defence) operating performance effectiveness
ONLINE RISK MANAGEMENT COURSES
Access online risk management courses. Courses prepared according to the European Banking Authority and Bank of Lithuania regulatory requirements
INTEGRATED ENTERPRISE RISK MANAGEMENT
Under development
Our Team
