With our assistance, a leading dairy company set up a risk management, internal control, and compliance management system with standard processes and information sharing capabilities, so as to coordinate between risk management and business development. It will integrate data from other systems to connect front and back offices and capitalise on big data and AI models, allowing the company to “actively respond according to early warnings” rather than “passively deal with incidents”.
By using information platform and big data technology，KPMG has helped an auto finance company to improve its internal control compliance management level, through combining our risk management consulting experience with the optimization and integration of the system. We also carry out the special construction of "internalizing external rules" and realize the online management of system, process, post responsibility and authorization, to facilitate the informatization and intelligent "data-driven" reform of the company's internal control and compliance management.
Based on the “Five-in-One” ideology promoted by the State-owned Assets Supervision and Administration Commission (SASAC), we helped a state-owned comprehensive IT group establish a digital system for closed-loop risk management that covers risks, internal controls, and compliance, incorporates dedicated models to detect major operational risks in real time, and employs technologies to monitor internal processes.
To assist clients in quickly reversing and changing the current model of offline inspection and control and human monitoring of risk data, and so we provided a forward-looking risk control and audit monitoring platform based on our risk management framework, which combines a visual management system, unmanned internal control rules, quantitative models and indicators, and risk dashboard covering the global business segments, to enable the client to monitor risks in a real-time, thorough, and dynamic fashion. With this platform, it can systemically manage risk control and audit monitoring activities online in a smarter way.
Based on the application ability of digital technology, the close-loop of online internal audit, risk management and internal controls are constructed. The scheme starts from the risk management with the main line of the risk governance and responsibility system, and the support is the risk management process system to achieve the goal of and the intelligent audit, so as to escort the sustainable and healthy development of large scale enterprise.
In order to meet the digital management and control needs of a new energy vehicle enterprise, KPMG uses information method to set up rules and regulations and business management processes, as well as the identification, response, tracking and rectification of daily risk events, so as to realize the online management and control of the whole process of internal control and risk. By integrating business data, relevant models and warning indicators can be established to realize real-time warning and processing of risk indicators, improve automatic risk identification ability, and build a defense line for risk management of the enterprise.
