GRC (Governance, Risk Management and Compliance) is the little acronym that has become the shorthand watchword for how large organizations of all kinds structure the elements that make up their approach to risk. Articulating the acronym still leaves the challenge of designing, implementing and monitoring an effective operational framework to manage these three elements. Martin Davies' Risk Frameworks is a comprehensive guide to the elements within the framework and they correlation one to another; as well as to the models and processes that enable organizations to design and test risk management strategies and solutions. The author provides a battery of risk tools: flow charts, dashboards, statistical tables, mathematical formulae with a plenty of explanation and sound good advice. For risk managers and analysts, the challenge is how to communicate risk and governance to a lay audience; for non-specialists, it is learning how to operate safely with a sense of risk in their daily work. Risk Frameworks is written for organizations who must managing risk effectively, as a fundamental of business survival, balancing the complexity of GRC with the need to create a sensible level of risk awareness across all levels of the business.

Author Biography

Martin Davies is a risk framework architect with strong domain knowledge across a diverse set of risk fraternities, a background in banking front-to-back and the ability to articulate business requirements into functional information technology concepts. He is focused on structured products for emerging markets and works with several tier one banks, regulators and brokerages across South East Asia. His work may be followed on his blog: http://causalcapital.blogspot.co.uk/