Senior Management measure the value of key projects by their return on investment, clearly reflected by internal and external metrics.
As an example, on completion of a first project phase, involving delivery of a company-wide assessment and well-structured aggregation to a corporate view of all key risks, an Avanon client was appropriately recognized with an improved corporate rating. This led to a direct and measureable benefit on the firm's balance sheet, and also a further enhanced reputation among its industry peers and the wider marketplace.
Avanon is certain that its solution has significant contributions to make, well beyond keeping the cost of compliance and risk management under control.
"We have achieved significant benefits at many levels of the firm for our ERM and Solvency II programs."
Fabien Chabanon
Head of Global Operational Risk
AXA Group