Risk Advisory
Service / Financial Services Consulting
Global Economics Group Risk Advisory Practice provides financial institutions with comprehensive risk management consulting services, including banking and capital markets, insurance, wealth and asset management, and other sectors.
With a team of industry specialists and regulatory experts, we are dedicated to helping our clients navigate the complex and evolving landscape of risk and regulatory compliance.
Our Services
We provide high-value consulting services leveraging a uniquely experienced and efficient network of experts and partners to financial services companies—banks, broker-dealers, asset managers, insurance companies, and credit unions—across the 1st, 2nd, and 3rd lines of defense. Our services address the regulatory, people, process, technology, and data factors that ultimately affect the ability of our clients to address their key challenges successfully. Our delivery resources consist of GEG professionals and key alliance partners experienced in helping banks meet regulators’ expectations.
Financial Risk Management
Risk Advisory
Prudential Regulations
+ Capital Management, Regulatory reporting, Stress testing, Risk-based capital
+ Basel 3 Endgame—Market, Operational, and Credit Risk
+ Resolution Planning
Treasury Management
+ Capital allocation, Liquidity, & Asset-Liability Management
+ Funds Transfer Pricing
+ RWA Optimization &Stress Testing
+ Client Profitability
Credit Risk Management
+ Commercial banking and SMB credit risk data and analytics
+ Early warning and annual reviews
+ Streamlined underwriting and auto-decision opportunities
+ Automated covenant monitoring, delegated authority, and policy
+ Risk rating modernization
+ Counterparty Risk Management
Non-Financial Risk Management
Risk Advisory
Conduct Risk
+ Financial Crime/CFT/AML
+ Surveillance
+ Fraud
Enterprise Risk Management
+ Operational risk management
+ RCSA
+ GRC
+ Regulatory compliance
+ Third-party risk management
ESG
+ Climate Risk Management
+ Sustainability Reporting
+ Data Rationalization
Team
Alan Demers
Principal
Financial Services Consulting
Peter Levitt
Advisory Board
Financial Services Consulting
Paul Mokdessi
Principal
Financial Services Consulting
David Onorato
Principal
Financial Services Consulting
Christopher S. Rigg
Principal
Financial Services Consulting
Darrin Williams
Principal
Financial Services Consulting
Insights & News
Solving the Data Completeness Challenge
We’re excited to share the newly published whitepaper, “Solving the Data Completeness Challenge,” created in collaboration with Armstrong Wolfe. This cross-industry paper gathers insights from...
Can banks ever achieve 100% compliance with international sanctions?
According to an article in the February 5th, 2024, Financial Times, an Iranian state-owned oil company, Petrochemical Commercial Company Iran (PCC), used UK-registered front companies to evade US...
The Risk of Prompt Transformation
The recent controversy around Google’s image generation where it is accused of engineering its Gemini AI application to produce “woke” images intentionally highlights a concept in AI development...