Companies want to achieve the best outcome for every action they take or activity they engage in. Risk-reward optimisation enables them to allocate capital and resources to achieve an optimal outcome. Managers can choose where to strike the balance between risk and reward, to meet their appetite for risk, with the least expenditure of time, effort, manpower and money.
At Barnett Waddingham, we pride ourselves on our true partnership approach. Our risk specialists understand business and will work with you to embed the risk-reward optimisation framework into your key processes. This will enable us to help ensure you successfully satisfy your long-term business objectives in a cost-effective way.
The way we help achieve your business objectives, improve strategic capital decisions and exceed your profitability expectations naturally differs from one company to another. We do not believe in a one size fits all approach, and we tailor our advice to suit you.
As an example, a company may be considering how much money to invest in a new project. Using our stochastic risk-return optimisation techniques, with the aid of company and external data, we can not only calculate expected returns for every level of investment, but we can also quantify the uncertainty around these returns.
Our analysis would identify the spend which would give the most certain level of return, and the investment which should give the highest expected return. Working with you to determine your risk appetite, you will be able to determine the spend appropriate for your business, predicting the expected return from this capital, and the level of uncertainty around this return.
If the UK votes to leave the EU on 23 June it could have a significant impact on your business. What, if anything, should companies be doing ahead of the referendum?
Decisions in the oil and gas industry – especially at the exploration stages are fraught with uncertainty. We are working with companies in this sector to optimise risk and returns in investment decision making using a range of quantitative techniques.
Our Risk Maturity Benchmarking report is based on market research involving over 100 respondents, and face-to-face meetings with more than 35 business and risk leaders.
Implementing a stress testing and scenario analysis framework in order to identify and analyse current and potential issues that were of market-wide concern.
Danny Wong - Managing Consultant, Business Risk Practice was the risk advisor on a major IT and business transformation project for a large FTSE 100 multinational company.
We are pleased to announce the appointment of risk management specialist, Marc Spurling, to our growing Business Risk consultancy. Marc’s legal experience will provide client specific risk management advice across multiple industry sectors.
Barnett Waddingham is pleased to announce the appointment of Scott Cameron as an associate to its newly launched business risk practice.