Transformation Solutions
Our transformation services focus on implementing strategic initiatives that drive impactful change and commercial value.
Risk & Regulatory Framework Implementation
WHAT
Risk & Regulatory Frameworks embed compliance and risk oversight into transformation, aligning operations with obligations without stifling agility.
WHY
Deloitte reports that strong risk integration reduces compliance breaches by 30%.
Basel Committee highlights that proactive frameworks lower capital impact of regulatory penalties by 40%.
PwC research shows integrated frameworks improve regulator confidence and reduce audit findings by 25%.
HOW – Harmonic's Approach
Regulatory Gap Assessment: Conduct structured assessments against standards such as Basel III/IV, IFRS 9, CPS 230, and local regulatory expectations.
Risk & Controls Design: Develop and align risk taxonomies, control libraries, and oversight routines tailored to business needs.
Policy & Documentation: Draft policy documents, process manuals, and control registers to support audit-readiness and consistent application.
BAU Integration: Operationalise frameworks via system-embedded rules, exception alerts, and workflow automation.
Training & Awareness: Design and deliver staff training to embed understanding and support consistent regulatory compliance.
Governance & Reporting: Set up risk and compliance reporting structures, escalation paths, and ongoing review mechanisms.
Stress Testing & Scenario Planning: Support development of risk-based capital and liquidity models under various stress conditions.
CLIENT VALUE
Reduces compliance and operational risk, improves regulator confidence, and embeds a proactive risk culture.