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Customers: Case Study 02

Case Studies

Global Bank
KRI Module Implementation

Privatized Bank
Risk Assessment Framework..

Nationalized Indian Bank
Risk Assessment Framework..

Global Bank

Healthcare Payor
Operational Risk Consulting..

National Payor
Regulatory Compliance

Healthcare Provider
KRI & Business Impact..

Privatized Bank
Risk Assessment Framework & Risk Based Internal Audit

Client Situation

The bank was looking to automate their entire Internal audit administration process while migrating to Risk Based Internal Audit System. Before the project the customer's audit process was administered manually and had been difficult to calendar, track and verify status of various business unit positions. Moreover, standardization of the audit process could not be achieved leaving the findings wide open for interpretation and benchmarking impossible.


  • Defining Audit Units
  • Develop enterprise wide audit content knowledge repository, enabling organization through brainstorming.
  • Define rules for rating and scoring before consolidation of assessment parameters was made
  • Audit process has been designed to be a typical project with planning & execution phases
  • Rule based auto scheduling has also been provided for
  • Monitoring & tracking including rules for overdue works, remedial actions and also a workflow for escalation & assignments
  • The step audit process comprised of Significance Analysis Risk Assessment and Detailed Analysis

KRI automation that was introduced at a later data brought in adherence with practices and audit results timely collection of information. The bank was also able to speed up the entire process of collecting information while increase the accuracy of information collection. Importantly the audit process allowed a full assessment of inherent risks to be identified against specific processes but in a weighted manner so that highest priorities were targeted first.


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