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Suite 12, 235 Spit Road, Mosman NSW AUSTRALIA 2088
Suite 12, 235 Spit Road, Mosman NSW AUSTRALIA 2088

The process of identifying risks, assessing risks and developing strategies to manage risks is known as risk management. A risk management plan and a business impact analysis are important parts of your business continuity plan. By understanding potential risks to your business and finding ways to minimise their impacts, you will help your business recover quickly if an incident occurs.

Types of risk vary from business to business, but preparing a risk management plan involves a common process. Your risk management plan should detail your strategy for dealing with risks specific to your business.

The Four Bells Advisory team have deep skills in the areas of financial risk management (including Basle II and Basle III compliance for the areas of Credit Risk and Market Risk), operational risk management, business continuity planning, incident response planning and recovery planning.

Post Author: David Bell

David Bell is a director and/or advisor to a number of companies specializing in the technology, financial markets and risk management sectors. His background is in the management and strategic development of Australian businesses with regional and global aspirations - with special emphasis in the Technology and the Financial Services sectors. He has over 30 years of international experience in the Banking & Finance and Technology sectors both in the Asian markets and throughout the global financial markets.

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