Control Risks | Top 20 Risk Management Solutions Company - 2024
Control Risks: From Instinct to Insight: Data in Risk Management
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CIOREVIEW >> Enterprise Risk Management >> Control Risks

Control Risks has been recognized by CIOReview Magazine as the recipient of “Top 20 Risk Management Solutions Companies - 2024,” based on our proprietary methodology, reflecting its position in the industry. This profile has been developed by the CIOReview research and editorial team based on insights from an interview with Marco Leijnse, Partner.

Control Risks
From Instinct to Insight

Control Risks

Marco Leijnse, Partner
Effective risk management instills a sense of safety that enables businesses to grow and diversify confidently, knowing they can effectively manage any hurdles on the way when necessary.

Control Risks with its nearly 50-year history is the right partner for organizations around the world looking to go beyond the horizon. It handles sensitive cases in the acute risk and crisis response space and has honed its capabilities in navigating these delicate situations. But it goes further than crisis response, or even identifying and preventing potential pitfalls. Its robust risk mitigation strategies also actively facilitate business expansion by enabling its clients to embrace calculated risks with assurance.

Through its experience, Control Risks understands that a qualitative, instinctual approach to risk management isn’t enough for corporate leaders who demand cost-effective solutions and concrete results. Therefore it is helping its clients evolve to more data-driven quantitative methods backed by hard numbers and metrics that can activate and reinforce those ever-present tactical components of risk management. Control Risks has honed a quantitative approach to risk management driven by on-the-ground data and minute analysis of geopolitical developments.

Taking a risk-based approach, Control Risks helps protect client operations, whether those are in more regulated markets or high-risk environments, with bespoke security consulting; it also safeguards critical systems with customized cyber defense strategies. It upholds integrity and compliance through rapid issue investigation and remediation and equips leadership to adapt to shifting geopolitical conditions with incisive risk analysis. The company’s global presence further allows it to provide on-the-ground intelligence and support.

This data in context comes in handy for executives with vast remits who are accustomed to operating and monitoring everything by the numbers. Control Risks delivers data-supported analysis of risk exposures and recommendations on how to reduce vulnerabilities. Its consultants work with clients through interviews and partnerships to pinpoint the root causes of issues versus just understanding the symptoms. They map internal and external data sources to specific risk exposures like terrorism, fraud, crime, protests and more to establish measurable risk profiles and provide solutions.

Marco Leijnse, partner at Control Risks, says, “Data-driven reports enable fact-based decision-making on investments in risk management programs. This has resulted in us understanding—and in some cases eliminating—root causes to prevent and manage major future risks.”

In one example, Control Risks worked with a major global retailer looking to improve safety and security across its thousands of stores worldwide. The client’s global security team wanted to protect staff and customers and had an anecdotal understanding of the challenges, but lacked processes and data. Control Risks’ consultants conducted an extensive review of the client’s operations and risk management approach. This informed the creation of a comprehensive retail site safety program with standardized guidelines for implementing security measures tailored to each store’s level of risk exposure. Armed with data-driven risk assessments, the security team now has a seat at the table when new stores are being designed and built. They are able to put in place appropriate controls to create safer, more secure environments for employees and customers.

Data-driven reports enable fact-based decision making on investments in risk management programs


The global retailer immediately started seeing a notable reduction in security incidents across its sites, along with much higher satisfaction rates among store staff who previously felt vulnerable and exposed.

Control Risks has focused on data-driven approaches to security, cybersecurity, geopolitical analysis and more in response to its clients’ evolving need for robust, defensible risk management strategies; it expects this trend to continue. With offices worldwide, it remains dedicated now more than ever to leveraging its unrivaled experience to help organizations tackle uncertainty head-on and make smart decisions that create long-term value.

Top 20 Risk Management Solutions Companies - 2024

Company
Control Risks

Headquarters
..

Management
Marco Leijnse, Partner

Description
Control Risks guides organizations to overcome threats and protect what matters most, enabling clients to navigate risks successfully and achieve their goals.

Top 20 Risk Management Solutions Companies - 2024

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