Richey May Bolsters Its Integrated Risk Practice
Articles by: Richey May, Nov 19, 2020
The following content was originally circulated through Cision
Advisory and accounting firm Richey May has continued the expansion of its consulting practice, launching enterprise-level Governance, Risk and Compliance and Integrated Risk Management Solutions, under the direction of an industry veteran, Kevin Berman. By 2025, 50% of global midmarket and large enterprises will depend on risk management solutions to aggregate digital risks in their business ecosystems, up from 10% in 2018.
In response to this critical need, Kevin Berman, recognized as a digital integrated eGRC thought leader, has joined Richey May to lead this practice. Richey May’s financial acumen now expands into a robust Three Lines of Defense model, specifically targeted to heavily regulated industries.
Kevin Berman, recognized as a digital integrated eGRC thought leader, has joined Richey May to lead a eGRC practice.
“With the addition of these services, Richey May combines the power of a much larger accounting and consulting firm with the deep knowledge of regulated industries that Richey May is known for,” says Kevin Berman, Partner-In-Charge of Richey May’s GRC and Integrated Risk Management Practice. “These capabilities are designed to help organizations define, implement, and support their governance, risk and compliance (GRC) processes, content, and technical capabilities to create better informed decision makers and enable us to deliver a ‘forward risk’ view for our clients. Our solutions leverage leading integrated risk platforms, third party risk platforms, business resiliency, and cloud offerings to create best-in-breed results.”
“Our clients will now have access to services that address a holistic approach to risk defense,” said Jason Yetter, Managing Partner at Richey May. “This also positions us for continued growth within the financial services industry and exciting opportunities to expand elsewhere, such as the public utilities, insurance and health care industries.”
Richey May is partnering with Templar Shield consultants to bring these solutions to market.
“By partnering with Richey May, we are adding business advisory, tax, audit and assurance services to our existing bench of certified GRC/IRM professional service experts and our GRC & TPRM Managed Service offerings. As we continue to work with best-in-class channel partners including RSA Archer, IBM, Navex, One Trust and ServiceNow, we will be able to provide clients with world-class risk management ecosystems to create fit-for-purpose Integrated Risk Management programs that are operational, sustainable and provide value across organizational stakeholders and customers,” said Nicholas Friedman, President & Managing Partner at Templar Shield.