SRA's New Crisis Management Platform

We face challenging times and the threat of a dangerous virus. While the health impacts of the Covid-19 Virus will subside in the coming months, the financial, operational, strategic and reputational impact to the financial industry will be felt for many quarters if not years.

For its part, SRA has experience in times such as these, having helped hundreds of banks effectively navigate the 2008 financial crisis and other significant risk events. To assist, SRA has launched our Pandemic Risk Management Service designed to help Executive & Board leadership:

Improve the visibility & cohesiveness of risk & performance management to enable faster decision making;
Leverage preconfigured Pandemic Benchmark KRIs and KPIs to proactively meet changing market & regulatory requirements (pandemic or otherwise);
Visualize, Collaborate & Report on the latest Enterprise Risk Management progress.

If you are a Financial Executive looking for help ensuring your organization remains a resilient & financially stable center of the community, please feel free to register below for a Free Version of our service, and one of our SRA experts will help you activate & configure this service in only a few hours.

Stay Safe, Stay Healthy and do not hesitate to contact SRA if we can help.

SRA's Pandemic Risk Management Dashboard can be implemented in just a few hours

Click below to watch a short demonstration

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Pandemic Risk Dashboard

The foundation of this Service is a Pandemic Risk Management Platform to organize the bank's key risk information, changing risk profile and response. This information is vital to the bank's resiliency and is critical for the Board, Shareholders and Regulators to evaluate bank health.

Predefined Pandemic Risk Benchmark KRIs & KPIs to more effectively manage enterprise wide risk across multiple business silos;
Central risk management intelligence dashboard improving critical risk response activities and timelines for remote teams; ‍
Real-time alerts and management of risk response activities improving overall response efficiency;
Real-time collaboration support, enabling risk management collaboration across the enterprise; and
Single source of current risk management data; stored in and accessed through a secure Cloud Based SaaS Dashboard.

Pandemic Risk Virtual Retreat

This important function complements our Pandemic Risk Management Platform by providing multiple meetings with SRA experts to help optimize SRA’s Benchmark KRIs in our Platform.

Engage in collaborative sessions with SRA’s extensive team of subject matter experts that will result in customized benchmarked key risk and performance indicators covering areas throughout the institution;
Evaluate the effects of the pandemic on existing strategic imperatives documented in the Strategic Plan and update the Strategic Plan to align to current circumstances;
Identify policy driven metrics that may be at risk of noncompliance due to the pandemic and develop detailed tracking for timely reporting.

Pandemic Risk Management Services

Performed by SRA’s Banking Experts. These services help clients address the myriad pandemic risk management issues facing various job functions across the enterprise such as:

Services available:

Click on any Job Title below to see examples of best practices and how SRA can assist.

Pandemic Risk Management Board & Investor Report Development

Many of our clients have developed Pandemic Operating Committees to aggregate cross functional workflows from multiple business lines across the enterprise.

One of the major deliverables from these POCs is to continually update/report to Board and Industry Analyst teams on the process of how the enterprise is managing the growing risks thrust on their business as a result of this pandemic. SRA is currently helping many of its clients develop and update these Pandemic Board reports.

Click here for a Board and Investor sample report.

February 28, 2023