Risk Audit

MeritUnion using its domain experts on risk coupled with hands-on experience with complex risk systems acts as an independent auditor of financial risk practices performed by various stakeholders.

Audit report includes an opinion on practices deployed along with recommendations if required.

Asset Managers | Asset Owners | Hedge Funds | Banks | Wealth Managers

Audit is highly customized in nature focusing on aspects most critical to Clients use case. Standard areas of coverage include:

    • Position modelling
    • Proxy handling
    • Reporting statistics
    • Risk settings
    • Stress testing
    • Risk monitoring
    • Exception handling
    • Staff Interview

The audits prove to be extremely useful for Management, Risk officer and Investors from multiple standpoints like:

    • Independent process assessment
    • Streamlining process and identifying gaps
    • Adopt Best practices
    • Reinforce importance of Risk function with investors
    • Birds eye detailing for CRO
    • Optimum use of Risk system
It is to be noted that the opinion and recommendation passed as a part of audit is solely for the benefit of internal management, employees and investors of the Client and not be treated as a qualifying document to comply with any regulatory requirement or detection of fraud.