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ProSidian's Risk Management services respond to client requests to "Keep Us Out of Trouble" and "Make Our Business Better". Many companies are largely focused on regulatory compliance, while others are managing safety and security risk, information risk, operations risk, controls risk, as well as market and portfolio risk.



Coordinated risk activities enhance business processes. Many are saying that recent compliance and other new requirements are confusing and difficult to manage, yet they want to have competencies and activities in place to avoid problems.

Coordinated risk activities enhance business processes and create competitive advantage. However, for most organizations changing regulatory and operational perspectives pose risks based on the unique aspects of their operational profile. Many are looking for effective ways to address the breadth of their risk management activities while managing cost and enhancing shareholder value.

Typical Questions Posed:

  • How do we know if we have everything covered?
  • Can we get more from our risk investments?
  • Can we be more efficient and effective?
  • Who does what?
  • How are they coordinated?
  • How do we gain access to high opportunity prospects?
  • How do we compete for and develop a competent workforce?
  • How do we better manage our risk exposures?
  • How do we drive cost out of the enterprise?
  • How do we change our business model with the changing environment?
  • What are the key issues in our industry?

Leading organizations place high consideration on the risks inherent in their key initiatives and proactively address these risks to avoid problems. These companies focus on continuous improvement by incorporating risk management competencies and activities into initiatives to improve their businesses.

ProSidian assists clients in "staying out of trouble" and "making business better". For issues that apply to your company, we work with stakeholders to identify current processes for addressing risks and developing, designing, and implementing a plan.

Through an Assess/Improve/Monitor approach, ProSidian works with clients to understand the business objectives, initiatives, and strategic risks. We validate and prioritize your unique risk profile and identify gaps in coverage or improvement opportunities.

Our client serving teams focus on improving the design and effectiveness of the processes and controls while leveraging leading practices and process improvement techniques. The result is that our clients are positioned to validate that processes are operating as designed, controls are effective, and risks are managed effectively.

Our core competencies, such as knowledge of Risk and Energy Management, Business Process, Compliance and Project Management provide the foundation to deliver value to clients with the capacity to quickly discern the unique nature of the client's needs and deliver results through a structured approach. Our insight leverages our knowledge base of experience in industry processes and requirements that are relevant to your business.

At ProSidian Consulting, our Associates and Senior Fellows have spent their entire careers working with clients to increase stakeholder value by developing and improving their critical risk management capabilities.

The Experience Of Associates And Senior Fellows Include:

  • Federal and State Regulation
  • Revenue Enhancement
  • Market Risks
  • Regulatory Risks
  • Security Risks
  • Information Risks
  • Operational Risks
  • Internal Audit Outsourcing / Co-sourcing
  • Enterprise Risk Management
  • Corporate Governance
  • Merger/Acquisitions and Dispositions
  • Sarbanes-Oxley 404 compliance and monitoring

We help clients clear the obstacles that impede progress towards achieving objectives. The challenges faced can be addressed with a consistent operational approach, coordinated personnel, and a technology architecture that enables people and processes.

Potential Benefits From ProSidian's Risk Management Services:

  • Better, more informed decision making
  • Coordinating enterprise-wide regulatory strategy and policy
  • Early identification of regulatory needs expedites informed decision-making
  • Effective communication on critical business risks and internal sharing of leading practices to uniformly manage such risks
  • Executive management leadership and understanding of organizational risk management capabilities as a strategic asset
  • Improve enterprise performance reporting
  • Improve management reporting processes
  • Improved performance indicators, risk-based reporting and evaluation guidelines
  • Increased shareholder value
  • Leverage the momentum gained from the documentation of the financial processes into key process improvement initiatives
  • Manage the risk of disruption of critical business processes
  • More timely, relevant, actionable information
  • Risk assessment of the contract portfolio identifying risks embedded within contracts
  • Optimize Entity and Business Unit level SOX 404 investments by raising risk awareness and sensitivity levels of senior executives
  • Proactive in developing competitive energy supply portfolio
  • Protect critical assets and systems from security breaches

 

Our associates are experts in evaluating pricing structures, suppliers, contract terms, as well as other Energy and Risk Management initiatives. We help clients to increase stakeholder value by developing and improving their critical energy commodity risk management capabilities. At ProSidian, training and knowledge transfer is also an integral part of our client service. We work with clients to develop processes that consist of Energy Team discussions and educational sessions addressing key energy risk management and procurement issues.

You own the risk, we help you manage the risk:

  • Contracting process
  • Independent/unbiased energy risk management advise
  • Leverage best practices
  • Pre-qualify strategic suppliers
  • Price volume validation
  • Pricing analysis
  • Strategic negotiations
  • Structured approach to energy risk management
  • Risk management offers fewer negative surprises, greater stability and certainty of profitability
  • Investors expect to see management and stakeholder ownership of risk
  • Open, transparent communication is key to demonstrating risk management
  • Investors apply a penalty when they consider risk management to be insufficient
  • Large investors believe that good risk management is worth a premium price

Our clients benefit from the basket of experience and market intelligence provided by ProSidian's presence in the energy markets. We assist clients in selecting quality suppliers segmented by region, assets, creditworthiness, execution capability, and suite of services. ProSidian works with clients to create Customized Energy Supply RFPs with recommendations for an energy strategy tailored to the needs of your organization:

  • Competitive energy strategies
  • Energy procurement and management
  • Contract negotiations
  • RFP generation, management, and analysis
  • Facility requirements and/or operation schedules
  • Supply contracting options
  • usage and cost forecasts
  • Company risk tolerance
  • Counterparty credit
  • Regulatory compliance
  • Sustainability initiatives

Our value proposition to clients includes cost savings and increased operational efficiencies derived from our services:

Customized Risk Management Strategies and Programs

  • Assess Company Risk Tolerance
  • Cash Flow- At- Risk (CFAR) Analysis
  • Credit Worthiness Review
  • Customized Energy Risk Management Strategy Tailored To Risk Tolerance
  • Energy Management Assessment
  • Hedge Strategy Review

 

Sustainability Initiatives

  • Project Management
  • Benchmark Of Usage and Cost For Utilities
  • Comprehensive Baseline Evaluations
  • Review Sustainability Initiatives and
  • Validate Results

 

Tariff / Regulatory Assessment, Compliance, Monitoring, and Reporting Services

  • Rate Structure, Review, and Negotiation
  • Regulatory and Legislative Support
  • Regulatory and Market Intelligence Monitoring and Reporting



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