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Every business faces risks, not every business is prepared for them.

Elevate Your Resilience With
Trusted Risk Advisory Services

Our Risk Advisory Services are designed to identify, assess, and mitigate
potential risks before they disrupt your operations or damage your reputation.
With decades of expertise, our team of seasoned risk management consultants are here to help your business thrive in today’s unpredictable environment.
Book your consultationConsult

What We Offer

Benchmarking analysis arrow
Financial risk advisory arrow
Enterprise risk management (ERM) arrow
Cybersecurity risk arrow
Business continuity planning arrow
Internal Controls Over Financial Reporting (ICFR) arrow
Benchmarking Analysis
Turning industry insights into your risk advantage
In today’s rapidly evolving risk landscape, organizations need a clear picture of current realities. At Innovethics, we help companies and government agencies navigate uncertainty by benchmarking their risk posture against industry peers and emerging best practices.
Geopolitical tensions, interest rate shifts, and regulatory complexity are fueling increasing global volatility, demanding real-time risk insight. Our Benchmarking Analysis combines deep market intelligence, regulatory insight, and proven diagnostic tools to identify how your risk management approach compares to leading performers at local, regional and global scales.

  • We track macroeconomic, regulatory, technological, and ESG trends shaping risk management priorities across your sector and geography.

  • We assess your frameworks, policies, and controls against peers and best-in-class standards, to reveal any performance gaps as well as opportunities for strategic differentiation.

  • We analyze recurring risk and compliance challenges (both internal and external) to help you identify root causes, system weaknesses, and process inefficiencies.

  • Through structured assessments, we evaluate your organization’s risk culture, governance, and control environment—defining where you are today and what it will take to lead tomorrow.
What you get
  • Data-driven insights for informed risk decisions
  • Tailored recommendations based on regional realities (with deep GCC market expertise)
  • A clear path from reactive risk management to strategic risk leadership
Financial risk advisory
Navigate uncertainty with confidence
In-depth analysis and mitigation strategies for financial risks – protecting you against market volatility and financial mismanagement.
Key Service Pillars

    • Custom frameworks aligned with ISO 31000 and COSO ERM
    • Stakeholder engagement and risk culture development

    • Liquidity, credit, market, and operational risk analysis
    • Early-warning systems and stress testing

    • Review of Delegation of Authority (DoA), compliance structures, control gaps
    • Anti-fraud protocols, RACI matrix integration

    • Dynamic dashboards and scenario analysis
    • Board-level reporting aligned with strategic KPIs

    • Risk due diligence on counterparties
    • Integration risk management & synergy capture strategy
Geopolitical tensions, interest rate shifts, and regulatory
complexity fuel increasing global volatility, demanding
real-time risk insight.
Enterprise risk management (ERM)
Turn risk into resilience and opportunity
Businesses today face constant disruptions, from market shifts and compliance requirements to internal vulnerabilities. Without a clear framework, these risks can undermine growth and erode trust.
We deliver a holistic Enterprise Risk Management (ERM) framework that equips organizations to confidently navigate uncertainty and thrive in a rapidly evolving business environment.
Our Approach
We provide comprehensive risk assessments covering:
  • Strategic Risks
  • Tactical Risks
  • Operational Risks
  • Compliance Risks
What you get
  • Greater organizational resilienceand agility.
  • Smarter decision-making and resource allocation.
  • Stronger regulatory compliance and governance.
  • Greater stakeholder confidence and value creation.
Cybersecurity risk
Secure your digital assets against evolving threats
Cyberattacks like ransomware, phishing, and data breaches can cripple operations, damage reputations, and trigger costly penalties. As IT systems grow more complex, so do the risks. Organizations need clear, proactive strategies to stay secure and compliant.
We help organizations protect their most valuable digital assets with proactive cybersecurity measures and robust incident response frameworks that reduce exposure to ever-evolving cyber risks.
Our Approach
We provide an integrated cybersecurity risk framework designed to address:
  • Data Protection
  • Infrastructure Security
  • Threat Monitoring
  • Incident Response
What you get
  • Reduced risk of data breaches and operational disruptions.
  • Strengthened regulatory compliance (e.g., GDPR, ISO, NCA).
  • Enhanced stakeholder trust through robust cybersecurity posture.
  • Peace of mind with 24/7 threat readiness and response planning.
49% of CEOs
are increasing their investments in cybersecurity due to the rise in cybersecurity threats
95% of cybersecurity breaches are attributed to human error. (World Economic Forum)
43% of cyberattacks target small businesses – yet only 14% are prepared
$4.4 million
is the global average cost of a data breach in 2025
Business continuity planning
Keep your business moving in the face of disruption
In a world where disruptions can occur at any time – from natural disasters and cyber incidents to supply chain failures – organizations need to be prepared to act decisively.
We design tailored Business Continuity Planning (BCP) solutions that enable you to respond effectively to unexpected events, recover swiftly, and maintain critical operations at predetermined acceptable levels.
Our Approach
We work closely with your leadership team to build a resilient framework that supports your organization’s unique needs:
  • Risk & Impact Analysis
  • Continuity Strategies
  • Recovery Planning
  • Testing & Training for Staff
What you get
  • Reduced operational downtime and financial impact.
  • Increased organizational resilience and stakeholder confidence.
  • Compliance with industry standards and regulatory expectations.
  • Peace of mind knowing you can respond and recover effectively.
Internal Controls Over Financial Reporting (ICFR)
Supercharge your reporting compliance
Starting in FY2025, the UAE Securities and Commodities Authority (SCA) requires all Public Joint Stock Companies (PJSCs) to have their internal control and risk management systems, including ICFR, be evaluated by an external auditor. This regulatory milestone builds on the initial FY2024 rollout which mandated self-assessment by the companies, and signals a deepening national commitment to financial transparency, governance, and investor protection.
At Innovethics, we help you develop a risk-based ICFR framework aligned with COSO principles for long-term ICFR maturity.
Our ICFR Proposition: From Compliance to Competitive Advantage
We partner with Public Joint Stock Companies (PJSCs) to design, implement, and enhance robust ICFR frameworks tailored to their risk profile, operating environment, and regulatory requirements. Whether you are in the early stages of implementation or looking to strengthen existing controls, our proven methodologies and deep regulatory insight will help you confidently meet SCA requirements.

    • Diagnostic review of existing controls against COSO standards.
    • Identification of control design gaps and remediation roadmap.
    • Self-assessment support in line with SCA phased implementation guidance.

    • Custom ICFR framework aligned to your operational and financial structure.
    • Integration of risk-based control matrices and entity-level controls.
    • Documentation of key processes and control activities.

    • Walkthroughs, design effectiveness, and operating effectiveness testing.
    • Control rationalization and automation recommendations.
    • End-to-end support through internal and external audit cycles.

    • Preparation for auditor attestation on ICFR effectiveness.
    • Support in developing required reporting and disclosures.
    • Guidance on engaging with the Board Audit Committee and Risk Committees.

    • Strategic roadmap to elevate ICFR from compliance to value-creation.
    • Control efficiency reviews to reduce redundancy and improve reliability.
    • Ongoing training for management and control owners.

What We Offer

Benchmarking analysis
arrow
Turning industry insights into your risk advantage
In today’s rapidly evolving risk landscape, organizations need a clear picture of current realities. At Innovethics, we help companies and government agencies navigate uncertainty by benchmarking their risk posture against industry peers and emerging best practices.
Geopolitical tensions, interest rate shifts, and regulatory complexity are fueling increasing global volatility, demanding real-time risk insight. Our Benchmarking Analysis combines deep market intelligence, regulatory insight, and proven diagnostic tools to identify how your risk management approach compares to leading performers at local, regional and global scale. locally,

  • We track macroeconomic, regulatory, technological, and ESG trends shaping risk management priorities across your sector and geography.

  • We assess your frameworks, policies, and controls against peers and best-in-class standards, to reveal any performance gaps as well as opportunities for strategic differentiation.

  • We analyze recurring risk and compliance challenges (both internal and external) to help you identify root causes, system weaknesses, and process inefficiencies.

  • Through structured assessments, we evaluate your organization’s risk culture, governance, and control environment—defining where you are today and what it will take to lead tomorrow.
What you get
  • Data-driven insights for informed risk decisions
  • Tailored recommendations based on regional realities (with deep GCC market expertise)
  • A clear path from reactive risk management to strategicrisk leadership
Financial risk advisory
arrow
Navigate uncertainty with confidence
In-depth analysis and mitigation strategies for financial risks – protecting you against market volatility and financial mismanagement.

    • Custom frameworks aligned with ISO 31000 and COSO ERM
    • Stakeholder engagement and risk culture development

    • Liquidity, credit, market, and operational risk analysis
    • Early-warning systems and stress testing

    • Review of Delegation of Authority (DoA), compliance structures, control gaps
    • Anti-fraud protocols, RACI matrix integration

    • Dynamic dashboards and scenario analysis
    • Board-level reporting aligned with strategic KPIs

    • Risk due diligence on counterparties
    • Integration risk management & synergy capture strategy
Geopolitical tensions, interest rate shifts, and regulatory
complexity fuel increasing global volatility, demanding
real-time risk insight.
Enterprise risk management (ERM)
arrow
Turn risk into resilience and opportunity
Businesses today face constant disruptions, from market shifts and compliance requirements to internal vulnerabilities. Without a clear framework, these risks can undermine growth and erode trust.
We deliver a holistic Enterprise Risk Management (ERM) framework that equips organizations to confidently navigate uncertainty and thrive in a rapidly evolving business environment.
Our Approach
We provide comprehensive risk assessments covering:
  • Strategic Risks
  • Tactical Risks
  • Operational Risks
  • Compliance Risks
What you get
  • Greater organizational resilienceand agility.
  • Smarter decision-making and resource allocation.
  • Stronger regulatory compliance and governance.
  • Greater stakeholder confidence and value creation.
Cybersecurity risk
arrow
Secure your digital assets against evolving threats
Cyberattacks like ransomware, phishing, and data breaches can cripple operations, damage reputations, and trigger costly penalties. As IT systems grow more complex, so do the risks. Organizations need clear, proactive strategies to stay secure and compliant.
We help organizations protect their most valuable digital assets with proactive cybersecurity measures and robust incident response frameworks that reduce exposure to ever-evolving cyber risks.
Our Approach
We provide an integrated cybersecurity risk framework designed to address:
  • Data Protection
  • Infrastructure Security
  • Threat Monitoring
  • Incident Response
What you get
  • Reduced risk of data breaches and operational disruptions.
  • Strengthened regulatory compliance (e.g., GDPR, ISO, NCA).
  • Enhanced stakeholder trust through robust cybersecurity posture.
  • Peace of mind with 24/7 threat readiness and response planning.
49% of CEOs
are increasing their investments in cybersecurity due to the rise in cybersecurity threats
95% of cybersecurity breaches are attributed to human error. (World Economic Forum)
43% of cyberattacks target small businesses – yet only 14% are prepared
$4.4 million
is the global average cost of a data breach in 2025
Business continuity planning
arrow
Keep your business moving in the face of disruption
In a world where disruptions can occur at any time – from natural disasters and cyber incidents to supply chain failures – organizations need to be prepared to act decisively.
We design tailored Business Continuity Planning (BCP) solutions that enable you to respond effectively to unexpected events, recover swiftly, and maintain critical operations at predetermined acceptable levels.
Our Approach
We work closely with your leadership team to build a resilient framework that supports your organization’s unique needs:
  • Risk & Impact Analysis
  • Continuity Strategies
  • Recovery Planning
  • Testing & Training for Staff
What you get
  • Reduced operational downtime and financial impact.
  • Increased organizational resilience and stakeholder confidence.
  • Compliance with industry standards and regulatory expectations.
  • Peace of mind knowing you can respond and recover effectively.
Internal Controls Over Financial Reporting (ICFR)
arrow
Supercharge your reporting compliance
Starting in FY2025, the UAE Securities and Commodities Authority (SCA) requires all Public Joint Stock Companies (PJSCs) to have their internal control and risk management systems, including ICFR, be evaluated by an external auditor. This regulatory milestone builds on the initial FY2024 rollout which mandated self-assessment by the companies, and signals a deepening national commitment to financial transparency, governance, and investor protection.
At Innovethics, we help you develop a risk-based ICFR framework aligned with COSO principles for long-term ICFR maturity.
Our ICFR Proposition: From Compliance to Competitive Advantage
We partner with Public Joint Stock Companies (PJSCs) to design, implement, and enhance robust ICFR frameworks tailored to their risk profile, operating environment, and regulatory requirements. Whether you are in the early stages of implementation or looking to strengthen existing controls, our proven methodologies and deep regulatory insight will help you confidently meet SCA requirements.

    • Diagnostic review of existing controls against COSO standards.
    • Identification of control design gaps and remediation roadmap.
    • Self-assessment support in line with SCA phased implementation guidance.

    • Custom ICFR framework aligned to your operational and financial structure.
    • Integration of risk-based control matrices and entity-level controls.
    • Documentation of key processes and control activities.

    • Walkthroughs, design effectiveness, and operating effectiveness testing.
    • Control rationalization and automation recommendations.
    • End-to-end support through internal and external audit cycles.

    • Preparation for auditor attestation on ICFR effectiveness.
    • Support in developing required reporting and disclosures.
    • Guidance on engaging with the Board Audit Committee and Risk Committees.

    • Strategic roadmap to elevate ICFR from compliance to value-creation.
    • Control efficiency reviews to reduce redundancy and improve reliability.
    • Ongoing training for management and control owners.

Tailored Solutions From Our Expert
Risk Management Consultants

We work with you to understand your business’s unique risk profile and develop
strategies that not only protect you but help you grow.
Risk assessment
We begin by conducting a thorough risk assessment to identify potential vulnerabilities across your business.
Strategy design
Our consultants work with your leadership to design a risk management strategy that aligns with your operational goals and regulatory requirements.
Get in touch to assess your current risk framework and explore tailored strategies
Let’s TalkConsult
25% lower volatility for firms with mature risk management frameworks
McKinsey

Testimonials

Your Success is Our
Greatest Achievement

Testimonial

Before partnering with Innovethics, we struggled to identify and prioritize the risks that threatened our long-term objectives. Their team brought clarity and structure with a comprehensive Enterprise Risk Management framework tailored to our industry. Today, we make decisions with greater confidence, knowing we have the foresight and tools to navigate uncertainty as well as unlock new opportunities for growth

Chief Executive Officer,
Regional Energy GroupM&A Transaction

1 in 3 organizations experienced a critical disruption in the last 12 months.

Supply chain, IT outages, and cyber incidents are the most common.

PwC Global Risk Survey 2024

Use Cases

Client Success Stories

A leading healthcare provider faced mounting financial risks due to inefficient cash flow management and increasing regulatory requirements.

Cost Optimization

Our Approach

  • Streamlined receivables
  • Strengthened internal controls
  • Aligned reporting structures with healthcare regulations
Cost Optimization

Outcome

Stabilized cash flow and
improved liquidity.

Enhanced compliance with
industry regulations.

Increased financial resilience and governance confidence.

A major financial institution faced growing vulnerabilities in its digital infrastructure, exposing it to cyber threats and regulatory penalties.

Strategic Financial

Our Approach

  • Conducted a comprehensive cybersecurity audit
  • Identified gaps
  • Implemented enhanced security measures tailored to the institution’s needs
Strategic Financial

Outcome

Significantly reduced exposure to cyber risks.

Improved compliance with financial industry regulations.

Safeguarded sensitive client data and strengthened trust.

A global manufacturing firm risked major disruptions due to reliance on a limited supplier base. A sudden supply chain breakdown threatened operations and delivery commitments.

Our Approach

  • We designed a tailored Business Continuity Plan, including supplier diversification, contingency inventory strategies, and escalation protocols.

Outcome

Maintained operations during a
supply chain disruption.

Strengthened resilience through
diversified sourcing.

Protected customer commitments
and minimized losses.

A manufacturing firm concerned about financial vulnerabilities.

Private Equity

Our Approach

  • Conducted a comprehensive risk assessment, including stress testing of financial statements.
  • Identified key areas of financial vulnerability, such as exposure to foreign exchange risk and over-reliance on a single supplier.
  • Developed a risk mitigation strategy, including hedging techniques and supplier diversification.
  • Implemented internal controls to monitor and manage identified risks.
Private Equity

Outcome

30%

reduction in overall financial risk, leading toan improved credit rating.

10%

Implemented a hedging strategy that protected the company from a currency currency fluctuation.

10%

Implemented a hedging strategy that protected the company from a currency fluctuation.

Diversified supplier base, reducing dependency on the single supplier from

70% to 40%.

43% longer recovery times and 2x higher financial losses
during major incidents for companies without a tested continuity plan experience
Forrester Business Resilience Benchmark Report, 2023

Why Innovethics?

  • 30+Years of
    Financial Expertise

    With over three decades of hands-on financial leadership, we’ve guided businesses through complex restructurings, IPOs, M&A transactions, and turnarounds across diverse sectors.

  • 80+Strategic
    Engagements Delivered

    Trusted by boards, investors, and regulators alike - delivering high-impact outcomes across corporate finance, governance, and enterprise risk.

  • Integrated Advisory Approach

    Our tailored advisory model blends financial strategy, risk management, and fraud resilience, ensuring every solution is comprehensive and aligned with your organization’s full risk and growth profile.

  • Regional Insight

    With 20+ years of experience in the GCC, we understand the regulatory, cultural, and economic landscape, allowing us to deliver advice that’s relevant to the region.

Legal & Regulatory Compliance

To ensure that your business operates within the required legal framework, our services adhere to all relevant laws and regulations including:
  • Regulatory compliance: We help you stay compliant with regulations such as GDPR, SOX, and industry-specific standards – reducing the risk of legal penalties.
  • Data protection and privacy: Our risk advisory services include comprehensive data protection strategies to guarantee your business complies with global privacy regulations.
  • Risk management frameworks: We use internationally recognised frameworks such as COSO and ISO to ensure your risk management processes meet the highest of standards.
By aligning your business with legal and regulatory requirements, Innovethics helps you avoid unnecessary risk while optimising operational efficiency.

80% of firms with mature BCPs report stronger investor confidence and

board-level trust in times of disruption.

Accenture Risk & Resilience Outlook 2024

Frequently asked questions

We assess a wide range of risks, including financial, operational, cybersecurity, compliance, and fraud risks. Our risk advisory services are tailored to meet the specific needs of your industry and business model.

ERM provides a comprehensive framework for identifying, assessing, and managing risks across your organisation – improving decision-making and ensuring long-term resilience.

Yes. We offer full cybersecurity risk assessments, including data protection, incident response planning, and IT compliance with industry standards.

Pricing depends on the scope and complexity of the assessment. We offer flexible pricing models to suit businesses of all sizes.

The timeline varies based on the scope of the project. A typical assessment and implementation can range from a few weeks to several months, depending on the complexity.

We begin with a thorough risk assessment to identify potential vulnerabilities, then our consultants work with your leadership to design a risk management strategy that aligns with your operational goals and regulatory requirements.

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