Independent Assurance
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What is Independent Assurance?
We define change as an intention to move to an improved future state, often involving people, process, technology and organisational structure.
Independent Assurance (on behalf of the Programme Sponsor or Board) or Co-Sourced Provider of Change Audit (on behalf of the Chief Internal Auditor) provides confidence to stakeholders that risks associated with change initiatives are identified early and managed, therefore helping you to ensure that the expected change outcomes are achieved.
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The challenges
How confident are you that your change initiatives are identified, prioritised, and managed so that you will deliver the outcomes needed?
For those organisations that can successfully deliver the change and transformation, the opportunity to reduce cost to serve, differentiate the customer proposition and gain new market share awaits.
Assurances provided across all lines of defence are not yet sufficiently integrated and forward looking. They often don’t identify the hidden risks early enough so that mitigations and interventions can be made, resulting in risks that crystalise and the change team being inundated with assurance requests that distract them from delivering the task at hand. The assurance needs to move at the pace of the programme, be focused in the right areas and be trusted by all stakeholders.
This isn’t easy. Underestimating costs, uncovering technical debt, discovering lurking data quality issues, complex change dependencies, cultural barriers and a shortage of talent are all common challenges that need to be overcome.
How to solve it
In helping you to look forward and manage risk, we believe that a flexible partnership approach with mutual trust and open communication will foster constructive challenge and deliver best results from the assurance for you. This includes the effective sharing of learnings from similar change initiatives, independent assurance and constructive challenge along the way.
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The benefits of our services
We have done this before and you are in safe hands. We reduce risk, improve change confidence and enable success.
The DCR team members have advised, assured and delivered change initiatives at retailers and manufacturers, through to leading UK banks, building societies, insurers, wealth managers and investment banks.
Robust independent advice and assurance doesn’t happen by accident – we bring a senior led approach and deep subject matter expertise in key areas of risk that you’ll face during the change such as strategy and operating model, design and architecture, testing, security, operational resilience and transitioning safely to the new ways of working.
Change is inevitable and we therefore focus on building your own internal capability, ensuring knowledge and skills transfer with your own team.
Explore services
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Cyber Risk Management & Strategy
Get in touch and find out more about how we can help
Our friendly, knowledgeable and approachable staff are available to offer support and advice on your cyber, tech, data, change and operations needs.