Technology and systems assurance
Maximising the value from IT systems remains at the top of most Board agendas. Effective and efficient IT systems and processes are fundamental for many organisations to remain successful, particularly in the current economic downturn. System problems can easily result in financial loss and operational inefficiencies. In today's economic climate, with increasing pressure on IT budgets and cost management, maximising the value from technology is ever more important.
Achieving sustainable value through an appropriate balance of robust and efficient controls, whilst eliminating inefficient processes and mitigating risks, remains a key goal for many IT functions.
Our Technology and Systems Assurance team have experience in helping clients understand and mitigate IT risks. We can work with you to help deliver real value from IT. We can evaluate whether IT investments are provided with effective security, governance and risk mitigation processes, whilst remaining cost efficient.
Our expertise includes the following key areas:
- IT Value and Performance;
- IT Risk Assurance;
- ERP Advisory Services; and
- IT Internal Audit Services.
Services we can provide:
- Assessment of your IT governance framework;
- IT spend analysis and cost rationalisation;
- Maturity assessment of IT;
- Data security assessment vs. industry standards (e.g. ISO27001);
- Assessment of security framework
- 3rd Party Reporting (SSAE16, ISAE3402, AAF01/06);
- Review of program change controls;
- Project assurance/review of project milestone deliverables;
- Pre- and post-implementation reviews;
- Data migration audit;
- Independent review of Business Continuity/ Disaster Recovery;
- ERP programme governance assessment and ERP assurance;
- Data testing and report assurance;
- Security and controls assurance for data and infrastructure;
- Segregation of duties and design of business and IT controls;
- Outsource of IT Internal Audit function;
- Co-sourcing/partnering to provide specific/targeted IT audit skills;
- Internal Audit effectiveness review; and
- Independent review of the scope/coverage of the IT Internal Audit plan.
Benefits to you include:
- Facilitating an understanding of your governance structure and suite of controls to drive value into your organisation;
- Optimisation of your control framework in aligning your procedures with best practice and removing redundant processes;
- Providing a useful, independent view of your IT risks which will allow for you to manage your information, security, disaster recovery, business continuity assurance and compliance risks (e.g. FCA, Data Protection);
- Mitigating the risk from changing systems and technology to help you to maximise the value from technology;
- Realising the value of your investment in ERP technologies to ensure you deliver successful change; and
- Allowing for a greater awareness of the challenges and IT risks faced by your organisation at all levels whilst ensuring your internal audit function provides a cost effective solution to your IT Internal Audit needs.
Get in touch
To discuss any of the above services with a member of our Insurance team, please contact us today