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Leading Financial Services Institution Continues Partnership with MHA Consulting for a Qualitative Residual Risk Assessment

Published on: November 01, 2024

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A titan in the American financial services sector, globally renowned for its extensive banking, investment, insurance and retirement solutions, is once again partnering with MHA Consulting to further mature its resiliency risk framework.

Following a successful initial engagement to assess the capabilities of its enterprise resiliency program and establish a robust resiliency strategy, this new phase will focus on a qualitative residual risk assessment of the institution’s Business Continuity Program and its most critical functions and systems. MHA Consulting will use its BCMMetrics Residual Risk (R2) module to assess and measure the residual risk therefore strengthening the institution’s operational resilience by identifying the strengths and weaknesses of its resiliency controls.

Michael Herrera, CEO of MHA Consulting, shared his vision for the collaboration, saying, “Seeing this valued client return to us is a powerful testament to the quality and impact of our work. We’re deeply committed to helping global financial leaders protect what matters most. Our relationship with this institution affirms the trust placed in MHA’s pioneering solutions to mitigate risks and enhance resilience. Together, we’re laying a foundation for long-term stability that reflects the strength of our ongoing partnership.”

This initiative underscores this financial institution’s steadfast commitment to safeguarding its infrastructure, stakeholders, and clients, reinforcing its reputation as a trusted leader in the global financial industry.


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