MENLO PARK, Calif.
Sept. 24, 2012
/PRNewswire/ -- Protiviti (
), a global consulting firm, has received a "Positive" rating from Gartner, Inc. in the MarketScope for Global Enterprise Risk Management Consulting Services . Protiviti is one of six global consulting firms that Gartner evaluated in the report, which assesses each firm's enterprise risk management (ERM) consulting capabilities in order to help organizations identify and evaluate the right consultants to support the development of their ERM programs.
According to the report, "While organizations can purchase specialized ERM consulting services for a single focus area (such as operational risk or IT risk), there is emerging demand for developing holistic, integrated approaches to risk management in support of business performance. In addition, organizations may seek to reduce compliance costs by pursuing a risk-based, multiregulatory approach to compliance that incorporates myriad government regulations, industry-specific rules and standards into a single cross-enterprise compliance program."
"Having a comprehensive, enterprisewide view of an organization's risk is a requirement in today's complex, highly regulated business environment," said
, executive vice president, global services, Protiviti. "We believe Protiviti's positive rating in Gartner's MarketScope for Global Enterprise Risk Management Consulting Services is a reflection of our ability to help clients develop and maintain this comprehensive, enterprisewide view as a critical step in fully aligning risk management with the core processes for delivering long-term business performance."
The Gartner report further explains that the "market for ERM consulting services is driven by board- and senior-executive-level concerns about business uncertainty, including business risks and regulatory compliance. Risks have yet to be fully understood at the middle and lower management level, which provide opportunities for consulting firms to help their clients to bridge this gap. The consulting firms evaluated all have significant capabilities to deliver ERM services, and most of them have a mature understanding of risk and the relationship of risk to business objectives."