We help our clients identify, quantify and prioritize their most important risks.

Facing budgetary pressures, policy changes and risk related to new threats in technology , more and more of our clients are realizing that an effective, risk-informed strategy can help agencies minimize waste, fraud and abuse and also protect the programs and assets they are tasked with managing. We take a truly global, cross-sector, cross-functional view of risk issues, combining our consultant's deep public and private sector insight and strategic skills with a structured risk-management approach, proven methodologies focused on true transformation, analytical tools, and practical implementation.
EXPERTISE
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Our project leaders have experience across a number of disciplines and follow a systematic approach to assessing risk and are experts in managing stakeholder expectations.
Risk Management
Every operating decision entails some level of risk, and future results and unintended consequences are never certain. As a result, the third element that should be included in every business decision is risk. Some agencies may have well developed risk management practices within certain functional areas. However, few organizations integrate effective risk management across the enterprise in a manner that:
  • Ensures consistency of risk management practices across functional silos
  • Provides for a well-defined and broadly communicated enterprise risk appetite that drives risk-reward decisions.
  • Enables investments in risk treatment to be applied in those areas providing the highest return on investment, thereby improving organizational value.
Cambio has been a thought leader in Enterprise Risk Management (ERM), and believes ERM should be an integral part of any organization’s efforts to maximize organizational value.

Risk Governance
Risk governance is a continual process.  Our consultants have access to proven systematic mechanisms for evaluating and improving risk governance proficiency.  We help agencies identify, prioritize, and implement improvements as well as give executives visibility into the organization’s progress toward developing an effective risk governance process.
Internal Controls
Our practitioners have developed and managed internal control programs for a number of federal agencies.  As with any project, we will bring leading practices in internal controls, established methodologies and expert level knowledge of related guidance such as OMB Circular A-123.  Our team specializes in the following:
  • Assessment of compliance with A-123
  • Establishing and assessing controls over new Open Government reporting requirements
  • Creating an integrated internal control compliance and monitoring program
  • Implementing an integrated and efficient governance, risk, and compliance framework
  • Integrating internal control assessments with related processes—including financial audits—to maximize budget dollars and achieve a more efficient internal control assessment process.
An effective internal control program allows executives to make informed decisions through relevant, accurate, timely, and reliable financial information.  Cambio
contributions lead to unqualified audit opinions, minimize risk for the agency and reduce the risk of waste, fraud and abuse.
Compliance & Governance
Cambio's Compliance and Governance practice works with federal agencies to ensure that their compliance and governance frameworks, practices and organizations are robust and managed in accordance with all applicable laws and regulations, and that any compliance issues that arise are addressed quickly, effectively and efficiently.
CAPABILITIES
Analytics
Cybersecurity
Financial Management
Information Technology
Program Management
Risk Management
To download our Capability Statement click here.
“The essential challenges.…are  namely how to understand the micro-details of the silos, and see how all the macro-pieces add up. And that is a challenge that is likely to intensify, not diminish, in the coming years.”

- Gillian Tett, The Dangers of Silo Thinking, 
The Financial Times, October 2009
"The danger is that a silo mentality can cause a disconnect from the big picture, leaving almost everyone unaware of the interconnectedness of risk.”

-Paul Sassieni, Val Mulcahy, How Silos Obstruct Counterparty Risk Control March 2009