Full spectrum revenue risk management
The Risk Management Group engages in full spectrum high tech risk management. This involves analysis of potential risks throughout the product or revenue life cycle, from service design to delivery, and along the full length of the revenue management chain, from service activation to collections and recycling of billing.
We identify and quantify manifest risks using advanced data analytics to provide hard evidence about the root causes, impact and culpability for revenue leakage and loss. We work closely with partners such as Revenue Risk Management Solutions who are experts in revenue assurance processes and data analytics.
We also examine and test other high tech risk scenarios, such as cyber security breaches, weak website security and staff data disclosures via social media.
Assessments
TRMG conducts wide ranging assessments to identify manifest and potential revenue risks, provide quantification of exposure and the business case for controls, define the detection rules needed, and raise awareness at senior management levels.
Health Checks
Even mature revenue risk management teams need to regularly benchmark their operations against industry standards. By taking large volumes of test data and analysing these with our own purpose-built data analytics toolset, we produce definitive answers to questions of performance and return on investment.
Product Reviews & Requirements
Numerous clients have hired TRMG to develop the specifications for their software requirements, or in the case of vendors to propose and document their product roadmaps. TRMG's design ideas underpin a large proportion of the leading revenue risk management applications in use today and we continue to engage with clients on the design of the next generation of solutions.
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