STORMS: Our approach leads to success at your organization

To integrate Strategic Treasury Operational Risk Management System (STORMS ) into your implement your ORM program, we employ a three-part strategy to :

• Learn the organization
• Determine the gaps
• Implement the solution

We will thoroughly assess your organization for its strenghts and weaknesses in all areas including organizational structure, responsibilities, processes, existing systems and environment. Based on this information, we will develop a gap analysis and make recommendations to close these gaps. Working with your organization, we will develop a program and implement the STORMS solution.

The STORMS Software System

The STORMS software system tracks "events" that might occur during te daily operations of the public funds entity giving you clear insight into resolving the potential problem before it spirals out of control. STORMS features a user-friendly graphical user interface (GUI) that allows you to easily record any event to a robust, relational database building an ongoing history of events, resolutions, and predictions that gives you control of problems and helps minimize risk.

Can your organization withstand a major disruption in operations?

In today's transient financial culture, it is imperative that you can quantify how you are protecting your public funds environment from inside and outside threats. You must provide evidence of accountability to increase the public's trust in your organization and to minimze losses across your public funds organization.

Our experts assist you with the processes, the people and the systems required to reduce the impact of unforeseen circumstances on your mission critical operations. We will help you become more resilient while lowering your operational risk.

Ultimately, the implementation of our STORMS program leads to higher return on the public funds you are entrusted to invest.

Why a good ORM program is critical to your organization

Recent governance and accounting scandals have led to increased regulation on financial markets. For example, the Basel II Accord and Sarbanes-Oxley Acto of 2002 are designed to tighten controls in corporations and financial institutions. The events of 9/11 spotlighted the exposure financial organizations have to operational risk and risk events such as terrorism or natural disasters.

By executing a properly designed ORM program, your organization will:

• Minimize operational losses which better protects the public funds
• Increase the public's confidence in your financial entity
• More effectively reduce your risk exposures as they become more transparent
• Protect your officeholder's reputation while increasing the public confidence in your financial entity because the institution can quantify what is being done

The ORM Experts

We're dedicated to reducing operational risk while increasing enterprise resilience in the public and private financial arena. We have extensive experience in the public financial environment including operations, business process design, cultural assessment and alignment, information systems integration and business continuity/disaster recovery palnning. Our management team has been working in treasury operations and financial institutions for more than 30 years.

Screenshots:

Welcome Screen	Event Tab
Executive Dashboard

For application information and support, contact info@limacorp.com.