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Risk Management Process

Achieve More Effective Risk Mitigation Through Better Structure

TCT-GRC’s Full Strategic Risk Assessment (FSRA) service is a comprehensive analysis of every aspect of your business as it relates to risk. From verification to consultation on project / deal level, TCT-GRC partners with you to thoroughly assess the maturity of your risk exposure.

This analysis provides the critical insight and information you need in order to develop the most effective strategy possible for your organization.

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An Overview Of The Risk Management Process

TCT-GRC uses a four stage process for managing risk. In summary, it involves:

  1. Identifying what could happen

  2. Assessing/analyzing the probability of a given thing happening and the extent of its potential impact;

  3. Addressing the risk by taking steps to reduce its probability or constrain its impact; and

  4. Reviewing and reporting on the efficacy of risk controls and mitigations.

What’s Included In Our Full Strategic Risk Assessment

The FRSA includes a high-level review of your organization’s current risk exposure including, but not limited to, the following areas:

  • Verify Tank Farm Existence

  • Company Verification

  • Perform on-site checks of previous deliveries to Rotterdam

  • Check Reputation In The Oil And Gas Industry

  • Verify Phone Numbers 

  • Verify Authenticity of Certificates of Origin

  • Credit Worthiness 

  • Reference List Verification

  • Product Specification Opinion

  • Physical Trade Verification 

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Full Strategic Risk Assessment Deliverables

We deliver a comprehensive Full Strategic Risk Assessment Report and a Remediation Roadmap. These documents include our findings and remediation recommendations including  strengths and weaknesses, and what you need to do, in order of prioritize, to improve your business.

This provides you with the building blocks you need to construct a buy or selling program relative to your regulatory compliance  and risk tolerance.


Additional Solution Services include the following:


Enhanced Due Diligence Solutions

TCT-GRC’s Risk Assessment Suite provides your firm with a complete in-depth integrity enhance due diligence solution to assist in obtaining information and assessing risks associated with third-party intermediaries.

  • *Standard scoped reports are available for purchase on a Pay-As-You-Go basis.

KYC (Know Your Customers) Solutions 

Easy & compliant client onboarding with our solution for Fraud Detection & Prevention, Anti-Money Laundering, KYC & ID Verification.

Logistics Management Solutions

TCT-GRC offers a comprehensive logistics management solution, including scheduling and transportation management of the vessel. Selecting suppliers by conducting detailed due diligence and integrity analysis.


Be Smart with your Next Project/Deal!

Request a Free Consultation for our Due Diligence Assessment.


Our due diligence services give our customers a better understanding of risks and risk mitigations, and help them make investment decisions with confidence.

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