Financial Risk Management Services: A Guide for UK Companies

Financial risk management has become essential for UK businesses today. Markets change fast. Regulations keep getting stricter. Good risk practices can protect your company and support smarter decisions.

This guide offers a clear and practical overview. It is not a ranking or a comparison of the best companies.

Instead, you will see how various companies across the UK deliver financial risk management services. Some companies are large and cover many different risk areas. Others focus on specific risks or particular industries.

These companies work with a wide range of businesses. They support limited companies, PLCs, and international groups. Their main aim is to help CFOs and Finance Directors identify financial risks, assess them accurately, and put effective controls in place.

In this guide, you will discover who these companies typically serve and what strengths they bring. You will also get useful context to understand the options available. This will help you make a more confident decision about the right support for your business.

Acumon

Acumon is a UK-based firm of chartered accountants and advisors that provides Risk & Tech Assurance services with a dedicated focus on risk management. The firm helps organisations build structured frameworks to identify, assess, and mitigate operational, financial, and strategic risks.

Acumon works primarily with CFOs and Finance Directors who need practical support in strengthening their risk processes. The firm delivers senior partner-led engagements using flexible models that can be fully outsourced, co-sourced, or provided on an ad-hoc basis.

The company supports a wide range of UK businesses, from growing limited companies and mid-tier organisations to international groups and regulated entities. Its risk management approach emphasises clear risk appetite frameworks, effective mitigation strategies, and consistent monitoring and reporting.

Acumon combines risk management with related areas such as governance, compliance, and technology risk. This integrated perspective helps finance leaders gain better visibility and control over financial risks while aligning with broader organisational objectives and regulatory expectations.

Acumon works closely with management and boards to translate risk frameworks into actionable processes. The firm supports organisations in building more resilient operations and making better-informed strategic decisions through independent assurance and practical risk management advice.

Risk Management Capabilities

Acumon provides comprehensive frameworks for financial and enterprise risk management.

These include:

• Financial risk identification and assessment
• Risk appetite framework development
• Risk mitigation strategy implementation
• Ongoing risk monitoring and reporting
• Strategic and operational risk management
• Governance and compliance integration

Regulatory and Assurance Support

Acumon delivers independent assurance over risk processes and controls.

These include:

• Independent evaluation of risk frameworks
• Regulatory compliance alignment
• Governance framework reviews
• Technology risk and cybersecurity assessment

Core Services

In addition to financial risk management, Acumon offers supporting services within its Risk & Tech Assurance practice.

These include:

• Financial risk management in UK
• IT risk and cybersecurity
• Corporate governance advisory
• Internal audit and assurance
• Business health check

Supporting Growing Organisations

Many companies seek professional risk management support as they increase in size and complexity.

Acumon works with organisations that are:

• Experiencing growing financial and operational risk exposure
• Preparing for heightened regulatory requirements
• Strengthening governance and internal controls
• Expanding into new markets or structures

Contact Information

• Website: acumon.com
• Phone: 020 8567 3451
• Email: mail@acumon.com 
• Address: 1-2 Craven Road, Ealing, London, W5 2UA, UK

FTI Consulting

FTI Consulting supports clients in quantifying, monitoring, reporting and managing risk. The focus covers market risk, credit risk and liquidity risk. Work includes compliance with regulations and best practices in processes and policies.

The company advises on risk management and quantitative solutions. Services involve trading and investment risk advisory along with strategic risk assessment. Teams review or validate risk management models and apply best practice in analytical frameworks. Stress-testing covers financial instruments from basic types to complex derivatives and structured products. Advanced methods include portfolio construction, innovative risk metrics and sophisticated scenario analysis.

Key Highlights

• Supports quantifying and managing multiple risk types
• Focus on compliance and policy frameworks
• Provides quantitative risk solutions
• Advises on model validation

Services

• Trading and investment risk advisory
• Stress-testing of financial instruments
• Portfolio stress testing and scenario analysis
• Risk management model review
• Analytical framework development

Contact Information

• Website: www.fticonsulting.com
• Phone: +44 20 3727 1000
• Address: 200 Aldersgate, Aldersgate Street, London EC1A 4HD, United Kingdom
• LinkedIn: www.linkedin.com/company/fti-consulting
• Facebook: www.facebook.com/FTIConsultingInc
• Twitter: x.com/FTIConsulting
• Instagram: www.instagram.com/lifeatfti

EY

EY works with clients on financial risk identification, measurement, mitigation, monitoring and reporting. The traded products and capital markets team handles exposures to interest rate, commodity, equity and foreign exchange movements.

The company develops integrated risk frameworks across different sources. Liquidity risk receives strategic recommendations for identification, measurement and regulatory compliance. Credit risk and operational risk frameworks also form part of the offering. Quantitative techniques help develop and validate risk measurement methodologies.

Key Highlights

• Combines qualitative and quantitative skills
• Supports regulatory compliance in local and global environments
• Applies technology to risk processes
• Covers multiple risk categories

Services

• Market risk monitoring and reporting
• Liquidity risk management
• Credit risk identification and measurement
• Enterprise risk framework development
• Capital management support
• Quantitative risk model validation

Contact Information

• Website: www.ey.com
• Phone: +44 20 7951 2000
• Address: 1 More London Place, London SE1 2AF
• LinkedIn: www.linkedin.com/company/ernstandyoung
• Facebook: www.facebook.com/pages/Ernst-Young/195665063800329
• Twitter: x.com/EYnews
• Instagram: www.instagram.com/ey_us

Protiviti

Protiviti helps organisations assess risk and develop solutions to manage it in an agile way. The company builds credit risk management systems that identify, measure and manage risks according to the organisation’s risk appetite.

Solutions aim to improve the quality of credit risk decisions before losses occur. The approach uses data-driven methods and technology. Teams include former industry executives and analytics experts who focus on practical risk transformation.

Key Highlights

• Builds systems aligned with risk appetite
• Emphasises proactive risk management
• Leverages analytics for decision making
• Supports regulatory compliance

Services

• Credit risk management system development
• Enterprise risk management approach
• Risk and compliance analytics
• Third-party risk management
• Operational risk programme evolution

Contact Information

• Website: www.protiviti.com
• Phone: +44.20.7930.8808
• Email: contactus@protiviti.com
• Address: The Shard, 32 London Bridge Street, London, SE1 9SG, United Kingdom
• Facebook: www.facebook.com/Protiviti
• Twitter: x.com/ProtivitiUK
• LinkedIn: www.linkedin.com/company/protiviti-uk-
• Instagram: www.instagram.com/protiviti.uk

Deloitte

Deloitte assists clients with market risk and credit risk through asset level reviews, analytics and cash-flow modeling. The company also supports capital management, liquidity and treasury risk, especially during large company events and regulatory changes.

Work includes structural review, document examination and post-closing compliance testing. Teams help transform treasury and commodity trading capabilities in response to market conditions and currency volatility.

Key Highlights

• Covers market, credit and liquidity risk areas
• Supports finance transformation projects
• Responds to changing regulatory requirements
• Applies analytics to risk processes

Services

• Market and credit risk analytics
• Capital management
• Liquidity and treasury risk
• Cash-flow modeling
• Asset level reviews
• Post-closing compliance testing

Contact Information

• Website: www.deloitte.com
• Phone: +44 (0)121 632 6000
• Address: Four Brindleyplace Birmingham, B1 2HZ United Kingdom
• LinkedIn: www.linkedin.com/company/deloitte
• Facebook: www.facebook.com/deloitteuk
• Twitter: x.com/deloitteuk
• Instagram: www.instagram.com/deloitte_uk 

Shasat Consulting

Shasat Consulting delivers risk advisory services across several core financial risk areas. The company builds frameworks and models for market risk, credit risk, liquidity risk, operational risk and regulatory compliance risk. Work aligns with key standards including Basel requirements and IFRS 9.

Teams develop value at risk models, sensitivity analysis and hedging strategies using derivatives and asset liability management techniques. For credit risk they create probability of default, loss given default and exposure at default models along with expected credit loss calculations. Liquidity risk support covers liquidity coverage ratio, net stable funding ratio, funding gap analysis and contingency funding plans. Operational risk includes control frameworks for process failures and cyber threats. Regulatory services involve gap analysis, remediation planning, ICAAP and ILAAP preparation together with stress testing and scenario analysis across different risk types.

Key Highlights

• Develops models across multiple risk domains
• Supports hedging and hedge accounting
• Covers regulatory framework alignment
• Provides stress testing capabilities
• Focuses on practical implementation

Services

• Market risk modelling and hedging
• Credit risk and ecl calculation
• Liquidity risk framework support
• Operational risk control frameworks
• Regulatory gap analysis and remediation
• Stress testing and scenario analysis
• Hedge accounting documentation

Contact Information

• Website: www.shasat.co.uk
• Phone: +44 203 070 3932
• Email: info@shasat.com
• Address: 71–75 Shelton Street, London, Greater London, WC2H 9JQ, United Kingdom
• LinkedIn: www.linkedin.com/company/global-ifrs-desk
• Facebook: www.facebook.com/Shasat.co.uk
• Twitter: x.com/GlobalIFRSdesk
• Instagram: www.instagram.com/shasat.co.uk

BDO UK

BDO UK offers specialist support on liquidity risk management for investment firms. The company provides practical advice, training and assurance services related to liquidity and broader prudential risk management frameworks. This helps clients meet their liquidity requirements more effectively.

Work includes mock regulatory reviews and assessments of governance and risk culture. Teams focus on quantification of liquidity risks and ongoing monitoring processes. Support also covers wider prudential risk areas to strengthen overall risk management practices within the firm.

Key Highlights

• Specialises in liquidity risk for investment firms
• Delivers mock regulatory reviews
• Provides training on risk frameworks
• Focuses on governance and risk culture

Services

• Liquidity risk management advice
• Prudential risk framework support
• Mock s166 reviews
• Risk quantification and monitoring
• Governance and assurance services
• Training on liquidity requirements

Contact Information

• Website: www.bdo.co.uk
• Phone: 0117 930 1500
• Email: experienced.hire@bdo.co.uk
• Address: Bridgewater House, Finzels Reach, Counterslip, Bristol, BS1 6BX, United Kingdom
• LinkedIn: www.linkedin.com/company/bdo-llp
• Instagram: www.instagram.com/bdo_uk

KnowCo Ltd

KnowCo Ltd applies both quantitative and qualitative tools in its credit risk management work. The company integrates business strategy with enterprise risk frameworks and defines clear credit risk appetite. This approach shapes credit policies and processes across the business cycle.

Teams establish group credit risk management structures and develop quantitative methodologies including stress testing. Services cover pricing for credit risk and allocation of regulatory and economic capital. The overall focus remains on supporting balanced decision making that balances profitability with prudent risk management.

Key Highlights

• Combines quantitative and qualitative tools
• Aligns credit risk with business strategy
• Supports policy and framework development
• Includes capital allocation elements

Services

• Enterprise risk framework integration
• Credit risk appetite definition
• Credit policy architecture
• Quantitative credit methodologies
• Stress testing and scenario analysis
• Regulatory and economic capital allocation
• Group credit risk structures

Contact Information

• Website: www.knowco.co.uk
• Phone: +44(0)7799 113535
• Email: paul.ashton@knowco.co.uk
• Address: TBXH@ Sunley, 4 Bedford Park, Croydon, CR0 2AP
• LinkedIn: www.linkedin.com/company/knowco-ltd

Forvis Mazars UK

Forvis Mazars UK specialises in quantitative solutions for financial risk modelling. The company develops and validates models for market risk, credit risk, liquidity risk, counterparty credit risk and prudential valuation. Work often supports large investment banks and regulatory projects.

Teams implement models in modern programming languages and create user-friendly interfaces for practical use. Services include calibration with market and portfolio data, backtesting and documentation. Climate risk modules integrate into IFRS 9 models with scenario analysis and expected credit loss calculations. Model validation covers consistency checks and compliance with regulatory standards.

Key Highlights

• Focuses on quantitative model development
• Covers multiple risk model types
• Integrates climate risk into models
• Supports model implementation and validation

Services

• Market risk model validation
• Credit risk and ecl modelling
• Liquidity risk model development
• Counterparty credit risk models
• Prudential valuation modelling
• Climate risk framework integration
• IFRS 9 model implementation

Contact Information

• Website: www.forvismazars.com
• Phone: +44 (0) 20 7063 4000
• Address: 30 Old Bailey, London, EC4M 7AU, United Kingdom
• LinkedIn: www.linkedin.com/company/forvis-mazars-in-the-uk
• Twitter: x.com/ForvisMazarsUK
• Instagram: www.instagram.com/forvismazarsuk

PwC UK

PwC UK helps financial services companies manage financial, operational and regulatory risks. The work includes market risk, credit risk and liquidity risk. The approach focuses on building resilience while meeting regulatory expectations.

Teams support clients in identifying and measuring different risk exposures across banking and capital markets activities. Services involve developing frameworks for ongoing risk monitoring and reporting. Work also covers integration of risk management into broader business processes. Practical advice helps strengthen governance around financial risks. Stress testing and scenario analysis often form part of the support provided.

Key Highlights

• Covers financial and regulatory risks
• Supports resilience building
• Focuses on risk identification
• Integrates monitoring processes

Services

• Market risk management
• Credit risk framework support
• Liquidity risk assessment
• Regulatory risk advisory
• Operational risk integration
• Risk monitoring and reporting

Contact Information

• Website: www.pwc.co.uk
• Phone: +44 (0)117 955 7779
• Email: uk_emailconsent@pwc.com
• Address: 2 Glass Wharf, Bristol BS2 0FR
• LinkedIn: www.linkedin.com/company/pwc-uk
• Facebook: www.facebook.com/PwCUK
• Instagram: www.instagram.com/pwc_uk

KPMG UK

KPMG UK delivers financial risk management services to clients in banking and capital markets. The company assists with identification, measurement and management of market risk, credit risk and liquidity risk. Work aligns with day-to-day activities and regulatory needs.

Teams develop practical approaches to risk quantification and mitigation. Services include model development and validation for different risk types. Ongoing monitoring receives attention to ensure frameworks remain effective. Capital markets activities often involve specific risk assessment techniques. The overall focus stays on supporting informed decision making around financial exposures.

Key Highlights

• Targets banking and capital markets
• Emphasises risk measurement
• Supports model validation
• Aligns with regulatory needs

Services

• Credit risk management
• Liquidity risk identification
• Market risk measurement
• Risk mitigation strategies
• Capital markets risk support
• Framework development

Contact Information

• Website: kpmg.com 
• Phone: +44 (0) 131 222 2000
• Address: Saltire Court, 20 Castle Terrace, Edinburgh, EH1 2EG
• Facebook www.facebook.com/KPMG
• LinkedIn: www.linkedin.com/company/kpmg-uk
• Twitter: x.com/kpmguk

Merit Risk Consulting

Merit Risk Consulting provides specialist services in enterprise risk management and modelling. The company covers credit risk modelling along with market risk and operational risk. Treasury and liquidity risk also sit within the core offering.

Work includes validation of risk models and ongoing risk assessment activities. Teams support monitoring processes to track risk exposures over time. Services help strengthen governance around different risk categories. Practical solutions address both regulatory requirements and internal needs. The approach remains tailored to the specific risk profile of each client.

Key Highlights

• Specialises in risk modelling
• Covers enterprise risk management
• Supports model validation
• Focuses on monitoring processes

Services

• Credit risk modelling
• Market risk advisory
• Operational risk support
• Treasury risk management
• Liquidity risk framework
• Enterprise risk solutions

Contact Information

• Website: meritrisk.co.uk
• Phone: +44 (0) 208 886 9222
• Email: info@meritrisk.co.uk
• Address: 81 Turners Hill, Cheshunt, Waltham Cross EN8 9BA, UK

Red Queen Advisory

Red Queen Advisory offers advice on credit risk and asset quality for financial institutions. The company provides support on liquidity and treasury risk matters. Compliance and third party risk management also form part of the services.

Work includes regulatory liquidity advice and preparation of internal liquidity adequacy assessment processes. Teams review frameworks for asset quality and capital treatment of credit risk. Outsourcing arrangements receive guidance on risk management and oversight. Conduct risk and consumer duty considerations often integrate into the advice. The approach combines practical implementation with regulatory alignment.

Key Highlights

• Focuses on credit and liquidity risk
• Supports regulatory liquidity advice
• Covers third party risk
• Addresses compliance matters

Services

• Liquidity risk management
• Credit risk advisory
• Asset quality review
• Treasury risk support
• Outsourcing risk frameworks
• Compliance risk guidance

Contact Information

• Website: redqueenadvisory.co.uk
• Email: steph@redqueenadvisory.co.uk
• Address: First Floor, Unit 6-7 Clock Park, Shripney Road, Bognor Regis, England, PO22 9NH
• LinkedIn: www.linkedin.com/company/red-queen-advisory-limited

Esmerise

Esmerise provides bespoke risk management and data analytics consulting. The company works mainly with start-ups, small and mid-tier financial institutions in the UK. Services cover credit risk, prudential matters and climate change risks.

The approach includes development of risk appetite statements and credit risk frameworks. Teams support credit risk strategy, decisioning processes and policy creation. Work also involves stress testing, reporting and management information. Data and analytics play a central role across different risk areas. Climate risk services focus on identification, qualitative assessment and governance frameworks. Prudential support covers internal capital and liquidity adequacy processes along with model risk management.

Key Highlights

• Targets small and mid-tier institutions
• Combines risk frameworks with data analytics
• Covers credit and climate risks
• Supports regulatory processes
• Emphasises stress testing

Services

• Credit risk strategy development
• Climate change risk assessment
• Prudential risk support
• Data and analytics integration
• Stress testing and reporting
• Risk appetite statement creation
• Model risk management

Contact Information

• Website: www.esmerise.co.uk
• Phone: +44 (0) 7738 442 995
• Email: contact@esmerise.co.uk
• Address: 5 South Charlotte Street, Edinburgh, EH2 4AN

CBS Change Partners

CBS Change Partners supports financial service providers with compliance and risk consultancy. The company helps establish robust risk management frameworks. Work focuses on proactive identification, active management and monitoring of enterprise risks.

Teams assist with regular reviews of risk appetite, policies and controls. Services include impact assessments for regulatory change and implementation of new requirements. Data collection, quality and automation receive attention to improve risk processes. Market risks form part of the expertise for prediction and management. The overall approach aims to strengthen governance and support informed decision making around risks.

Key Highlights

• Builds enterprise risk frameworks
• Supports regulatory change response
• Focuses on risk monitoring
• Integrates data solutions

Services

• Enterprise risk management
• Market risk support
• Regulatory impact assessment
• Risk appetite review
• Policy and control development
• Data management for risk
• Governance framework support

Contact Information

• Website: www.cbschangepartners.co.uk
• Phone: 0845 094 4626
• Email: info@cbschangepartners.co.uk
• Address: 83 Princes Street, Edinburgh, EH2 2ER
• LinkedIn: www.linkedin.com/company/cbs-consulting—leaders-in-change

Conclusion

Choosing the right partner for financial risk management services depends on several factors. These include the size of your business, the sector you operate in, the current maturity of your risk processes, and the specific regulatory requirements you face.

Some companies offer a broad, integrated approach across multiple risk types. Others provide deep specialisation in particular areas such as credit risk, liquidity, or climate risk. Both options can deliver value depending on your exact needs.

This guide has aimed to give you a clear and neutral overview of how different UK companies approach financial risk management. It is not designed to recommend any single provider, but rather to help you understand the landscape and compare options more effectively.

Ultimately, the right partner delivers independent assurance and practical steps to reduce risks and support resilience.