Financial Risk Management Services: A Guide for UK Companies
AC
Acumon Chartered Accountants·13 min read
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
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
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.
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.
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
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.
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
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.
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.
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.
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.
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.
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.
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.
AC
Written by the Acumon team
Acumon is an ICAEW-registered firm of chartered accountants and registered auditors
based in London, with offices in Pitstone, Aylesbury and Bournemouth. Need advice on
anything covered here? Talk to us.
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