The objective of the gap analysis is to compare the company's actual performance with potential performance. The analysis also provides a basis for the development of a roadmap that describes implementation actions.

We provide our clients with a comprehensive review which encompasses all major blocks of a sound and effective best practice framework:
Governance: risk strategy, roles and responsibilities, escalation, etc.
Documentation: guidelines, limits, operational procedures, internal reporting, etc.
People: tasks, duties, skills and regulation knowledge, etc.
Methodology: models, frameworks, standards, and compliance with regulatory requirements, etc.
Systems: adequacy, security, etc.
Data: quality, integrity, completeness, etc.

The review combines three levels of analysis:

• Analysis of the work already performed by the current infrastructure. This includes a detailed review of existing policies, measurement framework, procedures, reports, etc.
• Review of the data available to assess completeness of the information required to comply with the regulatory requirements.
• Completion of the analysis through workshops with the appropriate function and other relevant stakeholders (Quality department, IT, Internal Audit, etc.). The objective of these workshops is to enhance the initial analysis and to assess the maturity level of all these elements with those involved in the process