235 / 334
F
Risks analysis [G4-14]
F.5
Riskmanagement activities
Atos
|
Document de Référence 2016
235
F
Business risk assessment andmanagement
F.5.2
Atos has a robust business risk management approach reinforced during the last years, based on specific processes and organization.
Business riskmanagement system
F.5.2.1
monitoring. The Group operates a risk management system that
formal and standard approach to bid execution and contract
Atos Rainbow is a set of procedures and tools that provides a
with the control and approval process when entering into new
throughout the life cycle of a project. This process is integrated
treatment (by control and financing) of business risks
facilitates the analysis (by identification and assessment) and
projects that can be delivered effectively and to provide an early
contracts. The objective is to ensure that the Group only bids for
management process:
diverges from its original targets. Specifically, the risk
warning system for any project that encounters problems or
financial risks that could have an impact during the life cycle
identifies potential exposures, including technical, legal and
•
of the project;
significance and materiality of any such exposures;
evaluates, both qualitatively and quantitatively, the
•
mitigation measures are initiated to reduce the likelihood and
impact of negative outcomes on the project; and,
ensures that appropriate and cost-effective risk control or risk
•
order to optimize the use of exposed capital.
risk transfer instruments and internal contingency reserves in
manages residual exposure through a combination of external
•
the Rainbow Delivery Dashboard, providing status on both
All operational projects are monitored on a monthly basis using
KPI’s.
financial, delivery and technology, customer, legal and supplier
Bid Control and Business RiskManagement organization
F.5.2.2
stage throughout the delivery cycle.
capturing and ongoing tracking of risks identified at the bidding
for Bid Control and Business Risk Management, ensuring the
contracting activities report to the Group Senior Vice-President
The control and approval process governing the bidding and
Bid Control and Business Risk Management report directly to the
Group Chief Financial Officer, with the risk managers in the
Management, shortening the lines of command.
Senior Vice-President for Bid Control and Business Risk
GBUs and the Global Divisions reporting directly to the Group
Group RiskManagement Committee
F.5.2.3
Senior Executive Vice-President Operations, Executive
Management. Permanent members of the Committee include the
the Senior Vice-President for Bid Control and Business Risk
ones. The Committee is chaired by the Group CFO and lead by
conducts a thorough review of all the major contracts considered
Finance, and Legal. On a quarterly basis, the Audit Committee
other representatives from the Global Functions, including
Vice-Presidents in charge of the Global Divisions and several
their initial business case.
perform the continuous monitoring of contracts in deviation of
to be high risk. The Global Divisions and the Risk Managers
basis to review the most significant contracts and the sensitive
A Group Risk Management Committee convenes on a monthly