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Deloitte rated global leader in Risk Consulting by analyst firm Hypatia Research Group

Published 5 September 2012 

Analyst firm Hypatia Research Group rated the Deloitte network of member firms (Deloitte) as the leading risk consultancy in a recent report.

Hypatia published the findings in its trademarked Galaxy™ evaluations as presented in The Coming Convergence of Enterprise GRC: Why Management Consultancies Should Deliver a Holistic Approach. This 50+ page comparative evaluation of the governance, risk, compliance, and security consulting marketplace globally was based on buyer surveys and service provider interviews.

“In the past year alone Deloitte’s risk consulting practices have received more than a dozen highly favorable rankings from various analysts,” said Adel Melek, Managing Director, Global Enterprise Risk Services, Deloitte Touche Tohmatsu Limited (DTTL). “We are pleased that this latest evaluation cites Deloitte’s ‘unparalleled’ breadth and depth in GRC, security, and IT risk consulting services.”  

Commented Colm McDonnell, Partner, Enterprise Risk Services, Deloitte Ireland: “In an era of increasing regulation and complexity, Hypatia’s top ranking of Deloitte is testament to the global network’s staying power as a leading provider of end-to-end risk consulting services.”

Key findings and observations by the report’s author Leslie Ament, Hypatia Vice President and Senior Analyst, include:

  • “Deloitte takes a top-down and bottom-up approach to enterprise governance, risk, compliance and security offerings. True to its matrix-based, multi-service delivery model, an estimated 20,000 resources from the organisation's robust enterprise risk, tax, and audit capabilities are part of this comprehensive offering.”
  • “Specifically among the Big Four, the Deloitte member firms' risk advisory and IT consulting services breadth and depth are unparalleled. As one of the only professional services organisations not to divest part of its consulting operation, it has been able to build on its lead instead of trying to play catch-up. Deloitte’s multidisciplinary business model effectively positions the organisation to capture growth and build market share in this service line.”
  • “Deloitte, like many of the professional services organisations and consultancies we assessed, is agnostic in working with software vendors. However, the Deloitte global network differentiates itself by tightly integrating its proprietary Risk Intelligence methodology framework with various GRC solutions.”

Source: "The Coming Convergence of Enterprise GRC: Why Management Consultancies Should Deliver a Holistic Approach," © 2012 Hypatia Research Group, LLC

About Deloitte
Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited, a private company limited by guarantee, and its network of member firms, each of which is a legally separate and independent entity. Please see www.deloitte.com/ie/about for a detailed description of the legal structure of Deloitte Touche Tohmatsu Limited and its member firms.

The information contained in this press release is correct at the time of going to press.

Deloitte’s 1,200 people in Dublin, Cork and Limerick provide audit, tax, consulting, and corporate finance services to public and private clients spanning multiple industries. With a globally connected network of member firms in more than 150 countries, Deloitte brings world-class capabilities and high-quality service to clients, delivering the insights they need to address their most complex business challenges.

Deloitte's approximately 182,000 professionals are committed to becoming the standard of excellence.

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Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited, a private company limited by guarantee, and its network of member firms, each of which is a legally separate and independent entity. Please see www.deloitte.com/ie/about for a detailed description of the legal structure of Deloitte Touche Tohmatsu Limited and its member firms.

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