About
"In increasingly turbulent times, telco’s need to approach their risk assessment with fresh thinking"

"When geopolitics pivot from globalisation to deglobalisation, even if only partially as we are currently experiencing, new risks not observed before emerge and interact with other risks in unprecedented, and unexpected ways. Past risks, risk behaviour and data no longer suffice in serving as prologue, and telco operators need to approach risk management in a different manner. Indeed, during times of geopolitical pivots, fresh thinking and innovative solutions have become vital if the telecom sector wishes to remain resilient. Traditional risk heatmaps - two-dimensional risk management methodologies that analyse risks discretely as single points of exposures with unconnected / unaffected likelihoods and severities become obsolete, and no longer fit the realities of the current complex environment in which telcos operate.

Philip Takken, KPMG’s Global Telecommunications Audit Sector Leader and Andries Terblance, KPMG’s Global Lead of Dynamic Risk Assessment, will discuss one such risk identification and contagion tool - Dynamic Risk Assessment - that better suits the current complex business environment, identifies new, unprecedented risks, and models the unprecedented interconnectivity of the risks. Also, they will discuss the outcome of KPMG’s most recent Dynamic Risk Assessment applied to the telecom industry. This study includes insights gained from telecom specialists from around the globe".
When
Wednesday, November 27, 2024 · 14:00 Amsterdam (GMT +1:00)
Presenters
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Philip Takken
Global Telecommunications Audit Sector Leader
Philip Takken serves as KPMG’s Global Telecommunications Audit Sector Leader and is based in the Netherlands. In this role he is involved in assurance and financial advisory engagements at multiple telecommunication companies in the Netherlands and globally. For over ten years he worked in the New York, USA followed by eight years in Singapore and Australia serving multiple telecom operators before returning to the Netherlands. Throughout his career he has been an active member of industry related organisations including past chairman of the Broadband Financial Committee of the Wireless Communications Association International in Washington D.C., USA, board member of the Australian Computer Society in Sydney, Australia and a member of the AICPA Information Technology Executive Committee.
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Andries Terblanché
Global Lead in Dynamic Risk Assessment
Andries Terblanché is KPMG’s Global Lead of Dynamic Risk Assessment, which he conceived, spent 10 years developing and is now scaling for use across KPMG’s network of member firms. Andries has built and generated strategic and enterprise risk models for 21 FTSE 100 companies, five S&P 100 companies, 11 companies in the ASX 50, four in the TSX 50, three in the CAC 20, four in the Nikkei 50, and more than 450 other companies across various industries. Andries studied at New York University (Stern Business School), Hong Kong University of Science and Technology, Tsinghua University in China, and the universities of Pretoria and Witwaterstrand in South Africa. Until his relocation to London in 2016, he was an Adjunct Professor of Risk and Actuarial Studies at the University of New South Wales in Australia, and a guest lecturer at the University of Technology in Sydney, Australia.
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Victor Barnar
Moderator
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