Tricor Roots Consulting is pleased to announce that Syarikat Takaful Malaysia Berhad (“Takaful Malaysia”) is the winner of the 2010  “The Advanced Implementor of the Q-RADAR " Award. Takaful Malaysia has demonstrated excellence in Risk Management since it first started using the Q-RADAR system. As part of its effort to embed ERM within the organization, Takaful Malaysia has developed an entire Risk Management ecosystem that included integrating Q-RADAR with:

On 28th July 2010, Tricor Roots Consulting successfully hosted the 2010 Q-RADAR Trailblazer Alumni Conference. The Alumni Conference was attended by over 150 participants from many of the leading organizations in Malaysia and Singapore, representing our largest ever Conference gathering. There was a host of International Speakers as well as Risk Professionals at the Conference to share practical ERM & Performance Management implementation challenges and strategies used.

Syarikat Takaful Malaysia Berhad (Takaful Malaysia) is the first Takaful (Islamic Insurance) operator in Malaysia. As one of the largest players in the Takaful industry, Takaful Malaysia has experienced rapid growth over the past few years, and as such, having an effective Enterprise Risk Management (ERM) Framework is critical to ensure that the organisation addresses any potential weaknesses in its business model, organisation structure and key business processes as it continues to grow and expand in Malaysia and Internationally. Supporting this initiative has been the use of the Tricor Roots Consulting Q-RADAR system, which has led to a comprehensive transformation of the ERM Framework.

By EDY SARIF
Starbiz 23 November 2009

KUALA LUMPUR: The new global standard for risk management, ISO 31000, will be more helpful in supporting corporate governance for risk management among companies and enterprises, most of which have adopted the current standard of risk management, AS/NZS 4360: 2004 (Standards Australia/New Zealand approach).