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Designed by experts, delivered by risk masters

Risk Management as a Service (RMaaS), part of our wider Risk and Resilience offering, is a dynamic, scalable solution designed to empower client firms with outsourced expert risk management resource, avoiding the costs associated with in-house teams. RMaaS offers a flexible approach to identifying, assessing, mitigating, and monitoring risks, ensuring businesses stay compliant, resilient, and well-prepared to navigate the ever-changing regulatory landscape.

Who we support

RMaaS is designed for small and medium-sized enterprises (SMEs). We understand the unique challenges that SMEs face in managing risk and compliance, and our tailored solutions are designed to help businesses navigate complex regulatory landscapes while ensuring operational resilience.

Whether you're in the early stages of growth or looking to scale sustainably, we’re here to support your journey with practical, cost-effective risk management strategies that align with your needs.

Our approach

Given the complex and highly regulated environments that businesses operate in, the need for effective risk management is crucial for ensuring organisational success and resilience.

Risk assessment

We conduct a comprehensive review of your risk universe, identifying key regulatory, operational, and strategic risks specific to your firm. This ensures your risk framework is built on a solid foundation of tailored, sector-specific insights.

Tailored risk mitigation

No two firms are alike. We design and implement targeted risk controls and mitigation strategies that align with your business model, regulatory obligations, and appetite for risk—ensuring you stay compliant and resilient.

Compliance reporting

Stay informed and in control with clear, concise, and actionable risk reporting. We deliver board-ready insights and management reports that support decision-making and demonstrate control to stakeholders and regulators.

Outsourced resource

Access skilled risk professionals without the need for in-house hires. Our team works as an extension of yours—providing hands-on support, expert guidance, and flexible capacity to manage risks effectively and efficiently.

Modular and continuous support

Flexible by design—choose the level of support you need, when you need it. Whether you require full risk management coverage or targeted expertise in specific areas, our modular approach ensures you get tailored solutions without unnecessary overhead, combined with continuous support from our dedicated team.

Why RMaaS?

Bespoke support

We take a client-centric approach and provide a service tailored to your specific needs, with continuous improvement driven by feedback and insights.

Proactive risk management

Stay ahead of emerging threats and changes through regular updates and dynamic risk assessments.

Regulatory confidence

Gain confidence in compliance status, knowing that all regulatory requirements are met and documented.

Your point of contact

Lorraine_Mouat


Lorraine Mouat   linkedin-lead 1 mail

Partner, Payment Services

Lorraine is a Partner at Thistle Initiatives, leading a team of skilled professionals to deliver a variety of projects for PSPs and EMIs.

She is a highly experienced regulatory compliance and risk management expert, with deep expertise in governance, operational resilience, and data management.

Lorraine specialises in compliance frameworks, systems and controls, compliance monitoring, and conduct risk, helping firms navigate requirements and strengthen their risk and resilience strategies in an evolving regulatory landscape.