We helped a financial institution strengthen its risk framework, reduce exposure, and achieve near-perfect regulatory compliance.
Client
Harborview Financial Group
Industry
Financial Services
Services
Risk & Compliance
Company Size
7,000+ Employees
Location
Boston, USA
Timeline
Jan 2026 – Jul 2026
Harborview Financial Group partnered with ScaleUp to strengthen its enterprise risk management framework and improve regulatory compliance. Over seven months, the engagement reduced risk exposure and achieved a near-perfect compliance score.
This engagement is part of ScaleUp’s ongoing work helping financial institutions strengthen risk management and regulatory confidence.
Fragmented risk processes left exposure poorly understood.
Evolving regulations were difficult to track and address.
Inconsistent controls across business units increased risk.
Poor reporting limited leadership's view of enterprise risk.
Reduce overall risk exposure across the organization
Achieve full compliance with evolving regulations
Standardize risk controls across business units
Improve risk reporting and visibility for leadership
Build a sustainable risk management culture
Assessed risk exposure and controls across the organization.
Built a framework to meet evolving regulatory requirements.
Standardized controls across all business units.
Built real-time visibility into enterprise risk for leadership.
Trained teams to identify and escalate risk proactively.
Enterprise Risk Assessment
Compliance Framework
Standardized Control Library
Risk Reporting Dashboard
Risk Culture Training Program
Governance Framework
Analyzed risk exposure and regulatory requirements.
Defined the target risk framework and control library.
Rolled out standardized controls and reporting tools.
Piloted changes in priority business units before full rollout.
Scaled successfully and continuously optimized performance.
32%
Lower Risk Exposure
99.8%
Compliance Score
40%
Improvement in Control Consistency
50%
Faster Risk Reporting
7 Mo
Project Duration
ScaleUp helped us build a risk framework that gives our leadership real confidence, and our regulators real assurance.
William Turner
Chief Risk Officer, Harborview Financial Group
Financial Services
35%
Improvement in Process Efficiency
$22M
Cost Savings Achieved
2.7x
Increase in Digital Engagement
Retail & E-commerce
29%
Higher Conversion
2.1x
Repeat Purchases
6 Mo
Project Duration
Retail & E-commerce
28%
Increase in Profit
18%
Reduction in Costs
2.4x
ROI in 12 Months
