“Our founder and CEO, AJ Sarkar, has built a remarkable team. We believe that
success is not the result of one person, but rather the collective effort of everyone involved in the journey.”
Says Andrew Beagley, SVP of Client Solutions at RiskOpsAI™.
The risk management industry is changing rapidly, with artificial intelligence playing a key role in how organizations identify, prioritize, and remedy risk. Instead of simply reacting to problems, companies are starting to use AI to predict risk, automate compliance, and create near-real-time insights to safeguard their operations and reputations. As cyber threats and regulatory requirements become more pressing, the demand for smart, proactive risk-related solutions has never been greater.
In this fast-paced environment, Andrew Beagley stands out. As the SVP of Client Solutions at RiskOpsAI™, he combines a deep knowledge of the industry with a strong understanding of client needs. His leadership insights connect advanced AI technology with practical business applications, ensuring that RiskOpsAI™ delivers innovation and real value to its clients.
Every team member contributes unique skills, and AJ has successfully put together a diverse group of individuals, including a broad advisory board made up of experts from different industries and roles, especially Chief Information Security Officers, Chief Information Officers, Chief Financial Officers, and Chief Risk Officers. “The more perspectives we can incorporate, the better the results we achieve,” he says.
This mix of skills, diverse opinions, and a variety of ideas strengthens RiskOpsAI™ and drives its success.
Transforming Risk Management
Andrew has held global risk and compliance positions at Fortune 100 companies (predominantly financial services) and has built and managed large teams across multiple countries. He has also served as a financial services regulator in the U.K. and the U.S.
He explains, “Throughout my career, I have developed compliance and risk programs that help organizations understand their risks and make informed mitigation decisions.” The field of risk management is changing quickly, and RiskOpsAI™ is leading the way with its AI-Native Next Generation Risk Management, including its No Obligation Risk Assessment, which allows organizations to download the innovative tools and try them for free.
Traditionally, risk management programs have focused on governance but have been generally reactive and piecemeal. Andrew Beagley notes that the company’s AI-native risk modeling helps organizations accelerate their existing risk programs to be more intuitive and predictive. This methodology supports businesses in understanding how various types of risk affect their operations and the impact on the business at the enterprise level.
Navigating Global Risks
Andrew continues to be drawn to roles in risk management because of the exciting opportunity to help organizations across multiple industries create a more transparent and real-time understanding of risk exposure. The risk landscape is changing quickly because of factors like geopolitical uncertainty, regulatory developments, cybersecurity threats, and extensive use of outsourcing to third-party vendors – all of which merge to create a challenging environment never seen before.
Organizations struggle to understand how effective (or otherwise) their current risk management efforts have historically been. What attracts Andrew to helping build and lead a company like RiskOpsAI™ is the opportunity to enhance and accelerate organizations’ existing risk management programs. This in turn creates a more predictive and intuitive risk culture within the firm, for the benefit of all stakeholders.
Using a structured AI-native approach to identify and prioritize risk, companies can make smarter decisions around how to mitigate them. “It is a privilege to work with RiskOpsAI™ and to be at the cutting edge of this AI-native revolution,” Andrew Beagley says.
Overcoming Challenges
One of the most exciting challenges Andrew has faced in his different leadership roles is the need to build and motivate risk and compliance teams while managing constant change. In industries like financial services and healthcare, successful Chief Risk & Compliance Officers must communicate a clear vision, lead by example, and be open to acknowledging their mistakes.
When faced with obstacles, Andrew Beagley has learned to take a step back and recalibrate, recognize that no one is perfect, and that “there is always a better way.” In times of adversity, don’t be frightened to raise your hand – and run towards the big problems. Rather than allowing setbacks to discourage him, Andrew views them as opportunities to reassess and explore different approaches. Being relentless, listening to others, and maintaining a strategic plan and vision are crucial.
As a Chief Risk Officer, Andrew’s role is to help organizations succeed by identifying, prioritizing, and mitigating risk – and understanding business impact. Traditional risk management programs are often built in isolation from key business decision makers, functioning separately like “ships in the night.” By overcoming structural challenges and promoting a culture of resilience, he helps guide organizations toward success and achievement of financial goals.
Recent Accomplishments & Milestones
RiskOpsAI™ Milestones
- Patents: Two patents obtained for AI risk quantification and risk scenario planning.
- Stakeholder Engagement: Successfully engaged C-suite executives, including CEOs, CISOs, CROs, CIOs, and CFOs.
- Benchmarking: Built 100+ AI models covering different industries.
- Industry Presence: Sponsored and exhibited at major conferences alongside the world’s leading market players.
- Growth: Agile learning, talent acquisition, and motivation drive impressive growth and industry positioning.
RiskOpsAI™ has recently celebrated some significant milestones. One major achievement is obtaining two patents for AI risk quantification and AI risk scenario planning, which are crucial for protecting and demonstrating innovation in the field of next-generation risk management.
In addition, the company has successfully engaged multiple stakeholders, including Chief Information Security Officers, Chief Risk Officers, Chief Information Officers, and Chief Financial Officers. All these business leaders “have skin in the risk game,” and the platform provides risk-related information and answers for each of their different perspectives.
Another proud accomplishment is its significant presence at industry conferences in different geographies. “We go to learn and listen as well as to explain what we have to offer,” says Andrew Beagley. “Benchmarking ourselves against others is an essential data point on our journey.” Despite being a relatively young company, it has had the chance to exhibit alongside well-established players in the market. Its ability to stay agile, learn quickly, and hire and motivate talented individuals has helped it grow and mature at an impressive rate.
These achievements in such a short time have significantly strengthened its position in the industry.
Leading the Way with AI-Native Solutions
RiskOpsAI™ stands out from other organizations in several important ways. When the company started over five years ago, it realized that an AI-native approach would be instrumental in creating the foundation for next-generation risk management.
The company uses proprietary AI technologies for multiple risk management purposes, including data normalization and aggregation, risk quantification, and risk scenario planning. These core elements serve as accelerators and are essential for an effective AI-native risk management approach, setting the company apart in the market.
Further, RiskOpsAI™ helps organizations understand how risks impact their business. Traditional risk management programs often function separately from business decision-makers and strategists. However, RiskOpsAI™ brings together multiple stakeholders by creating a Single Source of Truth, ensuring that everyone has access to the same information to make better-informed risk mitigation decisions, regardless of the individuals’ roles.
The Power of AI in Revolutionizing Risk Management
Today, organizations are overwhelmed by data, with multiple disconnected data sources residing across different platforms, locations, and business units. RiskOpsAI™ AI-native capabilities allow an organization to normalize and integrate different data sources, making it easier to analyze data for risk modeling purposes. This creates a level playing field to quantify risk exposure across the organization.
Once organizations have a clear understanding of their risk exposure in financial terms, they can make informed decisions about how to mitigate risks using scenario planning tools, all based on an AI-native approach. For AI to be most effective in risk management, it needs to be tailored to the characteristics of the specific business, including industry, revenue, and risk appetite.
These examples illustrate how AI is changing the risk and compliance landscape, and this innovation is central to what RiskOpsAI™ does.
Adapting to Industry Needs
“We are experiencing significant traction across several industries, including financial services, manufacturing, and healthcare,” Andrew Beagley says. Although each of these industries has a specific risk profile, they also face common risks, such as cybersecurity threats, data privacy breaches, and the extensive use of third-party vendors.
RiskOpsAI™ AI-native approach to risk modeling and next-generation risk management resonates with organizations in various sectors. While it focuses on specific use cases tailored to each industry, it is also highly customizable. It deploys a standard methodology, including platform configuration, data ingestion, risk modeling, and dashboard visualization, and applies them in an intuitive way to meet the needs of clients within those different industries. Specific use cases include continuous controls testing, compliance automation, AI security, and tools rationalization.
Every organization has a unique risk profile, and RiskOpsAI™ has been effective in helping clients identify solutions that are relevant to their specific needs. Its No Obligation Risk Assessment provides organizations the ability to download and try these key features for free –https://noska.riskopsai.com/.
Current trends include the ability to understand and monitor security, risk, and compliance all in one place. The use of agentic AI further supports these efforts through continuous compliance automation and controls testing, creating an umbrella for risk identification, prioritization, and remediation.
The Commitment to Positive Impact
“I’m excited about how we’ve built the company over the past five years as an AI-native organization,” Andrew Beagley says. Its AI foundation positions the company well at this pivotal time of global change. As a pioneer, we have achieved a lot, but we must remain focused. Our AI-native platform continues to evolve, making sure we are well-positioned to help companies navigate their ever increasingly complex risk environment.”
Focusing on the future means growing the business responsibly and safely, seeking new opportunities, and building strategic partnerships. The company sees the digital channel as providing a significant opportunity, including the launch of its No Obligation Risk Assessment.
The key takeaway is never to be complacent and always focus on the future, including what lies around the corner. Embrace creativity and innovation, listen to others, but most importantly, trust your instincts about the direction the company should go – not just tomorrow or next week, but in five to ten years.
At RiskOpsAI™, with its AI-native approach, this is truly just the beginning. The company finds itself in a unique position, acting as a guiding light for clients needing a more intuitive and forward-looking approach to risk management. This status comes with a well-understood responsibility to use AI securely and ethically, ensuring that it delivers its intended purpose – to generate value.
The company should strive to go above and beyond – not only in terms of financial success, but in its role as an organization that contributes positively to society and helps create opportunity for a safer future.
The Legacy of Support and Guidance
“The legacy I hope to leave behind is that of a fair and ethical leader who passionately cares about the success of the organization,” Andrew says. He wants to be remembered as someone who prioritizes doing the right thing while also being enjoyable to work with. His goal is to create an inclusive vision, collaborating with others through a Single Source of Truth that can truly be trusted and relied upon.
Andrew Beagley aspires to share his skills and experience with those just starting their careers, providing them with a strong foundation and guiding principles for their own journey. He hopes these skills will serve as valuable reference points in their professional development.
Ultimately, Andrew’s vision of success is seeing the team thrive, securing promising futures whether within the company or across broader endeavors.
An Open Letter for Aspiring Professionals, Entrepreneurs, and Emerging Leaders
Dear Aspiring Professionals, Entrepreneurs, and Emerging Leaders,
I want to share some key pieces of advice that I believe are essential for anyone looking to thrive in the risk management and compliance space.
First and foremost, never give up. Resilience is crucial in a startup environment, and it’s important to keep pushing forward, even when faced with challenges.
Second, I encourage you to challenge yourself daily to assess what is working and what isn’t. Don’t be afraid to acknowledge when something isn’t functioning as it should; use that knowledge to your advantage. A supervisor of mine once told me, “Always run towards the big problems.” This is invaluable advice for anyone entering the compliance and risk management profession.
Another lesson I learned early in my career is the importance of making a to-do list. When you start to feel overwhelmed, listing your top tasks for the day can help you stay focused and less stressed! This straightforward approach can be incredibly effective for you and those around you.
Lastly, make sure to enjoy what you do. If you’re not enjoying your work, it will hinder your effectiveness and efficiency. Remember, no matter how bleak things may seem on a given day, there’s a solution to every problem. All of us have the opportunity to shape the future – so give it your best shot!
Sincerely,
Andrew Beagley
SVP of Client Solutions
RiskOpsAI™
5 Key Takeaways from Andrew Beagley’s Journey in the Risk Management Industry
- Teamwork is Key: RiskOpsAI™ believes that its success comes from everyone working together, not just one person. It values different skills and opinions to get the best results.
- AI is Changing Risk Management: The company is using artificial intelligence and compliance automation to identify, prioritize, and remedy risks – making risk management smarter, intuitive, and more efficien,t faster than traditional methods.
- Deep Understanding of Different Risks is Important: RiskOpsAI™ helps companies see how various risks, like cyber threats and regulatory changes, can affect their business. This allows them to make better decisions to handle these risks.
- Learning from Mistakes Helps Growth: Andrew Beagley emphasizes that facing challenges and learning from mistakes is a crucial part of leadership and helps the company improve and succeed.
- Looking to the Future with AI: RiskOpsAI™ sees itself as the leader in AI-native Next Generation Risk Management, using AI for more intuitive decision-making; focusing on growing responsibly; sourcing new business opportunities; and always looking for ways to create a brighter future.
