About
Simple and effective solutions to manage risk
Northly Risk is a boutique risk consulting practice specializing in resilience, crisis management, business continuity, incident management, operational risk, and corporate strategy. Most of our projects focuses on three main areas: a) developing crisis simulations and tabletop exercises for executive teams, board of directors, and operational teams b) helping clients develop or enhance risk-related programs (e.g. crisis management, business continuity, incident management, etc.) and c) traditional management consulting to assist clients in solving complex risk-related challenges (e.g., addressing risk/audit findings, corporate strategy reports, program reviews, resilience roadmaps, etc.).
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Northly was founded in Toronto in 2016 with the aim of helping clients better prepare for, prevent and respond to business disruptions and crisis situations. In 2020 we relocated to Oakville, but still spend much of our time in Toronto's financial district and surrounding areas.
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We are a trusted partner to big banks, multi-national financial institutions, and some of Canada's most established companies. We also have extensive experience working with a range of other sectors, including healthcare, technology, energy, real-estate, government, retail, professional services, manufacturing and not-for-profit. Please see below a snapshot of recent Northly Risk projects.
Sample projects & clients
Here is a snapshot of sample current and past Northly projects. If you'd to learn more, or have a project in mind, please contact us any time.
Joint Board of Directors and Crisis Team simulation for large pension
Design and execution of a highly advanced real-time 'functional exercise' for the Board of Directors and executive Crisis Management Team (CMT) of a large pension, following a 'dual track' model with both teams working together in parallel. Use of advanced 150+ advanced injects (simulated news videos, social media, emails, texts, phone calls, etc.) to create a highly realistic experience.
Executive Crisis Management Team (CMT) exercise for big bank
Design and execution of a highly engaging crisis simulation for the executive-level Crisis Management Team (CMT) of a large Canadian bank, focusing on a specialized technical scenario. Use of advanced design and execution techniques to 'raise the bar' beyond a typical tabletop exercise.
Executive Crisis Management Team (CMT) exercise for big bank
Design of a highly engaging crisis simulation for the executive-level Crisis Management Team (CMT) of a large Canadian bank, focusing on a specialized technical scenario. Use of advanced design and execution techniques (e.g. simulated meetings, video injects, extended duration to 'raise the bar' beyond a typical tabletop exercise.
Incident plan, training and exercise for financial institution
Development of a comprehensive shelter-in-place plan for a large financial institution, designed to address a wide range of possible threats and scenarios, integrated with landlord building management processes. Followed by a practical training session and realistic 'functional' exercise to practice, test and validate the plan.
Advanced functional exercise for large Canadian bank
Execution of a highly interactive 'functional' exercise (real time role-play) for a large Canadian Bank, involving approximately 50 participants spread across 5+ rooms plus remote players. Use of extensive multi-media injects (e.g. news videos, simulation website, live callers) to ensure a realistic and engaging experience.
Resilience roadmap and incident/crisis management plan
Completion of a current state assessment and gap analysis, followed by a short 'resilience roadmap' and comprehensive incident and crisis management plan for one of Canada's largest association operating in the healthcare space.
Business continuity program for mid-sized technology company
Development of a industry-leading business continuity program for a mid-sized technology company, optimized specifically for their remote and hybrid operating environment. Included assessment, roadmap, risk assessment, business impact analysis, BCP development, training, and an advanced virtual tabletop simulation.
Business continuity program refresh for a Canadian bank
Completion of a business continuity program refresh for a large Canadian bank, including: program review and gap analysis, strategy roadmap, and custom-deliverables to achieve priority recommendations.
Information security training for boutique law firm
Delivery of information security awareness training for members of a downtown Toronto law firm in order to raise the executive team and overall employee awareness of industry best practices.
Business continuity program for large medical association
An enterprise-wide business continuity program refresh designed to align with new post-COVID/hybrid working practices. Includes: risk assessment (RA), business impact analysis (BIA), continuity strategy design, and department business continuity plans (BCP) and training/exercise.
Business continuity program review for large bank
A multi-phased strategic advisory project including: a) analysis of emerging threats/risks/trends, b) analysis of options to update continuity strategies to align with evolving needs, c) development of strategic recommendations and roadmap to guide future steps.
Executive simulation exercise for a large medical association
Design, development and execution of an advanced simulation exercise for a large medical association, including two separate parallel pathways for the Executive Team and Business Continuity Team and a heavy focus on real-life simulation in a realistic setting.
Crisis management program for large hydro distributor
Development of an end-to-end crisis management program for a large Canadian hydro distributor, including a crisis plan, scenario-specific crisis playbooks, executive training and practice simulation.
Global Security Operation Center Strategy for Financial Institution
Development of a detailed strategy for a large bank to develop a Global Security Operations Center (GSOC), including: needs assessment, concept (capabilities, staffing, space design, requirements), recommended vendors/software, costing and project plan.