Firm believes its inclusion reflects its industry-first approach of embedding expertise across business functions to reflect how companies actually manage risk

CHICAGO, Sept. 3, 2026 /PRNewswire/ -- West Monroe, an AI-native global consulting firm, announced it has been named a Notable Provider in Forrester's Risk Consulting Services Landscape, Q3 2026. The report lists West Monroe's industry focus as financial services and insurance, healthcare, and utilities. The landscape provides an overview of the risk consulting services market and notable providers, helping leaders evaluate providers based on factors including size, geographic focus, industry focus, and business scenarios.

AI is changing how risk is managed, from how organizations identify and monitor exposure to how they design controls and make decisions. At the same time, regulatory change and technology transformation are raising expectations for risk functions to move faster and show clearer business value. The report identifies regulatory risk and compliance, risk program transformation, and technology risk management as the three core business scenarios buyers most often seek from risk consulting providers.

"Managing risk effectively takes more than risk expertise alone," said Dan Belmont, Managing Partner, Client Strategy at West Monroe. "The challenges clients face rarely fit neatly into one function. They cut across the business, technology, operations, and regulation. Bringing those perspectives together helps organizations move from identifying risk to actually addressing it, with solutions that work in the real world and fit the realities of their industry."

Rather than operating risk as a standalone practice, West Monroe embeds risk expertise directly within its industry and functional teams. Its industry-led model brings together sector expertise with business, technology, regulatory, and operational capabilities, applying a common enterprise risk methodology while tailoring solutions to the specific risks and regulatory expectations of each industry.

Across financial services and insurance, healthcare, utilities, and more, West Monroe helps clients address risk as part of broader business and technology transformation:

• Financial services and insurance: Regulatory response and remediation, financial crime transformation, enterprise risk management, and control modernization. For one large regional commercial bank, West Monroe redesigned KYC practices, reducing unnecessary client touchpoints by 43% while strengthening identification of more than 50 high-risk client types.
• Healthcare: Data and privacy risk, regulatory compliance, and operational resilience. For one private equity-backed healthcare provider, West Monroe strengthened cyber resilience across 2,000+ endpoints in 12 weeks, secured 1,000+ workstations, and eliminated 90+ unauthorized applications.
• Utilities: Regulatory risk management, grid resiliency, asset and third-party risk, and infrastructure modernization. For one national utility, West Monroe implemented automated isolation procedures that improved cyberattack response time by 90% across 60+ critical processes.

A core element of West Monroe's approach is connecting risk strategy to implementation. The firm helps clients move from identifying risks and defining frameworks to designing controls, implementing technology, transforming operating models, and embedding risk into major business initiatives. Its work spans:

• Risk Advisory & Strategy: Enterprise risk framework design and modernization, regulatory interpretation and change management, risk assessments, governance, and policy design.
• Risk Transformation & Implementation: Regulatory remediation, control design and operationalization, AI-enabled compliance automation, GRC platform implementation, and target operating model deployment.
• Risk Embedded in Business Initiatives: M&A diligence and value creation, cybersecurity resiliency, financial crime transformation, and digital, cloud, AI, and platform modernization with integrated risk controls.

West Monroe's focus on implementation reflects a broader shift in the market. Forrester notes that buyers increasingly expect risk consulting providers to help implement and operationalize recommendations rather than simply assess outcomes, driving demand for deeper technology, transformation, and implementation capabilities.

Learn more about West Monroe's integrated approach to risk and compliance: https://www.westmonroe.com/.

Forrester does not endorse any company, product, brand, or service included in its research publications and does not advise any person to select the products or services of any company or brand based on the ratings included in such publications. Information is based on the best available resources. Opinions reflect judgment at the time and are subject to change. This report is part of a broader collection of Forrester resources, including interactive models, frameworks, tools, data, and access to analyst guidance. For more information, read about Forrester's objectivity here.

About West Monroe

West Monroe is an AI-native global consulting firm built for today's pace of change. We combine deep industry expertise with modern technology and business transformation capabilities to help organizations move faster and deliver measurable impact with speed to value and certainty of results through execution excellence. We don't just talk about what's possible—we apply AI and technology where it matters most, pairing strategic insights with hands-on execution to help clients move from strategy to results, faster.

Clients tell us we show up differently. Our employee ownership model fuels an all-in approach grounded in practical execution, measurable impact, and lasting partnership. That commitment has earned recognition from Forbes and Business Insider and made West Monroe one of only 22 companies recognized worldwide for building high-quality careers.

See what's possible at westmonroe.com.

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SOURCE West Monroe