About: Christine Thomas
This author has not yet filled in any details.The Role of Risk and Compliance Managers in Bank Transformations
The banking industry is undergoing a paradigm shift thanks to technological advancements and cultural forces that are changing the way people and the economy interact with banks. Risk managers and compliance managers are at ...
Climate Risks Will Soon Be an Essential Part of Risk Management Frameworks
Discussions about climate and environment related disclosures and regulations have discussed for some time. Recent developments suggest that governments are in the planning stages of creating regulatory frameworks that accoun...
The Benefits of Making Risk and Compliance Data Accessible for Analytics
Businesses want their risk and compliance frameworks to be more capable of providing them with business intelligence that is useful for executive decision-makers. The problem is that the current state of risk and compliance ...
How Hassle-Free Bank Tech Implementations Deliver Results
Modern risk and compliance technology implementations are remarkably easy for businesses. Gone are the days when a technology implementation meant multiple quarters or years of business process disruptions and issues that ha...
The Benefits of a Data-Integrated Approach to Risk and Compliance
Most businesses realize the importance of data in this age. Data has become one of the most influential assets a business can have in its repertoire because it allows businesses to gain insights, predict trends, and detect ...
Transforming a Static Risk Management Framework into a Dynamic System
There is a famous quote often attributed to Warren Buffett - “Only when the tide goes out do you discover who has been swimming naked”. This piece of wisdom truly applies to risk management. Most companies can survive jus...
Risk Management Lessons for 2021 from the 1918 Pandemic
The ongoing pandemic is a unique global event for most people living today, but it is important to remember that it is not the first plague the world has faced, and it will likely not be the last. While the world has changed ...
How Regtech Helps in Making a Regulatory Change Management Plan
Our previous blog covered the first step of the RCM (regulatory change management) process – understanding upcoming regulatory challenges and their impacts on the organization. Once that step is complete the risk teams, com...
Streamlining the Regulatory Change Management Process
Implementing the updates required when regulations change is often an inefficient process for organizations. The nature of the process tends to create a lot of redundancies and inefficiencies. However, the entire process ca...
What Businesses Need to for Regulatory Change Management in 2021
Regulatory change management is a continuous challenge for many businesses across the country. Changes in regulations are always a bit difficult to manage for businesses, but the year 2021 is promising to be more eventful ...