About: Christine Thomas
This author has not yet filled in any details.3 Focus Areas for Success in Risk and Compliance
The financial sector is undergoing a paradigm shift, necessitating a change in risk and compliance management. Banks and financial institutions are no longer competing solely against one another; they are now competing agai...
Rising to the Challenges of Compliance Management in 2021
When it comes to regulatory and governance challenges, financial services brands all over the world are under pressure to boost enforcement while effectively managing reputation. This pressure comes not just from regulators, but...
The Rising Need of Automation in Risk and Compliance Management
Businesses are seeking more efficient and effective solutions for managing risk and compliance. This need is driven by several factors, but the two main reasons are increased government oversight and market competition. The...
The Impact of ESG on Compliance Management
ESG (Environmental, Social, and corporate Governance) is a major topic of discussion in the business world and for good reason; ESG is not just a new trend or buzzwords that will die out in a few years. ESG is a shift in the ...
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...