Andrew Hunt

As compliance technology becomes more accessible, more banks are dipping their toes to understand how they can utilize the technology to improve their bottom line. This approach is laudable and very appropriate for the modu...

The availability of new tools redefines the rules that players abide by – this has been true of every market and industry in the world. Whenever there is a paradigm shift in technology, new businesses emerge, and older busine...

Money Service Businesses (MSBs) provide services to people who may not use the banking network. While MSBs are not banks, they are bound by many of the same regulations and laws and must ensure compliance just like banks. ...

Banks monitor and track market and financial risks with amazing efficiency but are often unable to achieve the same level of excellence when it comes to operational risks. This variation in performance is due to the very diff...

Every organization learns through experience, but the smartest organizations also learn from the experiences of others. U.S. banks are going through a tumultuous period due to the uncertain outlook and unstable current situa...

‘’Real-time’’ would be the last word most people would use to describe how regulatory changes are often managed. There is a cycle whenever there is a regulatory change; the change is first announced, the bank then an...

Asking the right questions is the first step in getting the right answers. Simply thinking about how to improve the compliance performance of an organization is a vague proposition and can result in a confusing answer. Instead...

Software solutions for managing risk and compliance are not a recent innovation. Some of the largest banks in the country have been using software solutions to manage risk and compliance for almost two decades by now. Howeve...

Specialized risk and compliance management technology is now becoming mainstream in mid-sized banks across the country. Most banks, when they look for the right technology to implement, prepare themselves for a significant f...

Whenever there is a paradigm shift within a domain it is necessary to change our perspective of what is possible accordingly. Whenever we set the standards and accepted performance levels of any process, we look at all the c...